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Over 26 million Nigeria bank accounts could be closed for not having Bank Verification Number (BVN)

Nearly 20 months ago, Nigeria’s Central Bank called for the country’s 52 million bank account holders to undergo a registration process to obtain a unique Bank Verification Number (BVN ) which would serve as the first national numeric identifier. The Central Bank hopes giving everyone a unique number, similar to the U.S.’ social security number, could help…