Business
Council To Train 10,000 Freight Forwarders
The Chairman, Council for Regulation of Freight Forwarding in Nigeria (CRFFN), Alhaji Hakeem Olanrewaju said Wednesday, that it would train about 10,000 freight forwarders in the country.
Olanrewaju, said this in Lagos at the closing of a seven-day Training of the Trainers (TOT) programme organised by the council.
The chairman said there must be attitudinal change in the practice of freight forwarding.
Olanrewaju said that Nigerians in the profession should be able to compete with their counterparts in Japan and Korea.
He described training as the most important aspect of the regulatory functions of the council, saying it had in the last couple of months been training the trainers.
Registrar and Chief Executive Officer of the council, Mr Mike Jukwe said that Nigeria would apply and get accreditation as a centre for International Federation of Freight Forwarders Association (FIATA).
He said that Nigeria would also apply as a centre for International Civil Aviation Organisation (ICAO) Dangerous Goods Training Programme.
“By the time we get this, we will beat our chest that we have arrived and in the long run, out target is how to bring in best practices as done in the developed world.
“The important thing is how do we catch up with what is obtainable in developed countries.’’
The Master Trainer from FIATA, Mr Thomas Sim said: “we are living in a globalised world where knowledge grows from one country to another.’’
According to Sim, things move at very fast pace and as operators, members should continue to seek new knowledge on the various ways of handling cargo globally.
“Nothing should stop us from looking at how people are doing the business of freight forwarding in other countries.’’
Sim commended the level of commitment, energy and motivation displayed by the participants during the programme.
Twenty-nine people participated in the third round of the training which began in January.
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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