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DMBs

CBN To Freeze Accounts Without BVN

The Central Bank of Nigeria has directed the Deposit Money Banks in the country, to submit list of customers and bank accounts without bank verification number. The CBN in a letter asked the 19 DMBs to comply with the directive with immediate effect. A source confirmed to the Punch that majority of DMBs in the country have already complied with the directive from the CBN. The source further revealed that the DMBs are trying to delay the process so as to frustrate the Federal Government’s plan to seize monies in the…