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ANMFIN Targets Stronger Financial Activities with NIMC Collaboration

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(L-r): Godbless Safugha, executive secretary, Association of Non-Bank Micro Finance Institutions of Nigeria (ANMFIN), and Bar. Chris Onyemenam,  director general, National Identity Management Commission (NIMC) in a warm handshake shortly after signing the Memorandum of Understanding (MOU) on the enrolment of 6 million ANMFIN members into the National Identity Database (NIBD) at the NIMC HQ, Abuja… recently.
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With a centralized data base in Nigeria, it is easy to plan, execute and maintain projects aimed at improving the standard of living of Nigerians and the overall development of Nigeria, according to the Association of Non-Bank micro Finance Institutions of Nigeria (ANMFIN).

Actually, and for meaningful development in any country to be effective, a reliable and assured database is imperative.

It is against this back ANMFIN has moved to collaborate with the issuing authority for identity, the National Identity Management Commission (NIMC) on the enrolment of its members into the National Identity Database (NIDB).

Speaking at the Memorandum of Understanding (MoU) signing ceremony which held at the NIMC headquarters in Abuja recently, Mr. Godbless Safugha, executive secretary (ANMFIN), thanked the Commission for stretching the hands of collaboration and support towards its organization, adding that NIMC’s role in driving financial inclusion at the grass root through the provision of reliable data cannot be over emphasized.

He said: “For us at ANMFIN, we see the National Identity Management System (NIMS)project as an antidote for identity crisis management in Nigeria which willimprove financial services, social safety net programs, healthcare services, etc. So we chose to partner this platform for the clear transformationit will bring to the Nigerian people.”

He further stressed the relevance of the grassroots to the success of financial inclusion in Nigeria. “…today, Central Bank is preaching Financial Inclusion and to successfully achieve this goal, we must be able to reach the common man at the grassroots. If those people at the grass root are not identified, it becomes difficult to make any progress.”

“…But with NIMC coming on board, I am optimistic that we will achieve financial inclusion in a very short time because we can quickly identify those at the grassroots,” he added.

Speaking at the meeting, Barrister Chris Onyemenam, director general, National Identity Management Commission, NIMC, assured ANMFIN of NIMC’s support.

“We will do our utmost best to give you that support. I think you are closer to the bankers at the grass root. Am sure we can catch the rural bankers speedily through this collaboration,” he said.

The NIMC boss reiterated the commission’s commitment to identifying Nigerians to boost economic development. “God willing, we will continue to support efforts to uniquely identify Nigerians in a bid to fast track the prospects in the NIMS project in terms of economic development.”

The Commission, as established by Act No. 23 of 2007, has the mandate to foster the orderly development of an identity sector, register persons covered by the Act, assign a Unique National Identification Number (NIN) and issue General Multi-Purpose Cards (GMPC) to those registered individuals, and harmonize and integrate existing identification databases in Nigeria for verification and authentication purposes.

 

 


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E-Business

Transcorp Hotels Delivers Stellar H1 Results, Declares Over ₦1Bn Dividend

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Transcorp Hotels Plc has delivered a stellar performance in the first half of 2025, recording a 60% year-on-year surge in revenue to ₦47.57 billion, up from ₦29.72 billion in H1 2024. Gross profit climbed 71% to ₦36.21 billion, maintaining a strong 76% margin despite inflation and operational headwinds.

The hospitality giant, a subsidiary of Transnational Corporation Plc, also announced an interim dividend payout of ₦1.024 billion — offering ₦0.10 per 50 kobo ordinary share to shareholders.

In a bold move, the company unveiled Nigeria’s largest corporate venue — the 5,000-seat Transcorp Centre — staking its claim as the new leader in event hospitality. Chairman Emmanuel Nnorom described the results as proof of Transcorp Hotels’ transformative strategies and unwavering investor commitment. MD/CEO Uzo Oshogwe attributed the success to relentless execution and a resilient business model.

Transcorp Hotels, renowned for iconic assets like Transcorp Hilton Abuja and its digital platform Aura, says it isn’t just leading Nigeria’s hospitality sector — it’s redefining excellence across Africa.


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Microsoft Servers Hacked by Chinese Groups

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Chinese “threat actors” have hacked Microsoft’s SharePoint document software servers and targeted the data of the businesses using it, the firm has said.

Microsoft Servers Hacked by Chinese Groups

 

China state-backed Linen Typhoon and Violet Typhoon as well as China-based Storm-2603 were said to have “exploited vulnerabilities” in on-premises SharePoint servers, the kind used by firms, but not in its cloud-based service.

The US tech giant has released security updates in response and has advised all on-premises SharePoint server customers to install them.

“Investigations into other actors also using these exploits are still ongoing,” Microsoft said in a statement.

The firm said it had “high confidence” the hackers would continue to target systems which have not installed its security updates.

It added that it would update its website blog with more information as its investigation continues.

Microsoft said it had observed attacks in which hackers had sent a request to a SharePoint server “enabling the theft of the key material by threat actors”.

Charles Carmakal, chief technology officer at Mandiant Consulting firm, a division of Google Cloud, told reporter, it was “aware of several victims in several different sectors across a number of global geographies”.

Carmakal said it appeared that governments and businesses that use SharePoint on their sites were the primary target.

A number of adversaries who stole material encoded by cryptography were then able to regain ongoing access to the victims’ SharePoint data, he said.

“This was exploited in a very broad way, very opportunistically before a patch was made available. That’s why this is significant,” Carmakal said.

Carmakal said the “China-nexus actor” was deploying techniques similar to previous campaigns associated with Beijing.

Microsoft said Linen Typhoon had “focused on stealing intellectual property, primarily targeting organizations related to government, defence, strategic planning, and human rights” for 13 years.

It added that Violet Typhoon had been “dedicated to espionage”, primarily targeting former government and military staff, non-governmental organizations, think tanks, higher education, the media, the financial sector and the health sector in the US, Europe, and East Asia.

Meanwhile, Storm-2603 was “assessed with medium confidence to be a China-based threat actor”.

 

 

 


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NIMC Warns Nigerians of Fake NIN Website

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National Identity Management Commission (NIMC) has issued a public warning that it is not associated with NINcard.com.

NIMC Warns Nigerians of Fake NIN Website

According to the commission, the website has been circulating online to offer services for Nigerians seeking National Identification Number (NIN) services.

NIMC, in a post on its official X account on Wednesday, said, “NINcard.com is not in anyway affiliated to NIMC. Stay vigilant!”

The warning was accompanied by screenshots of fake payment receipts and OTP request pages from the website, both of which were boldly stamped “FAKE” by NIMC to alert the public.


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