Business
NIRA Registers 18,870 Domain Names
The Nigeria Internet
Registration Association (NIRA) says it registered 18,870 new domain names, renewed 11,904 and transferred 765 to the .ng domain in 2014.
This is contained in a statement signed by the association’s president Mrs Mary Uduma, and made available to newsmen recently in Lagos.
The statement said NIRA registered 1,425 new names in January 2014 and 1,498 in February.
“Through its registrars, 2,317 domain names were created in the month of March, 1,691 in April, 1,408 in May, 1,335 names in June and 1,402 for the month of July.
“The month of August recorded 1,437 new names, while the figure increased to 1,531 in the month of September.
“There were 1,581 registrations in the months of October 1, 742 in November and 1,503 in December.
“The month of December 2014 recorded a drop in the .ng domain name purchase activities by the registrants as one can guess that domain names are not popular gift items.
“There was a slight decrease in the number of domain names renewed in December 2014, mainly due to the Christmas and New Year celebrations,” the association said.
“We, however, renewed in all a total of 11,904 domain names for 2014.
“Interestingly, there was a remarkable increase in the transfer window, as 765 domain names were transferred to the .ng domain as at December 31, 2014.”
The statement, however, attributed the increase in the transfer of domains to the entrance of new registrars.
“The number of NIRA accredited registrars remained at 47 with some applications for Registrar’s registration undergoing processing,” it said.
Business
Agency Gives Insight Into Its Inspection, Monitoring Operations
Business
BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
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