Business
US Canvasses Co-operation On Air Security
United States Homeland Security Secretary, Ms. Janet Napolitano, has called for more international cooperation in protecting transport routes against attack and controlling trade in potentially dangerous materials.
In a speech in Brussels, Napolitano said security and customs authorities needed to work closer with industry to develop new technologies and share information to track chemicals that can be used to produce weapons, Reuters reported on Friday.
Not enough effort is made to minimise potential disruptions to trade and transport in case major infrastructure hubs are damaged by attacks.
“Consider the consequences of such an attack… Beyond the immediate impact… the consequences could quickly snowball and impact economies around the world.”
“People across the world would find empty store shelves and serious shortages in needed medical supplies,” she added.
Governments across the world have been reviewing aviation and transport security since US-bound parcel bombs sent by air from Yemen were intercepted in Dubai and Britain last October.
In the EU, the bloc‘s 27 governments are preparing a plan on how to screen cargo from third countries, although a German proposal for a “blacklist” of airports with insufficient security standards for cargo has been rejected.
But calls from more screening of shipments have led to clashes with industry in the US and Europe as transport companies grew concerned over the cost of tighter security, particularly of sophisticated imaging technology designed to detect explosives.
Addressing such concerns, Napolitano said while new technologies would be used, intelligence-gathering and new standards were also an important tool. The US would also send “hundreds” of aviation and customs officials to help protect transport hubs.
She said joint efforts by customs authorities from the US and other countries had helped investigate smuggling of chemicals that could be used to make explosives into Afghanistan and Pakistan in the last year.
Business
Agency Gives Insight Into Its Inspection, Monitoring Operations
Business
BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
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