BVN CBN says 23 million accounts already enrolled

The BVN is a centralised biometric identification system for the banking industry, launched by the bankers’ committee and the CBN.

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BVN poster play

BVN poster

(nigeriacommunicationsweek)
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The Director, Banking and Payment System Department, Central Bank of Nigeria (CBN), Mr. ‘Dipo Fatokun, has said that a total of 23,345,964 million bank customers had obtained their Bank Verification Numbers (BVN) as at February 7, 2016.

The BVN is a centralised biometric identification system for the banking industry,  launched by the bankers’ committee and the CBN.

Central Bank Governor Godwin Emefiele speaks at the monthly MPC meeting in Abuja, Nigeria, September 22, 2015. REUTERS/Afolabi Sotunde play Central Bank Governor Godwin Emefiele speaks at the monthly MPC meeting in Abuja, Nigeria, September 22, 2015. REUTERS/Afolabi Sotunde

 

The CBN official shared this information recently at a conference organised for members of the Finance Correspondents Association of Nigeria (FICAN), in Ibadan.

READ: CBN extends registration deadline for Nigerians in diaspora

In his presentation, Fatokun also mentioned that over 28,303,332 customers’ BVN, out of the existing 55,316,040 customers in all the banks in Nigeria, had been linked to their respective bank accounts.

Mr. Dipo Fatokun, director of Banking and Payment Systems at the Central Bank of Nigeria (CBN). play

Mr. Dipo Fatokun, director of Banking and Payment Systems at the Central Bank of Nigeria (CBN).

(thisdaylive)

 

The CBN also revealed that there was an unprecedented upsurge in the volume and value of transactions across all payment channels in 2015, compared to 2014.

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