The National Identity Management Commission (NIMC) has flagged five websites for allegedly collecting Nigerians’ personal data without authorization. These websites include idfinder.com.ng, Verify.Ng/sign in, championtech.com.ng, trustyonline.com, and anyverify.com.
NIMC’s spokesperson, Kayode Adegoke, issued a warning to the public, advising them to avoid these sites as they may be scams intended to collect personal information without consent. This action follows a report by the Paradigm Initiative, which highlighted concerns about some websites selling personal data, such as National Identification Numbers (NIN), Bank Verification Numbers (BVN), and International Passports, for as low as ₦100. The Paradigm Initiative warned that such unauthorized data sales could lead to identity theft, financial fraud, and other severe risks, potentially endangering individuals and compromising national security.
In response to these concerns, NIMC reassured the public that their sensitive data is secure and has not been compromised. The commission emphasized that only authorized partners are allowed to verify NINs and cautioned against using unauthorized websites. NIMC is working closely with security agencies to identify and prosecute fraudulent vendors, urging citizens to remain vigilant and trust in NIMC’s security measures.
In a positive development for the Nigerian fintech sector, the Central Bank of Nigeria (CBN) has fully reinstated the license of Eyowo, a leading fintech company. This reinstatement allows Eyowo to resume offering its range of products, including digital banking, payment solutions, and financial management tools tailored for both individuals and businesses.
Eyowo had previously faced significant challenges in 2023, including rumors of potential shutdowns. However, the company clarified its strategy, emphasizing a shift towards becoming a financial technology platform focused on “financial connectedness and intelligence.” In March, Eyowo’s Microfinance license was provisionally restored by the CBN after the company met the necessary regulatory requirements. To enhance safety, fraud prevention, and regulatory compliance, Eyowo partnered with ProvidusBank, ensuring continued customer access to funds.
CEO Yomi Adedeji acknowledged the difficulties encountered with regulatory processes but assured stakeholders that these challenges are nearing resolution. He urged patience regarding account reactivation timelines and highlighted the company’s commitment to addressing past issues and strengthening its market position. Stakeholders, including customers and investors, eagerly await further updates on Eyowo’s strategic roadmap.
