Opeyemi Quadri 
Data from the National Identity Management Commission or NIMC shows that 102,390,967 Nigerians now have a National Identification Number or NIN as of August 28, 2023. For the first time since the national identity registration commenced, it crossed over 100 million – 100,021,186 – in May 2023. The NIN is a means of identification introduced by Nigeria’s … Read more
Meaning of National Identification Number A National Identification Number is a means governments around the world use to track their citizens, permanent residents, and temporary residents for the purposes of security, health care, taxation, government benefits, and other tracking-related functions to simplify government works and functions. Understanding National Identification Number by country Countries around the world call their National Identification Number (NIN) by different … Read more
NIN biometric machine costs between NGN325,000 to NGN750,000, depending on the maker and the brand, we’ll tell you one of the most popular devices used for enrolment. What is NIN biometric scanner? NIN biometric scanner is a device that is used for taking to establish someone’s identity such as fingerprint, recording facial features and other … Read more
What is NIN in Nigeria? NIN means National Identification Number which is a unique set of numbers assigned to an individual who must be a Nigerian upon successful enrollment with their demographic data and biometric information such as ten fingerprints and digital signature. NIN Verification: Your NIN data goes directly to the Nigeria’s National Identity Database, … Read more
There are nine deregistered stockbrokers in Nigeria according to the Security and Exchange Commission. When a stockbroker is deregistered, investors have to steer clear of doing any form of business with them. What is a deregistered stockbroker? A deregistered stockbroker is a company that is prohibited from buying and selling stocks and other securities for clients … Read more
Who is the Minister of Marine and Blue Economy in Nigeria? Alhaji Gboyega Oyetola – the former Governor of Osun State – is the pioneer and incumbent Minister of Marine and Blue Economy. He took the oath of office on Monday, August 21, 2023, alongside 41 other cabinet members. Blue Economy in Nigeria Context: In … Read more
Insufficient inflow, the gradual collapse of the production sector, especially agriculture, and the flamboyant political structure are some of the reasons the Nigerian currency is falling and may continue to do so if the government fails to address the core issues. What is the actual value of Naira? For an investor or anyone who wants … Read more
What is Blue Economy? Blue economy is the sustainable use of resources in the ocean for human benefit such as food production and for the economic development of a country such as job creation while at the same time preserving the health of the ocean ecosystem. Takeaways: Understanding Blue Economy For the record, Almighty God … Read more
There are 35 Federal Ministries in Nigeria as of August 20, 2023, showing an addition of 9 to the existing ones by President Bola Tinubu. There were 26 federal ministries during the regime of ex-President Muhammadu Buhari. Understanding How Federal Ministries in Nigeria Work The Federal Ministries in Nigeria are civil service departments that are saddled with the … Read more
What is Cash Crunch? A cash crunch in the context of business is a state of financial strain where a business or company faces a shortage of available cash or liquid assets, which can hinder its ability to meet its operational needs and financial obligations. Factors such as declining sales, mismanagement of cash flows, misappropriation of … Read more