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CBN extends uniform account number to OFIs by April 20

…fixes March 15, 2021 as deadline for compliance

The Central Bank of Nigeria (CBN) on Wednesday revised the Nigeria Uniform Bank Account Number (NUBAN) to include the Other Financial Institutions (OFIs) for efficient operations of electronic funds transfer and cheque clearing operations by Deposit Money Banks (DMBs) and OFIs. Other Financial Institutions are institutions, apart from commercial banks, that carry out financial services…

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