Business
Nigeria’s identity database not hacked, says NIMC
The National Identity Management Commission (NIMC) says the country’s identity database has not been breached by hackers.
It was reported on Monday that Nigeria’s identity database had been hit by cyberattack.
But NIMC in a statement on Tuesday said its servers were not breached but fully optimised and running at the highest international security levels as the custodian of the most important national database for Nigeria.
The Director-General of NIMC, Aliyu Aziz, was quoted by the statement as saying that the commission, as the custodian of the foundational identity database for Africa’s most populous nation, had gone to great lengths to ensure the nation’s database was adequately secured and protected especially given the spate of cyber-attacks on networks across the world.
“Over the years, through painstaking efforts, NIMC has built a robust and credible system for Nigeria’s identity database. The commission and its infrastructure are certified to the ISO 27001:2013 Information Security Management System Standard which are revalidated annually”, Aziz was quoted by the statement signed by NIMC’s Head of Corporate Communications, Kayode Adegoke.
The statement said NIMC had ensured maximum security of its systems and database because of the critical nature of the identity data which the commission collects, manages and maintains as critical assets for the country.
The commission assured the public that it would continue to uphold the highest ethical standards in data security on behalf of the Federal Government and ensure compliance with data protection and privacy regulations.
The NIMC Director-General stated that the commission neither used nor stored information on the AWS cloud platform or any public cloud despite the usefulness of the NIMC Mobile App available to the public for accessing their NIN on the go.
According to the DG, the NIMC MobileID application has no database within the app, nor does it store information in flat files, adding that the commission has made this app available to the public to reduce and eliminate any delay or challenge(s) in accessing one’s NIN.
He said, “The public should be aware that the possession of a NIN slip does not amount to access to the National Identity Database, but that the NIN slip is just a physical assertion of a person’s identity. Under the data protection regulations, no licensed partner/vendor is authorized to scan and store copies of individuals NIN slips but rather authenticate the NIN using the approved and authorized verification platforms/channels provided.
“As part of its policies to protect personally identifiable information stored in the National Identity Database, the public may recall that the Ministry of Communications and Digital Economy through NIMC launched the Tokenization features of the NIN verification service. This solution is to safeguard the personal data of individuals and ensure continuous user rights and privacy. ”
The commission commended the efforts of several Federal Government agencies such as Joint Admissions and Matriculations Board (JAMB), the Federal Road Safety Corps (FRSC), Nigeria Immigration Services, Pension Commission (PenCom), the Nigeria Police Force, the Nigeria Correctional Service, the Nigeria Customs, and a host of others, that had streamlined their services in line with the use of National Identification Number (NIN) as the valid means of identification.
Railway
Lagos Rail Mass Transit part of FG free train ride – NRC
Lagos Rail Mass Transit part of FG free train ride – NRC
The Nigerian Railway Corporation (NRC) has disclosed that the Lagos Rail Mass Transit (LRMT) trains are included in the Federal Government’s free train ride initiative for the Christmas and New Year celebrations.
The LRMT, which currently includes the Phase 1 Blue Line Rail and the Phase 1 of the Red Line Rail, operates under the Lagos Metropolitan Area Transport Authority (LAMATA).
This announcement was made by Ben Iloanusi, the Acting Managing Director of the NRC, during an interview on NTA News TV on Friday, following the launch of the initiative earlier that day.
While Iloanusi stated that Phase 1 of both the Blue Line and Red Line Rail projects are part of the program, LAMATA has yet to confirm this inclusion.
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Iloanusi outlined the other routes benefiting from the scheme, which include the Lagos-Ibadan Train Service, Kaduna-Abuja Train Service, Warri-Itakpe Train Service, Port Harcourt-Aba Train Service, and the Bola Ahmed Tinubu Mass Transit in Lagos. Notably, little was previously known about the Bola Ahmed Tinubu Mass Transit service until this disclosure.
