36.8 MILLION BANK ACCOUNTS LINKED TO BVN

Written by on February 25, 2019

Reports from the Nigerian Interbank Settlement Scheme say about 36.8 million bank accounts have been linked to the Bank Verification Number as of February 17 this year representing about 51% of the total number of active bank accounts.

Analysis of the data showed that the total number of bank accounts as of the end of January 2019 was 118.9 million, out of which 71.79 million are still active.

The Director, Corporate Communications, CBN, Isaac Okoroafor further in the report said about 25.97 million current accounts were opened by bank customers while savings accounts reached 89.67 million as of January this year.


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