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    MarketForces Africa » MarketNews » NCC Sets Final Deadline for NIN-SIM Linkage Compliance
    MarketNews

    NCC Sets Final Deadline for NIN-SIM Linkage Compliance

    Julius AlagbeBy Julius AlagbeAugust 28, 2024No Comments3 Mins Read
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    NCC Sets Final Deadline for NIN-SIM Linkage Compliance
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    NCC Sets Final Deadline for NIN-SIM Linkage Compliance

    The Nigerian Communications Commission (NCC) has announced a final deadline for mobile users to comply with Subscriber Identification Modules (SIMs) linkage to their respective National Identity Numbers (NINs).

    In an official statement, NCC said that to date, over 153 million SIMs have been successfully linked to a NIN, reflecting an impressive compliance rate of 96 per cent, a substantial increase from 69.7 per cent in January 2024.

    “As we approach the final phase of this critical process, the NCC seeks the continued cooperation of all Nigerians to achieve 100 per cent compliance,” the telecom regulator said.  

    It explained that the complete linkage of all SIM cards to NINs is essential for enhancing the trust and security of our digital economy.

    “By verifying all mobile users, this policy strengthens confidence in digital transactions, reduces the risk of fraud and cybercrime, and supports greater participation in e-commerce, digital banking, and mobile money services.

    “This, in turn, promotes financial inclusion and drives economic growth”, the statement reads.

    Through collaboration with the Office of the National Security Adviser (ONSA) and the National Identity Management Commission (NIMC), the NCC said it has uncovered alarming cases where individuals possessed an unusually high number of SIM cards—some exceeding 100,000.

    The Commission said it remains committed to working with security agencies and other stakeholders to crack down on the sale of pre-registered SIMs, thereby safeguarding national security and ensuring the integrity of mobile numbers in Nigeria.

    To ensure full compliance with the NIN-SIM linkage policy, the NCC has directed all Mobile Network Operators (MNOs) to complete the mandatory verification and linkage of SIMs to NINs by September 14, 2024.

    Effective September 15, 2024, the Commission expects that no SIM operating in Nigeria will be without a valid NIN.

    “We urge all members of the public who have not yet completed their NIN-SIM linkage, or who have faced issues due to verification mismatches, to visit their service providers promptly to update their details before the deadline.

    Alternatively, the approved self-service portals are available for this purpose. “The NCC also reminds the public that the sale and purchase of pre-registered SIMs are criminal offences punishable by imprisonment and fines.

    “We encourage citizens to report any such activities to the Commission via our toll-free line (622) or through our social media platforms.”. #NCC Sets Final Deadline for NIN-SIM Linkage Compliance Interest Rate on Nigerian Treasury Bill Spikes to 21.45%

    9Mobile AIRTEL GLO MTN NIN-SIM SIM-NIN
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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