“Let me mention the routes where this free train service is happening. We have the Lagos-Ibadan Train Service, we have the Kaduna-Abuja Train Service, we have the Warri-Itakpe Train Service, we have the Lagos Rail Mass Transit trains, we have the Port Harcourt-Aba Train Service, and we have what we call the Bola Ahmed Tinubu Mass Transit, which is also in Lagos,” he stated.
Iloanusi provided operational updates, stating that passengers nationwide can access free tickets online or, for those unable to do so, at train stations where they will be profiled and validated.
He noted that passengers using NRC-managed services (excluding the Lagos Rail Mass Transit) should reserve tickets via the official website, www.nrc.gov.ng, with a valid ID required. He also advised travelers to plan, arrive on time, and bring valid identification.
Lagos Rail Mass Transit part of FG free train ride – NRC
Business
NNPC denies claim of Port Harcourt refinery shutdown
NNPC denies claim of Port Harcourt refinery shutdown
The Nigerian National Petroleum Company Limited (NNPCL) has denied claims in media reports that the newly refurbished Port Harcourt refinery has shut down.
The national oil company denied the claim in a press release issued by its Chief Corporate Communications Officer, Olufemi Soneye, on Saturday.
Soneye said the claim was false and urged Nigerians to disregard it. He stressed that the Port-Harcourt Refinery is fully operational.
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The statement read, “The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd.) has been drawn to reports in a section of the media alleging that the Old Port Harcourt Refinery which was re-streamed two months ago has been shut down.
“We wish to clarify that such reports are totally false as the refinery is fully operational as verified a few days ago by former Group Managing Directors of NNPC.”
He noted that preparation for the day’s loading operation is currently ongoing, and added that claims of the shutdown are “figments of the imagination of those who want to create artificial scarcity and rip-off Nigerians.”
NNPC denies claim of Port Harcourt refinery shutdown
Business
CBN permits BDCs to buy up to $25,000 FX weekly from NFEM
CBN permits BDCs to buy up to $25,000 FX weekly from NFEM
The Central Bank of Nigeria (CBN) has granted Bureau de Change (BDC) operators temporary permission to purchase up to $25,000 weekly in foreign exchange (FX) from the Nigerian Foreign Exchange Market (NFEM).
The Central Bank of Nigeria (CBN) has granted Bureau de Change (BDC) operators temporary permission to purchase up to $25,000 weekly in foreign exchange (FX) from the Nigerian Foreign Exchange Market (NFEM).
This move, detailed in a circular dated December 19, 2024, is designed to meet seasonal retail demand for FX during the holiday period.
The circular was signed by T.G. Allu, on behalf of the Acting Director of the Trade and Exchange Department.
The arrangement will be in effect from December 19, 2024, to January 30, 2025.
Under the directive, BDCs may purchase FX from a single Authorized Dealer of their choice, provided they fully fund their accounts before accessing the market.
Transactions to occur at the prevailing NFEM rate
The transactions will occur at the prevailing NFEM rate, and BDCs are required to adhere to a maximum 1% spread when pricing FX for retail end-users.
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All transactions conducted under this scheme must be reported to the CBN’s Trade and Exchange Department.
The circular read in part:
“In order to meet expected seasonal demand for foreign exchange, the CBN is allowing a temporary access for all existing BDCs to the NFEM for the purchase of FX from Authorised Dealers, subject to a weekly cap of USD 25,000.00 (Twenty-five thousand dollars only).
This window will be open between December 19, 2024 to January 30, 2025.
“BDC operators can purchase FX under this arrangement from only one Authorized Dealer of their choice and will be required to fully fund their account before accessing the market at the prevailing NFEM rate. All transactions with BDCs should be reported to the Trade and Exchange department, and a maximum spread of 1% is allowed on the pricing offered by BDCs to retail end-users.”
The CBN assured the general public that PTA (Personal Travel Allowance) and BTA (Business Travel Allowance) remain available through banks for legitimate travel and business needs.”
These transactions are to be conducted at “market-determined exchange rates” within the NFEM framework.
This initiative reflects the CBN’s strategy to stabilize the FX market and manage seasonal surges in demand.
CBN permits BDCs to buy up to $25,000 FX weekly from NFEM
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