The Central Bank of Nigeria (CBN) says the Bank Verification Number (BVN) issued in Nigeria remains for life and has no expiry date, as reported by a national newspaper. Its Acting-Director, Corporate Communications, Alhaji Isa Abdulmumin, said this in a statement on Wednesday.
According to Abdulmumin, the claim is completely false. He therefore called on bank customers to be guided. The BVN, is an 11-digit number that acts as an individual’s universal ID in all banks in Nigeria. It ensures a customer can engage securely in transactions at any Point of Banking operations.
