NIMC Lists Importance of National Identification Number

Image

By Modupe Gbadeyanka

The National Identity Management Commission (NIMC) has highlighted some benefits of the National identification Number (NIM), urging Nigerians to register to obtain the number.

In a post yesterday, the agency said obtaining the NIM come with different profits, including being able to easily get the international passport, driver’s licence, amongst other.

NIMC said the National Identification Number is a unique, biometrically linked 11 digit number assigned to an individual upon successful enrolment. It said the NIN is also a valid means of identification which can be verified on its verification portal.

Commenting on why the National Identification Number is important, the agency said it is useful;

  • For processing your travel documents (international passport application & acquisition)

  • For opening personal bank accounts

  • To obtain driver’s license

  • To participate in the National Health Insurance Scheme

  • For payment of taxes

  • To engage in transactions related to your contributory pension scheme

  • To gain access to welfare and other relevant services from the Government

  • For transactions with social security implications

  • For land transactions subject to the Land Use Act

  • To register for provision and use of hospitality services and lots more.

  • To access all other government and private sector services

“However, given the penal consequences and restrictive effects of not obtaining a NIN, it is advisable that eligible individuals obtain their NINs as quickly as possible,” the agency said.

Share
Related Stories
Image
23-February-2024

Group Mourns OAU’s Veterinary Technologist Olabode Olawuyi

By Modupe Gbadeyanka The Nigeria Biodiversity Conservation Alliance (NBCA) has expressed sadness over the death of the Veterinary Technologist of the Obafemi Awolowo University, Ile-Ife, Osun State, Mr Olabode Olawuyi, a few days ago. Mr Olawuyi was fatally mauled by a lion at the Zoological Garden of the institution. In a statement signed by the National President of the Nigerian Association of Zoological Gardens and Wildlife Parks (NAZAP), Mr Dipo Bali, the group said the deceased was a man who was dedicated to his job and the organisations he belonged to in his lifetime. Mr Olawuyi, apart from being a

Image
29-February-2024

Silence Laboratories Raises $4.1m for Privacy-Preserving Computing

By Adedapo Adesanya Silence Laboratories has announced securing $4.1 million in funding to enable privacy-preserving collaborative computing led by Pi Ventures and Anurag Arjun, along with several prominent angel investors. In a statement shared with Business Post, the company said with the market for privacy-enhancing technologies (PETs) growing globally at a compound annual growth rate of 26.6 per cent, there is growing demand. In recognition of this, Silence Laboratories is offering to provide mathematical guarantees for techno-legal expectations as part of a mission to create infrastructure to enable complex data collaborations between enterprises and entities, without any sensitive information being

More Stories
Image
18-March-2020

Dangote Cement, 11 Others Dig 0.71% Grave for Stock Market

By Dipo Olowookere The stocks of Dangote Cement and 11 other companies abruptly ended the dreams of the local stock market closing in the green territory on Tuesday. At a point during the session, the Nigerian Stock Exchange (NSE) was up by over one percent, but the dumping of the cement company’s shares by investors crashed the market by 0.71 percent at the close of transactions. The losses printed by the 12 stocks reduced the All-Share Index (ASI) by 162.12 points to 22,543.07 points from 22,705.19 points and then depleted the market capitalisation by N84 billion to N11.748 trillion from

Image
10-August-2021

First Bank Endorses WACOT’s Rice Mill Expansion Project

By Ashemiriogwa Emmanuel A leading financial services solutions provider, First Bank of Nigeria Limited, has cemented its support towards the expansion of the WACOT Rice facility in Argungu, Kebbi State. This followed the preparation made by WACOT Limited, a subsidiary of Tropical General Investment (TGI) Group, in doubling the capacity of its 120,000-ton rice mill. On Friday, July 30, a team led by the Managing Director of First Bank, Mr Adesola Adeduntan, inspected the site of the factory and lauded the effort of WACOT’s in its performance and affirmed the bank’s support for the initiative. While commending the company’s household

Image
03-January-2017

FG Meets Stakeholders on Shutdown of Abuja Airport

By Modupe Gbadeyanka Minister of State for Aviation, Mr Hadi Sirika is to meet with Industry Stakeholders this week, in a round table to discuss the proposed temporary shutdown of flight operations at the Nnamdi Azikiwe International Airport, Abuja for six-weeks. The closure which is to take effect in February and March is for repairs on the runway at the airport. According to the Minister, the Forum would afford him the opportunity to officially inform the stakeholders of the decision, and also brief them on efforts being made to ensure that the use of the Kaduna International Airport as an

