The Central Bank of Nigeria (CBN) plans to remove accounts not linked to the Bank Verification System (BVN) from the financial system. The objective is to clean up the sector and reduce the growing incidence of fraud.
Blaise Ijebor, director Risk Management Department and Chief Risk Officer, CBN said this at the Prembly Compliance Breakfast Dialogue on Thursday 6 April. He was joined on a panel by Olufemi Shobanjo, head of Broker-Dealer Regulation, NGX.
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2024 All Rights Reserved | Curated and Powered by Nigeria DNA
