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Five Banks Race to Deploy Biometric ATMs

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Chukwuma Soludo, governor, CBN
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In an effort to stem the rising incidence of identity theft at Automated Teller Machines (ATMs) in the country, five technologically driven banks have concluded plans to deploy for the first time in the country’s financial sector, biometric ATMs, Nigeria CommunicationsWeek can reveal.

The banks include Access Bank, Zenith, Intercontinental, UBA and Diamond bank. Biometric ATM electronically recognizes people via distinctive anatomical and behavioral traits; it has the potential to overcome many of those problems associated with identity theft through identity cards and password.

Nigeria CommunicationsWeek gathered that although Smartswitch is pioneering the deployment of these biometric ATMs with its vascular recognizable switching platform, ValuCard and InterSwitch switching platforms are currently capable of supporting biometric ATMs. What they require to do is just to upgrade the technology to be able to read vascular traits.

The deployment of biometric ATMs, Nigeria CommunicationsWeek gathered from the banks, will not replace the existing Personal Identification Number (PIN) based ATMs currently in use.

This is to give physically challenged people the option of also using the machine as well as others who may wish to continue with the password generated ATMs.

Nigeria CommunicationsWeek’s investigations revealed that out of the three most popular traits in use today in the biometric technology, which comprise the fingerprint, the face and the iris, the banks have considered fingerprint only as it forms the basis of automated border-control systems in a number of countries.

Vascular recognition already has won wide acceptance in banking. More Japanese banks and credit unions have made hundreds of ATMs featuring vascular sensors available for everyday use.

In the vascular recognition systems developed by Fujitsu and TechSphere, after inserting a banking card in a cash machine, the user is prompted to hold a hand near an infrared light source.

The light source is paired with a charge-couple device similar to the one used in standard digital photography. As the near-infrared light passes through the body tissue, it is reflected by the hemoglobin in the blood.

This reflected light picked up by the Charged Coupled Device (CCD) reveals an image of the blood vessels. Within a second or two, the system filters the digitized image, creates a template that it can compare with the authorized user, and decides whether they match.

Compared with a physical token such as a bank card or with the knowledge of a secret such as PIN, biometric traits are profoundly more difficult to forge, copy, share, misplace or guess.


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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LIRS to Invoke NTAA to Recover Unpaid Taxes from Bank Accounts, Others

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Lagos Internal Revenue Service (LIRS) pursuant to Section 60 of the Nigeria Tax Administration Act (NTAA), plans to ask Nigerian banks to debit bank accounts of employers who failed to remit tax liability.

LIRS to Invoke NTAA to Recover Unpaid Taxes from Bank Accounts

This was disclosed in a recent notice on Sunday.

LIRS stressed that the move was in line with the implementation of the country’s NTAA and other new tax laws, which took effect on January 1, 2026.

“Where a taxpayer fails, neglects, or refuses to settle any established outstanding tax liability when due, LIRS may exercise its power under Section 60 to direct any of the following persons to pay the amount owed by the taxpayer:

“Banks and other financial institutions; Employers; tenants, debtors, or customers of the taxpayer; Agents, business partners, and any person holding money on behalf of the taxpayer; Any person owing money to the taxpayer, whether presently due or accruing. Once a substitution notice is issued, the person served is statutorily required to remit to LIRS the amount. Specified in the notice from funds belonging to, or payable to, the defaulting taxpayer,” the LIRS notice partly read.

Meanwhile, Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, weeks ago ruled out claims that the government would debit personal accounts over tax remittances.


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Anambra Cuts Monday Pay to Kill Sit-at-Home

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Anambra State will implement pro-rata salary payments for civil servants starting February 2026, targeting chronic Monday absenteeism from the long-running sit-at-home order, Information Commissioner Dr. Law Mefor announced Saturday.

Anambra Cuts Monday Pay to Kill Sit-at-Home

Soludo

Speaking at an Awka briefing after the Executive Council’s end-of-tenure retreat, Mefor said improved security and transport have eliminated excuses for the four-year disruption, which cost the state trillions in lost revenue. “Workers enjoyed full pay despite staying away; now, no work means no pay for that day, calculated over 24 working days,” he stated.

Compliance measures include mandatory Monday clock-in forms, with markets urged to reopen fully amid bolstered security. This builds on a January 22 executive order docking 20% pay from teachers absent on Mondays.

Mefor warned that lost Mondays cripple revenue collection and productivity, rejecting alternatives like Saturday shifts as capitulation to agitators.


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Stakeholders Demand Stronger Governance and Infrastructure to Drive Tech Adoption @ Lagos AI Summit

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As AI adoption accelerates across Nigeria, leaders at the “AI in Action Now” conference 2026 have called for a balance between rapid innovation and strict regulatory governance. The event, held at the Lagos Oriental Hotel, highlighted both the doggedness of Nigerian builders and the risks of unregulated data usage.

Dotun Adeoye, Co-Founder of AI Nigeria, raised alarms over “Shadow AI”, a trend where employees upload sensitive official documents to public AI platforms. He praised the Nigerian Data Protection Commission (NDPC) for its recent aggressive stance, including multi-million-dollar fines against major banks and social media brands.

“Innovation without governance is dangerous. The regulator now has the job of educating players. We are working in partnership with them to ensure players don’t just get fined, but actually understand how to protect data locally rather than storing it abroad, ” Adeoye noted.

Addressing issues of lack of infrastructure to carry AI adoption, Conference Convener Debola Ibiyode admitted that while Nigeria lacks the traditional foundation for AI adoption, the tech community cannot afford to wait.

“The simple answer is we don’t have the infrastructure, but Nigeria has never really had infrastructure to drive anything, and we still thrive, ” Iboyode said, encouraging students and builders to look beyond current limitations. “Once we start to build based on what we have now, it will encourage those who need to provide the infrastructure to do their part. The world will not wait for us,” she insisted.

To bridge this gap, she highlighted the AI Foundry Africa, an incubator designed to mentor ideas into market-ready products.

Meanwhile, speaking to journalists on the sidelines, Biodun Ogunleye, the Lagos State Commissioner of Energy and Mineral Resources, echoed the sentiment that the government’s role is to facilitate the right environment through partnership. He emphasized that data generated from interactions with the government must have long-term value.

“We must ensure that in all facets from production to interaction with government, the tools required to ensure data has value are appreciated,” Ogunleye stated.

He concluded that through private-sector collaboration, the government can focus on its primary functions while leveraging AI to ensure the nation aspires for the future.


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