E-Business
NIMC, CBN at Loggerheads over BVN Scheme

Central Bank of Nigeria (CBN) and National Identity Management Commission (NIMC) last week failed to agree on who should have full control over the Biometric Bank Verification Number (BVN) scheme, which gives each bank customer a unique identity across the Nigerian Banking industry that can be used for easy identification and verification at point of banking operations.
CBN had earlier in the year commenced the BVN as answer to calls by the Bankers’ Committee. The apex bank went ahead to budget $55 million, approximately N8.579 billion for the project expected to last for 18 months.
NIMC, however, by its establishing Act 2007 is empowered to, “Create, manage, maintain and operate the National Identity Database established under section 14…including the harmonisation and integration of existing identification databases in Government agencies and integrating them into the National Identity Database,” however, CBN and the bankers committee are not ready to discontinue the BVN scheme.
CBN and NIMC at different fora in Lagos last week, expressed the bragging right over the biometric registration.
Barrister Chris Onyemenam, director general of NIMC said that any biometric registration, especially, after the Presidential directive on harmonization of existing database by different Ministries, Departments and Agencies (MDAs), should be regarded as null and void.
At the media parley in Lagos, Onyemenam, “by implication any other biometric capturing that involves Nigerians, outside what NIMC project should be regarded as null and void. We have explained this at different fora. NIMC Act 2007 is coherent on this; it is an issue that ought not generate problem, let’s do the right thing and stop duplication of biometric data”
Elsewhere, Mr. Kofo Abdusalam-Alada, head, International and Development Law at CBN speaking at 5th Annual e-fraud in Lagos said that “BVN will not go the way of other attempts. CBN will need to put up a fight in certain direction. I’m not going to mention that direction, but BVN has to succeed. I used to get emails from my banks for the registration. BVN will help to solve many challenges such as one with 24 accounts; we will track all of them down”
Nodding in agreement, Bukola Smith, chairperson, Payment Sub-Committee, Committee of Chief Internal Auditors of Banks, said “Initially, we all know there is an agency for national identity management, which has taken up the project of having biometric registration for Nigerians. That has gone on for a long run; a lot of money has been spent. At some point in time, the banks got frustrated and I understand that at one of the bankers Committee meetings, heads of banks started asking, ‘when are we going to complete this project?
“We are talking about fraud issues, a number of things-standardization, we need to progress this project’. So, my understanding is that it was the Bankers Committee been spearheaded by managing directors of various banks that said, ‘look, we need to start this project’. Then, they put down money and said, CBN, you need to also come on board. They appointed a number of people that will work. NIBSS was appointed and another consultant, for this project. I don’t know what Kofo is trying to get at, but all the same, it is not as that CBN initiated it; CBN appears to be driving it now because they are the center coordinating body.
CBN and the NIMC had for several months on the appropriate supporting policy on the national identification number, the ‘NIN’ as a minimum know-your-customer (KYC) instrument, but the policy was withdrawn by CBN barely three weeks after it was released in 2012 and the apex bank gave no reasons.
Although the CBN later agreed to share its database from the BVN with NIMC, there are fears that this will also take some time to harmonise.
E-Business
Microsoft Servers Hacked by Chinese Groups

Chinese “threat actors” have hacked Microsoft’s SharePoint document software servers and targeted the data of the businesses using it, the firm has said.
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”.
E-Business
NIMC Warns Nigerians of Fake NIN Website

National Identity Management Commission (NIMC) has issued a public warning that it is not associated with NINcard.com.
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.
E-Business
NITDA, API Partner Against Harmful Online Content

National Information Technology Development Agency (NITDA), in partnership with the Advocacy for Policy and Innovation (API), has convened a one-day workshop in Abuja to advance dialogue on the draft Online Harm Protection (OHP) Bill to confront harmful online content.
The bill, a rights-based, locally rooted, and multi-stakeholder initiative, is aimed at addressing the challenges of the digital age.
The event, which held yesterday, brought together government officials, civil society, academics, digital platforms, and legal experts to shape a policy framework designed to combat online ills such as cyberbullying, disinformation, hate speech, digital exploitation, and gender-based violence, while safeguarding democratic freedoms and digital inclusion.
In his keynote remarks, Kashifu Inuwa, director general, NITDA urged a paradigm shift in the way society engages with digital technologies.
“For almost two decades, we have viewed digital technology through a consumer lens. But these technologies are not just products and services. They are transforming how we live, work, and interact. They shape our politics, our society, and our democracy,” he said.
Warning against unaccountable digital power in the hands of private corporations, the DG likened the digital journey to the tale of Alice in Wonderland, where initial fascination with innovation has given way to deeper concerns about privacy, autonomy, and manipulation by big tech platforms.
“We thought we were using Google, but now we realise Google is using us. Social media, once a tool of expression, has become a tool of surveillance and influence,” Inuwa noted.
He, therefore, emphasised the urgency of developing a democratic and accountable framework. He explained that following the 2021 Twitter ban, NITDA facilitated dialogue between the government and platform operators, leading to a Code of Practice that stressed Nigeria’s sovereignty and legal standards.
According to him, the same process birthed the multi-stakeholder steering committee and the OHP White Paper in December 2024, laying the foundation for the current legislative push.
Earlier in her opening remarks, Victoria Manya, co-founder, API, observed the moral and civic necessity of the bill.
Her words: “The internet did not break society, it merely revealed its unfiltered version. Every day, Nigerians are exposed to harassment, disinformation, exploitation, and even algorithmic violence. The OHP Bill is not a war on the Internet. It is a peace offering to its users, a social contract for a digital future that is safe, inclusive, and democratic.
“We cannot answer the question of algorithmic power with unchecked state control. We must answer it with shared, rights-based governance. This bill must not be written for the people, but with them.”
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