Business
MDAs To Enforce Use Of Nat ID Number
General Manager Legal Services, National Identity Management Commission (NIMC),Mrs Hadiza Dagabana on Saturday made some clarifications on the planned enforcement of the use of the National Identification Number (NIN).
In an interview with The Tide source in Abuja, Dagabana said it would be enforced by the relevant Ministries, Departments and Agencies (MDAs).
NIMC had earlier pegged September last year for the enforcement of the NIN before critical services could be rendered to Nigerians.
She explained that the Commission was taking the step in pursuant of the official gazetting on the commencement of the mandatory use of the NIN as enshrined in section 27 of the NIMC Act.
“This stipulates that transactions like applications for International Passport; opening of bank accounts and purchase of insurance policies will be done with the NIN, beginning from Sept. 1, 2016.
“Other such transactions include those that have social security implications, like the National Health Insurance Scheme, registration of voters, payment of taxes, and pensions, among others,’’ she said.
Dagabana also said that the Commission had earlier announced a Jan. 9 date for commencement of the enforcement by relevant agencies.
“The decision to allow more time before enforcement was to provide the enabling environment for the Commission to harp on the new drive.
“This will enable us aggregate demographic and biometric databases from relevant MDAs and harmonise as recently directed by the President through the office of the Vice-President Yemi Osinbajo,’’ she said.
She added that enforcement of compliance would be announced to the general public after NIMC had concluded an ongoing review of its strategy on compliance.
“NIMC has circulated copies of the Regulation and the Implementation Guidelines to major stakeholder agencies to ensure that they request for the NIN from Nigerians and legal residents before services are rendered.
“The commission, therefore, calls on all Nigerians to use this period to visit any NIMC enrolment centre near them to enrol before the Commission begins full enforcement.
“At the commencement of full enforcement, services will be denied to all those who seek such services without their NIN,’’ she warned.
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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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