How to generate virtual NIN to link with bank accounts

Nigerian banks have been sending messages to their customers to link their National Identification Numbers (NIN) with their bank accounts or risk their accounts being placed on post-no-debit as instructed by the Central Bank of Nigeria (CBN).

While the directive was issued on December 1, 2023, banks did not start the awareness until about a week before the end of February 2024, which created a rush to beat the deadline.

Although bank customers with tier 1 accounts have the option of linking either their Bank Verification Number (BVN) or NIN, customers with tier 2 and tier 3 accounts must link both BVN and NIN, according to the CBN.