The Nigerian government has announced that starting from 2022 all citizens will be required to link their National Identification Number (NIN) to their borrowing history in order to access loans from financial institutions. This decision is aimed at improving the countrys credit system and reducing the high rate of non-performing loans. The NIN is a unique identification number that is linked to an individuals biometric data and personal information. This move is expected to promote financial inclusion and increase transparency in the lending process. However some citizens have expressed concerns about the security and privacy of their personal information.
The Nigerian government has announced that starting from 2022 all citizens will be required to link their National Identification Number (NIN) to their borrowing history in order to access loans from financial institutions.
This decision is aimed at improving the countrys credit system and reducing the high rate of non-performing loans.
The NIN is a unique identification number that is linked to an individuals biometric data and personal information.
This move is expected to promote financial inclusion and increase transparency in the lending process.
However some citizens have expressed concerns about the security and privacy of their personal information.
Veteran Afrobeats superstar Dbanj has broken his silence on the messy family war rocking the iconic P-Square brothers — Peter and Paul Okoye and their elder brother/former manager Jude
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The Nigerian government has announced that starting from 2022 all citizens will be required to link their National Identification Number (NIN) to their borrowing history in order to access loans from financial institutions. This decision is aimed at improving the countrys credit system and reducing the high rate of non-performing loans. The NIN is a unique identification number that is linked to an individuals biometric data and personal information. This move is expected to promote financial inclusion and increase transparency in the lending process. However some citizens have expressed concerns about the security and privacy of their personal information.
The Nigerian government has announced that starting from 2022 all citizens will be required to link their National Identification Number (NIN) to their borrowing history in order to access loans from financial institutions.
This decision is aimed at improving the countrys credit system and reducing the high rate of non-performing loans.
The NIN is a unique identification number that is linked to an individuals biometric data and personal information.
This move is expected to promote financial inclusion and increase transparency in the lending process.
However some citizens have expressed concerns about the security and privacy of their personal information.
Veteran Afrobeats superstar Dbanj has broken his silence on the messy family war rocking the iconic P-Square brothers — Peter and Paul Okoye and their elder brother/former manager Jude
Veteran Afrobeats superstar Dbanj has broken his silence on the messy family war rocking the iconic P-Square brothers — Peter and Paul Okoye and their elder brother/former manager Jude.
Independent.ng - Nigeria News - Top Nigerian newspapers - Breaking news - Top news headlines from Nigeria and World.
Independent.
ng - Nigeria News - Top Nigerian newspapers - Breaking news - Top news headlines from Nigeria and World.
Federal Government to establish 7,000 digital hospitals in rural communities — Dr. Bosun Tijani
NAFDAC defends N700,000 charges on Onitsha traders, says fees backed by Federal Government