What is NUBAN?

NUBAN is a Nigerian banking acronym which stands for;
N— Nigeria
U— Uniform
B— Bank
A— account
N— Number

So what does this refer to? The Nigeria Uniform Bank Account Number (NUBAN) is a 10-digit Bank Account number associated with consumer accounts.

The Central Bank of Nigeria made it mandatory for every active bank client to be issued an NUBAN so it would be the only number that a client would need to liase with the bank. In the past , clients could often have much longer account numbers or several numbers making things very confusing for both sides.

The 10-digit NUBAN is a great example of strides being made in the Nigerian banking system.