Lagos, Nigeria  •  Real-time financial news Newsletter Advertise
NGX ASI 158.4tn ▲ 0.10% USD/NGN ₦1,329.00 ▼ 0.02% Bonny Light $115.40 ▲ 2.35% Inflation (Aug) 15.39% ▼ 0.04pt NGX Banking Idx +67.96% YTD ▲ 0.86% Fx Reserves $54.0bn ▲ T-Bills Demand firm ▲ NGX ASI 158.4tn ▲ 0.10% USD/NGN ₦1,329.00 ▼ 0.02% Bonny Light $115.40 ▲ 2.35% Inflation (Aug) 15.39% ▼ 0.04pt NGX Banking Idx +67.96% YTD ▲ 0.86% Fx Reserves $54.0bn ▲ T-Bills Demand firm ▲
Lagos • WAT

Nigeria To Replace Identity-Slips With Digital Tokens

0 342

The Nigerian Government has announced that it would replace its National Identification Number (NIN) with a suite of digital Tokens.

This was disclosed by the Minister of Communications and Digital Economy, Isa Pantami at the stakeholders’ workshop

on the National Identification Number (NIN) Tokenization Solution organised by the National Identity Management Commission (NIMC) in Abuja.

FG says the strategy was implemented to ensure privacy protection of individuals during verification transactions and to reduce redundancies during retrieval, usage, transfer, and storage of NIN.

– Nairametrics

Leave A Reply

Your email address will not be published.