The Central Bank of Nigeria (CBN) has issued a directive imposing a “Post No Debit” restriction on all bank accounts without a Bank Verification Number (BVN) and National Identification Number (NIN) effective April 2024. The term “Post No Debit” refers to a restriction placed by banks on specific accounts, preventing account holders from making withdrawals, … Continue reading CBN to freeze accounts without NIN, BVN effective April 2024