The integration of credit histories into Nigeria’s National Identification Number (NIN) database is poised to revolutionise the country’s developing digital identity ecosystem, according to industry experts. This initiative intends to create a national credit database, providing each citizen with a credit profile influenced by their borrowing and repayment behaviour. According to the National Orientation Agency (NOA), the new system will connect each Nigerian’s credit score to their NIN. A credit score—ranging between 300 and 850—reflects a
The integration of credit histories into Nigeria’s National Identification Number (NIN) database is poised to revolutionise the country’s developing digital identity ecosystem, according to industry experts. This initiative intends to create a national credit database, providing each citizen with a credit profile influenced by their borrowing and repayment behaviour. According to the National Orientation Agency (NOA), the new system will connect each Nigerian’s credit score to their NIN. A credit score—ranging between 300 and 850—reflects a