Nigeria’s unbanked adults, numbering over 40 million, do not qualify to access the N50 billion COVID-19 fund by the Central Bank of Nigeria (CBN) due to requirements like Bank Verification Number (BVN) and Know Your Customer (KYC).
The Central Bank in March 2020 introduced an N50 bill
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```