Image
02-June-2020

RCCG, Justice for Uwa, Adeboye, UNIBEN, Sexual Assault, Rape & Murder

By Nneka Okumazie The gruesome rape and violence that led to the death of Uwa, student of University of Benin, at a Redeemed Christian Church of God (RCCG) Parish is an elevated act of horrible evil. The agony of her last moments and the sorrows of her family are hard to imagine. Whatever made the act doable in the eyes of the perpetrators is a risk to everyone else. The authorities would have to vigorously pursue justice, pass state laws criminalizing all categories of sexual assaults and make it easy to press charges faster – as an act of their

Image
14-May-2018

Nestle Pays $7.15b to Market Starbucks Products

By Modupe Gbadeyanka A licensing deal worth $7.15 billion has been sealed between Nestle and Starbucks Corporation, allowing Nestle have the perpetual right to market Starbucks’ consumer and foodservice products globally outside of Starbucks coffee shops, which are not part of the transaction. “This transaction is a significant step for our coffee business, Nestlé’s largest high-growth category,” said Mr Mark Schneider, CEO, Nestlé. “With Starbucks, Nescafé and Nespresso we bring together three iconic brands in the world of coffee. “We are delighted to have Starbucks as our partner. Both companies have true passion for outstanding coffee and are proud to

Image
05-July-2021

NDPHC Seeks Support to Develop Small Hydro Plants

By Adedapo Adesanya The Niger Delta Power Holding Company (NDPHC) is seeking the assistance of the Ministry of Water Resources to develop small and medium hydro projects in the country. The Managing Director/Chief Executive Officer of NDPHC, Mr Chiedu Ugbo, sought this support when he led the management team on a courtesy visit to the Ministry of Water Resources in Abuja. Mr Ugbo explained during the visit that the company was looking at setting up small hydro plants on existing dams in the country, especially those in the northern part of the country. He said: “We are here to pay

Image
14-August-2018

NBET Confirms Receipt of $417.5m from NSIA

By Modupe Gbadeyanka The sum of $417.46 million has been paid to the Nigeria Bulk Energy Trading Company Plc (NBET) following the expiration of a four-year investment term. The payment was made by the Nigeria Sovereign Investment Authority (NSIA) in three tranches; $8 million in May 2016, $5.5 million in August 2016 and $403.96 million in July 2018. Confirming this last Thursday in a statement was the Managing director of NBET, Dr Marilyn Amobi, who was quoted as saying that, “NBET is pleased with the management of the fund over the last four years. “NSIA as a competent fund manager

Image
11-June-2023

NDLEA Uncovers Meth Production Lab In Ikeja Lagos

By Adedapo Adesanya The National Drug Law Enforcement Agency (NDLEA) has uncovered a secret laboratory producing Methamphetamine in a residential community located in Ikeja, Lagos State. The agency disclosed that already packaged sachets of the drug and various precursor chemicals used in the production were recovered by its personnel. The clandestine laboratory located at No. 4 Bode Oluwo Street, Mende, Maryland, Ikeja, was stormed by anti-narcotics officers of the agency on Tuesday, June 6, after credible intelligence and surveillance confirmed the illicit substance was being produced in the duplex building. According to a statement signed by NDLEA spokesman, Mr Femi

Ad
Ad
Recent Stories
Image
02-March-2024

Endosurvivors Foundation Set For Another Endometriosis Awareness

By Adedapo Adesanya EndoSurvivors International Foundation (ESIF), an NGO championing endometriosis awareness in Nigeria, has announced its upcoming events in commemoration of the Global Endometriosis Advocacy Month in March, fondly tagged March4Endo by advocates all over the world.  Endometriosis is a chronic and inflammatory condition that affects approximately 1 in 10 girls and women in Nigeria and on a global scale. This sums up to about 190 million affected girls/women around the world, about the population of Nigeria in 2018.  The World Health Organisation (WHO) recognizes that endometriosis has significant social, public health, and economic implications leading to a decrease

Image
02-March-2024

CSCS, FrieslandCampina Lift NASD OTC Bourse by 0.31%

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange returned to the positive territory after it gained 0.31 per cent on Friday, March 1, thanks to the duo of Central Securities Clearing System (CSCS) Plc and FrieslandCampina Wamco Nigeria Plc. CSCS Plc added 81 Kobo to its value to sell for N19.46 per unit compared with the preceding day’s N18.65 per unit, and FrieslandCampina improved by N1.15 to settle at N71.4o per share, in contrast to Thursday’s closing price of N70.25 per share. However, Aradel Holdings Plc continued its price depreciation yesterday as it shed N6.75 to sell at N2,395.00

Image
02-March-2024

Naira Now N1,548.25 at Official Market, N1,560/$1 at Black Market

By Adedapo Adesanya The Naira sustained its gradual recovery against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, March 1, appreciating by 2.94 per cent or N46.86 to sell at N1,548.25/$1, in contrast to the N1,595.11/$1 it was traded on Thursday. Also, in the spot market, the Nigerian currency improved its value against the Pound Sterling during the trading day by N90.13 to close at N1,956.06/£1 versus the previous day’s N2,046.19/£1 and against the Euro, it gained N76.39 to trade at N1,675.25/€1, in contrast to the N1,751.64/€1 it closed a day earlier. The supply of

