BVN Registration Rises Again
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Nigeria’s Bank Verification Number database rose to 68.6 million in March 2026 as more Nigerians enrolled to link their bank accounts.
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The increase reflects continued efforts to bring more people into the formal banking system.
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The update is based on fresh data released by the Nigeria Inter-Bank Settlement System, which tracks BVN registrations across the country.
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The figures show steady growth in the number of account holders tied to the system.
The rise comes as financial institutions push for stronger identity verification to improve security and reduce fraud.
Linking bank accounts to BVN has remained a key requirement in Nigeria’s banking sector.
With more registrations recorded, the database continues to expand, shaping how financial services are accessed and managed nationwide.
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