Lagos — The Central Bank of Nigeria, CBN, yesterday, imposed fresh condition for owning a bank account saying that from January 8, 2013, the National Identity Number, NIN, would be criteria for owning and operating a bank account in the country.
To this effect, from September 1 this year, CBN in conjunction with the National Identity Management Commission, NIMC, and the Nigeria Interbank Settlement System, NIBSS, would commence a three months enrollment exercise for all existing banks' customers to capture their biometrics and issue to them NIN as well as a General Purpose Identity Card.
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