The Central Bank of Nigeria has extended the deadline for Bank Verification Number (BVN) registration, which is ongoing across the country.

The bank had earlier fixed Tuesday, June 30, as deadline for the exercise, warning that defaulters may not be able to have access to their accounts as from July 1.

As the deadline approached, millions of customers spent hours on long queues at banks across the country, struggling to have their data captured.

The CBN said on Tuesday that the exercise will now end on October 31, 2015.