Why Nigerians Must Pay For New National ID Card – NIMC

Why Nigerians Must Pay for New National ID Card – NIMC

The National Identity Management Commission (NIMC) has announced that Nigerians will need to pay for the new multipurpose national identity card, citing limited government revenue and the need to ensure production for only those who truly require it. EKO HOT BLOG reports that Speaking at a two-day roundtable for journalists in Lagos, Dr. Peter Iwegbu, Head … Read more

CBN Guidelines To Scrutinize Accounts Of Nigerian Senators, Reps, Others

National Assembly Resumption

The CBN has released guidelines for banks to scrutinize Nigerian senators and politicians’ accounts. The guidelines require enhanced due diligence, identity verification, and transaction monitoring for suspicious activity. Politicians’ accounts will face closer scrutiny, increased investigation likelihood, and potential withdrawal restrictions. EKO HOT BLOG reports that the Central Bank of Nigeria (CBN) has released new … Read more