Business
NAN Residents Urge Minister To Evict Squatters
Residents of the News Agency of Nigeria (NAN) quarters, Kubwa, Abuja have appealed to FCT Minister, Bala Mohammed to evict illegal occupants in the green area of the quarters.
This is contained in statement jointly signed by Mr Effiong Udoh, the Chairman of NAN Staff Quarters and Mr Francis Nwosu, the Financial Secretary on Sunday in Abuja.
The residents said they had complained on many occasions to the minister on the presence of the squatters but expressed regrets that nothing had been done to evict the occupants.
“We wish to bring to your notice that in spite of our letters No, NANSQ/ADM/dated 26/09/11, NANSQ/ADM/1/7, dated 24/01/12 and NANSQ/ADM/18, dated 04/04/2012, your officials have yet to evict illegal occupants,” the statement claimed.
It added that nothing had been done “to demolish their structures on NAN Estate Area”.
The statement added that while the residents awaited the minister’s response, they had discovered that “the green area is presently occupied by two block industries, mechanics, car wash and welders.
“Also occupied by one of the block making industries is the area under the PHCN 330 KVA transmission line, which hither to house the two four flats of the staff quarters,” it stated.
The residents pointed out that the noise and pollution generated by activities of the block making industries, mechanics and welders constituted serious health hazards to them and their children.
The residents noted that the presence and activities of the illegal occupants also constituted security risk, adding that people of diverse character/motive either visit of patronise this category of people.
“We are, therefore, appealing to you, sir, to use your good offices to evict and demolish all illegal and structures on the said area.”
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.
