National Identity Management Commission (NIMC) has said that the new National Identification Number (NIN) card can be used by Nigerians for financial transactions including payments and cash withdrawals, in addition to being used as a means of identification. Kayode Adegoke, head of Corporate Communications, and Peter Iwegbu, director of Card […]
Nigerian Interbank Settlement System (NIBSS)
The Federal government’s recent announcement of plans to introduce three new national identity cards in May has received a chilly reception from the public. The initiative, aimed at targeting 104 million citizens, is part of a larger effort to establish a unified and secure digital identity framework across the nation. […]
The Central Bank of Nigeria (CBN) says that only 57.4 million individuals out of Nigeria’s population of over 200 million have a Bank Verification Number (BVN). The BVN project was launched in February 2014 in collaboration with the Nigerian Interbank Settlement System (NIBSS), the Bankers’ Committee, and deposit money […]
