The Central Bank of Nigeria, says six thousand, forty-seven Bank Verification Numbers, BVNs, are on its watchlist for fraudulent transactions.
This was contained in the CBN Financial Stability June 2022 report published in December 2022.
It was also stated that the number of BVN-linked accounts was 130.57 million out of 148.46 million active accounts.
Part of his statement reads,
“Also, 2,722,518 BVNs were enrolled, bringing total BVN enrolment to 54,651,086, reflecting an increase of 5.24 per cent over 51,928,568 enrolments at end-December 2021.
“The number of accounts linked with BVNs was 130,569,656 out of 148,462,947 active customer accounts, while the number of watch-listed BVNs associated with fraud and deceased persons stood at 6,047 and 11,871, respectively.”
