The State of eKYC in Nigeria 2024
Report Overview
Nigeria's digital identity landscape has transformed rapidly in recent years. Efforts by ID authority like the National Identity Management Commission (NIMC) and enabling regulations have driven this change. These developments have shaped the industry and emphasised the need for effective eKYC processes.
This report offers a comprehensive overview of the recent eKYC and digital ID verification trends in Nigeria. It explores the most reliable user identity verification methods, identifies practices that have been less effective, and recommends the best approaches for the future.
Additionally, the report reviews initiatives proposed by regulatory authorities and assesses their potential impact.
Report highlights
Insights into the growth of biometric verification and rejection in Nigeria
NIN-based user verification adoption and database performance
Recent regulatory changes and possible impact
The future outlook of eKYC in Nigeria
This report is for:
Business leaders and decision-makers in Nigeria
Compliance Managers and KYC professionals
Regulators and key governmental bodies in Nigeria
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