Connect with us

Business

Customers besiege banks ahead of BVN deadline

Published

on

Ahead of the October 31st deadline for the enrollment for the Bank Verification Number (BVN) many banks across the federation swarmed with customers who thronged the banking halls to get their BVN.

When Ripples visited some banks within Lagos metropolis and its environs, customers’ turnout was massively high.

In Mushin, Ikorodu, Ikeja, Yaba, Festac town and its environs, most of the banks were overflowing with customers who were desperate to be captured.

It can be recalled that the Central Bank of Nigeria (CBN) had extended the deadline for the BVN exercise to October 31, 2015 after banks were inundated by last minute customers to beat the earlier deadline back in July.

A few hours to the close of banking business on Friday, the CBN issued a statement warning unsuspecting customers of activities of those it described as “certain unscrupulous individuals sending unsolicited mails and text messages to unsuspecting bank customers, alerting them to the deactivation or suspension of their bank accounts due to uncompleted Bank Verification Number (BVN) registration process.”

Read also: BVN for BDC: Reps summons Emefiele

The apex bank warned individuals and the general public that such “messages are intended to lure bank account holders to reveal their personal details with which the fraudsters could use to defraud them.”

The CBN and deposit money banks nor their employees or agents the statement said “ever call bank customers or send e-mail/text messages requesting for passwords, card details or personal identification number (PIN).”

RipplesNigeria …without borders, without fears

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now