Regularize account bvn director general sec urge investors #

It seems like you're referring to a news article or a statement made by the Director General of the Bank Verification Number (BVN) department. Here's a possible breakdown of the information:

Regularize Account: This likely means that the BVN Director General is urging investors or account holders to ensure that their bank accounts are in compliance with regulatory requirements. This could include updating their account information, resolving any discrepancies, or taking other necessary steps to maintain the integrity of their accounts.

BVN: The Bank Verification Number (BVN) is a unique 11-digit number assigned to each bank account holder in Nigeria. It's used to verify the identity of account holders and prevent fraud.

Director General: The Director General of the BVN department is the head of the agency responsible for implementing and managing the BVN system in Nigeria.

Sec: This likely refers to the Securities and Exchange Commission (SEC), which is the regulatory body responsible for overseeing the Nigerian capital market.

Urge Investors: The Director General is urging investors or account holders to take action to regularize their accounts. This could be due to concerns about the integrity of the accounts, potential fraud, or other issues that need to be addressed.

Here's a possible summary:

The BVN Director General is urging investors to regularize their bank accounts to ensure compliance with regulatory requirements. This is likely in response to concerns about the integrity of accounts and potential fraud. The SEC is also involved in this effort to ensure that the Nigerian capital market is protected.