Business
SIM Registration: Subscribers Besiege MTN Shops
Following text messages di
recting subscribers nationwide to visit its shops to update their SIMs registration, hundreds of angry subscribers on Thursday besieged MTN offices in Abuja for the exercise.
The Tide learnt that although the subscribers, mostly workers and businessmen, have abandoned their duty posts for the registration, the exercise was very slow due to faulty machines or network problems.
In some of the centres where the exercise was ongoing, the numbers of machines used were insufficient compared to the crowd impatiently waiting for their turns.
The Tide investigation recalled that some of the subscribers, who were at the outlets for the update, complained that they were registering their SIMs for the third or fourth times.
At MTN main office at Phase 4 in Kubwa, the road leading to the building was blocked by subscribers that besieged the building for the exercise as early as 8 a.m.
Only four machines were provided at MTN New Dawn shop, Mercy Plaza, Kubwa, in spite of the crowd at the premises.
“We registered only 50 lines on Wednesday due to inadequate number of machines coupled with epileptic network. We are expecting to register more today,’’ one of the officers who requested anonymity at the outlet said.
At MTN registration point, Phase 3, Kubwa, the only machines provided was faulty, while the crowd at the registration point at A Class Park, Wuse 2, was overwhelming.
The situation was not different at other registration centres in the Federal capital territory as many who expected smooth conduct of the exercise were frustrated leaving some with no option than to consider switching to other service providers if their SIMs are blocked.
The MTN had recently sent text messages to its subscribers, directing them to visit its outlets to update their SIMS to meet NCC standard.
“Dear customer, please visit any of the registration point near you from Dec. 26 with valid ID card to update your finger print and picture to NCC standard.
“You have been compensated with N20, 000 valid for 7 days. To activate, please visit any MTN registration outlet to update your biometrics. Dial *559*40# to check.
“Dear customer, this SMS gives you priority access to all MTN shops. Please display it at any MTN shops entrance for express service. Thank you,’’ some of the messages sent to subscribers read.
Mr Haruna Mohammed, one of the subscribers, observed that MTN had not made provision for the physically challenged, pregnant women and others in spite of their numerous messages sent out before the take off of the exercise.
“They should prepare well for the exercise. They should not expect people to spend the whole day waiting for registration,’’ another subscriber, Ibrahim Garba said.
The Tide reports that MTN started another round of SIM cards registration in the country following a fine imposed on it by the Nigerian Communications Commission (NCC) for having 1.5 million unregistered SIMs in its network.
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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