Business
Association Registers 1,542 .ng Domain Names
The President of the
Nigeria Internet Registration Association (NIRA), Mrs Mary Uduma has said that 1,542 .ng domain names were registered in the month of January.
Uduma made this known in a statement made available to reporters in Lagos recently.
She noted that there was a slight increase in domain name activities in January, 2015 compared to 1,425 registered in January, 2014.
Uduma said that 1,070 domain names were renewed in January, 2015 with an increase of 259 renewals when compared to 811 in January, 2014.
She said that the association transferred 41 domain names, showing a decrease of eight, compared to 49 transferred in January, 2014.
‘’With more appreciation of the Nigerian Identity on the Internet, as the year progresses, more activities will be noted within the domain name industry,’’ the NIRA president said.
She said that .ng (like Nigeria’s currency – Naira – and +234 for country code) was the official Internet Corporation for Assigned Names and Numbers (ICANN) approved country code Top Level Domain (ccTLD) for Nigeria.
According to her, availability of names is better on the .ng ccTLD than on the generic top-level domain (gTLD) like .com, .org.
She said that, with the .ng domain name, branding and geo-targeting of local content to the Nigerian market would be easier.
‘’With the .ng, our primary DNS servers are secure and locally managed with multiple cast servers located around the world,’’ Uduma said.
She said that hosting businesses on the .ng would help to support the Nigerian economy and provide jobs for local information technology professionals.
Business
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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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