Image
02-March-2024

Crude Oil Jumps 2% as Traders Sight Possible OPEC+ Cuts

By Adedapo Adesanya Crude oil appreciated by about 2 per cent on Friday as traders awaited a decision from the Organisation of the Petroleum Exporting Countries and allies (OPEC+) on supply agreements for the second quarter. Yesterday, the price of Brent futures went up by $1.64 or 2 per cent to $83.55 per barrel and the US West Texas Intermediate (WTI) futures rose by $1.71 or 2.19 per cent to $79.97 a barrel. For the week, Brent added around 2.4 per cent while WTI gained more than 4.5 per cent. Analysts noted that the expectation that OPEC+ is going to

Image
02-March-2024

NGX Indices Nosedive by 1.23% as Traders Resume Profit-Taking

By Dipo Olowookere The bears made a quick return to the Nigerian Exchange (NGX) Limited after leaving the stage for the bulls for a day as investors reassessed the impact of the hike in the benchmark interest rate by the Central Bank of Nigeria (CBN) on Tuesday on their investments. On Friday, the key performance indicators of the bourse closed lower by 1.23 per cent as a result of renewed selling pressure, especially in the energy and industrial goods sectors. Business Post reports that at the close of transactions on the first trading session of March 2024, the industrial goods

Image
01-March-2024

CBN Revokes Operational Licences of 4,173 BDC Operators [FULL LIST]

By Aduragbemi Omiyale The operational licences of 4,173 Bureaux De Change (BDC) operators have been revoked by the Central Bank of Nigeria (CBN). A statement signed by the acting Director of the Corporate Communications Department of the apex bank, Mrs Hakama Sidi Ali, on Friday disclosed that the action was taken because the affected BDCs did not adhere to regulatory provisions. The central bank said the BDCs did not pay all necessary fees, including licence renewal, within the stipulated period in line with guidelines. It also said they failed to give account of returns in line with the guidelines, and

Image
01-March-2024

BREAKING: Popular Yoruba Comic Actor Sisi Quadri Dies

By Modupe Gbadeyanka A popular Yoruba comic actor, Mr Tolani Quadri Oyebamiji, otherwise known as Sisi Quadri, has died, according to reports. However, the cause of his death is still unclear as of the time of filing this report. There are speculations that he briefly fell ill before his passing, though he was seen publicly some months ago with a fellow comic actor, Sanusi Izihaq, who is well-known as Apa or Apankufor. Sisi Quadri, who died at the age of 44, was recently gaining fresh public attention with his comic act with Apa and others. His demise has hit the

Image
01-March-2024

Transcorp Power to List Shares on Nigerian Exchange March 4

By Dipo Olowookere Another power generating company will join Geregu Power Plc on the Nigerian Exchange (NGX) Limited, Business Post has gathered. The new firm joining the nation’s flagship stock exchange is Transcorp Power Plc, a company owned by businessman and Chairman of UBA Plc, Mr Tony Elumelu. Information reaching this newspaper is that Transcorp Power is listing its shares on the NGX by introduction on Monday, March 4, 2024. The organisation is taking to the stock market about 7,500,000,000 units of its equities at N240.00 each, increasing the total value of the local equity market by N1.8 trillion. Its

Image
01-March-2024

Risevest Suspends Crypto Payment as Clampdown Intensifies

By Adedapo Adesanya Foreign stocks trading and investment firm, Risevest, has voluntarily announced a temporary suspension of cryptocurrency assets in Nigeria until the current wave of clampdown on operations settles. In a notice sent to customers on Friday and seen by Business Post, the platform said users won’t be able to fund their wallets using cryptocurrency as it allowed. The company revealed that it noticed that there has been an uptick in funding and possible gaming of the system, and warned against this. “We’re temporarily suspending crypto funding on Rise for users in Nigeria, pending clarity on the regulatory landscape.

Image
01-March-2024

Foreign Capital Into Nigeria’s Energy Industry Plunges 42.8% to $3.64bn in 2023

By Adedapo Adesanya Foreign capital inflows, which gauges the level of foreign investment into the country, through the Nigerian oil and gas industry in 2023 dropped by 42.8 per cent to $3.64 million from the $6.37 million recorded in 2022. This is contained in the latest data obtained from the Nigeria capital importation report for the fourth quarter of 2023 released recently by the National Bureau of Statistics (NBS). The NBS revealed that total foreign capital inflow into the oil and gas sector in 2023 accounted for 0.09 per cent of total foreign capital inflow into the Nigerian economy in