Business
NIMC Tasks FG On e-ID
The National Identity
Management Commission (NIMC) has urged the Federal Government to approve the use of the new national electronic identity card (e-ID) as a valid travel document for Nigerians going outside the country.
In a statement issued in Abuja on Friday by the Head, Card Management Services of NIMC, Mr. Tunji Durodola said the new National e-ID card is a bonafide Machine Readable Travel Document (MRTD) recognised by the International Civil Aviation Organisation (ICAO).
He said that one of the 13 applets imbedded in the JGOP Chip on the ID Card has similar content usually found in Nigeria’s e-passport and is known as ICAO Applet, stressing that it could therefore easily be used as a travel document subject to approval of the international community.
He said for the National e-ID card to be recognised by other countries for cross border travels its usage must be included in a bilateral agreement among countries that partner with Nigeria and the agreement must be recongised by the countries immigration and border control agencies and such countries must have inspection devices that can read the cards which most nations currently have.
Durodola said the features present in the current e-ID card cannot stop it from being deployed for other travelling purposes by Nigerians as alternative to the international passport.
He called for cooperation among the Aviation Ministry, Foreign Affairs and the Immigration Service to ensure that the e-ID work as alternative international passport usage by Nigerians, stressing that the identity management commission is ever confident that with time, the international community will build confidence in the authenticity of the card and the inbuilt robust security in the card.
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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