October 23 2017
Financial experts on Monday said the Federal Government’s move to freeze all accounts not covered by Bank Verification Number (BVN) would check money laundering. The financial experts told Newsmen in Lagos while reacting to the court order by the Federal Government mandating banks to freeze all individual and corporate accounts not covered by BVN. BVN is a unique identification number that can be verified and used to transact business across all the banking platforms in Nigeria.
