CBN Rolls Out Penalties for BVN Infractions

By Sodeinde Temidayo David The Central Bank of Nigeria (CBN), in a bid to promote financial system stability, has declared that financial institutions and customers that violate the framework of the Bank Verification Number (BVN) would face sanctions. This was made clear in a circular issued by the CBN on Tuesday to all deposit money… Continue reading CBN Rolls Out Penalties for BVN Infractions