NIN-SIM-BVN Cut-Off Series Snapshot
Exclusion has face and it is female
This Women’s Month, we’re shedding light on the gender gap in financial inclusion and the gendered effects of poverty that make women more likely to be financially excluded than their male counterparts. According to The 2023 Access to Finance survey, 29% of Nigerians lack NINs, with marginalised groups, including women in rural areas, bearing the […]
The BVN/NIN cut-off series
Limited enrolment centres and travel distances make it difficult for willing but marginalized Nigerians to link their NIN/BVN to their accounts before the March/April deadline. Our recent data snapshot, “NIN/BVN Bank Account Cut-Off Impact Snapshot,” highlights this issue and its impact on unserved and underserved communities. It points out that geo-mapping restrictions, such as the […]
Formal exclusion threat to the most vulnerable Nigerians: The NIN-BVN Tier-1 KYC lens
What we know: 29% of adult Nigerians do not have a NIN (National Identity Number) and 51% do not have a Bank Verification Number (BVN) . More than half of those without NIN or BVN fall in the poor to poorest bracket living predominantly in the North. On Episode 14 of Inclusion for all radio, […]
Formal exclusion threat to the most vulnerable Nigerians: The NIN-SIM ban lens
What we know: 47.7% of unbanked Nigerians, predominantly marginalised groups do not have a National Identity Number (NIN), which is now one of the key requirements for opening even a tier-1 (easy access) bank account. On Episode 13 of Inclusion for all radio, Chinasa Collins-Ogbuo – podcast host and the Inclusion for all Advocacy Lead […]
NIN/SIM Mobile Line Disconnection Impact
Link between Poverty and NIN Ownership Snapshot
Utilizing Data To Accelerate Financial And Economic Inclusion In Nigeria
What we know: Formal inclusion has increased from 56% to 64%, and this is something to celebrate, however, expanding formal access to 64% is only the beginning. We need the ecosystem to do more to give the last mile access, and we need to focus on deepening inclusion for those with access – Savings, pensions […]
USSD cut-off saga – An Inclusion For All documentary
In May, Nigerian telcos approved the suspension of USSD service access from Nigerian banks due to the banks’ accumulated debt of N210 billion (USD 261.36 million) in USSD fees. This decision might seem like just another business move, but it could have significant consequences for financial inclusion. In a country where 38% of the population […]
Imagine a Nigeria where all adult NIN holders are banked
The progress recorded by NIMC for NIN (National Identity Number) enrolment in the past two years makes one wonder what it could mean for financial inclusion targets. Imagine a situation where an individual is automatically signed up for a mobile wallet or bank account at the point of NIN enrolment; that would easily translate to […]
