As part of efforts to encourage more Nigerians who do not have bank accounts to come into the banking system, the bankers’ committee has concluded plans to categorise Bank Verifications Number (BVN) into Premium and Lite.
At its 11th meeting which ended on Saturday in Ogere, Ogun State, the bankers also disclosed plans to begin an estimated N25 billion renovation work on the National Arts Theater Iganmu Lagos, in January 2020.
Addressing newsmen at the end of the two-day meeting, the CBN Governor Godwin Emefiele explained first, that those categorised under the BVN lite will have a limit to the kind of transactions they can do in terms of deposit, withdrawals and in terms of…
Source: Nigerian Tribune
