Business
Internet Union Lifts Ban On Suspended Registrar
The Nigeria Internet Registration Association (NIRA) says it has lifted the ban on the suspended dotng (.ng) registrar – DomainKing.ng.
The Chief Operating Officer, NIRA, Mrs Edith Udeagu said in a statement on Wednesday in Lagos that the .ng Country Code Top Level Domain (ccTLD) registrar was suspended for refusing to render required services to registrants.
Udeagu said that the suspension was lifted because the registrar had responded to NIRA within the allowed grace period.
She said that on March 24, an official representative of Hannu Internet, Corp PVT LTD, the manager of DomainKing.ng, informed the .ng Registry that since March 20, the organisation had re-opened its support channels.
According to her, the official says the registrar has started resolving clients’ queries and preparations for full operations as a .ng accredited registrar.
“The officer also reported how they are cooperating with their clients to provide them with support and other services beyond registering .ng domain names.
“The NIRA board has evaluated and assessed the situation of Domainking.ng.
“Hannu Internet Corp PVT Ltd. has responded to the .ng Registry within the allowed grace period with an outline on its dealings with its clients and its eagerness to return to full operations.
“As from Monday, March 27, 2017, NIRA has lifted the temporary suspension of Hannu Internet Corp PVT Ltd.,” she said.
Udeagu however said that the registrar would not be able to register new domains for another two weeks as the .ng registry continued to monitor its activities and the way it resolved pending customer issues.
She said that during the period that Domainking.ng was not available to attend to its .ng clients, those clients who requested for the transfer and renewal of their .ng domain names were able to do so.
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.
