Business
RSG To Destroy Indiscriminate Outdoor Adverts
The Rivers State Commissioner For Urban Development and Physical Planning, Dr. T. W. Danagogo has said that the committee for the control, prevention and removal of outdoor advertisements which deface Port Harcourt City and its environs will begin operations in a week’s time.
Dr Danagogo who stated this shortly after the inauguration of the committee Tuesday in Port Harcourt said that a seven-day period of grace has been given by the committee to individuals and corporate owners of billboards, sign-posts, posters and banners which have been erected and displayed indiscriminately.
He called on the individual and corporate owners of indiscriminately displayed billboard and outdoor advertorials that fall short of the relevant outdoor advertisement regulations, to remove them.
He warned that the committee would swing into action to remove all such billboards and posters, and consequently arrest their owners at the end of the deadline.
The Urban Development and Physical Planning Commissioner, who is also the chairman of the committee also enjoined members of the public to show understanding and co-operation with the committee in its bid to sanitise the cities and maintain standards.
Other members of the committee are the commissioner for Environment as alternate chairman, with the chairman of Port Harcourt City Local Government, Chimbiko Akarolo, the Obio/Akpor Chairman, Timothy Nsirim, as well as the chairmen of Eleme and Oyigbo Local Government as members.
Corlins Walter
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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