NIN is your automatic tax ID – FIRS to Nigerians

The Federal Inland Revenue Service (FIRS) has stated that the National Identity Management Commission (NIMC) has automatically become a tax ID for Nigerians. The development comes in the wake of conversations surrounding a provision of the tax laws mandating a Tax ID for bank account ownership. Speaking in a public awareness campaign on the new…

Read More

EFCC discloses 12,000 Youths ‘selling’ BVNs, NINs to fintechs for N5,000 in Nigeria

The Economic and Financial Crimes Commission (EFCC), on Friday, has disclosed that 12, 000 Nigerian youths residing across the country are selling personal information details of victims (including Bank Verification Numbers and NIN) to some Fintech Institutions allegedly for about N5000.   This was disclosed in a statement issued by the Commission on Friday.  …

Read More

2400 Foreigners Caught Applying For Nigerian Passports With Fake Identity Numbers, NIN

At least 2400 foreigners with fake National Identity Numbers (NIN) had been identified attempting to acquire Nigerian passports, the Minister of Interior, Olubunmi Tunji-Ojo has said. A statement by the Director, Press and Public Relations, Ministry of Interior, Ozoya Imohimi, said that the Minister disclosed this when the President and Chairman of the Chartered Institute…

Read More

3 Simple Ways To Link NIN and BVN To All Your Bank Accounts In Nigeria, Diaspora

3 simple ways to quickly link NIN and BVN to all your Bank Accounts In Nigeria and Diaspora can be accessed below.   Truetells Nigeria recalls that the Central Bank of Nigeria (CBN) instructed all bank customers to link their National Identification Number (NIN) and Bank Verification Number (BVN) to their bank account(s).   This Nigeria news platform…

Read More

NIN linkage: Banks to block 70 million accounts

  Over 70 million bank customers are at risk of losing access to their accounts when the Central Bank of Nigeria’s directive on restricting accounts without Bank Verification Numbers and National Identification Numbers goes into effect. The CBN had on December 1, 2023, in a circular directed that a ‘Post no Debit’ restriction be placed…

Read More