This BVN registration exercise means that the Central Bank of Nigeria (CBN) has the bio data of every single person with a Nigerian bank account. And this presents a very dangerous scenario.
Here are some of the reactions from Twitter Nigeria to the BVNpocalypse.
It’s judgement day. Here’s what to do if you’ve been hit by the mighty hammer of the BVN.
The Nigerian banking sector tightens loose security threads by introducing the BVN. So we decided to bring you up to date on what the BVN does and doesn’t do.
Three cell phone numbers, office line, house address, dynamic PayPal password; there is just nowhere to fit the BVN number on there. Sounds like you? Etisalat and NIBSS has a proposition you’ll love, or not. What else happened today?
The BVN – what the CBN says will be universal identifiers in Nigeria for all bank accounts owned by an individual – is only the latest in a long list of numbers we have to commit to our quickly depleting memory.