Business
Council Expresses Commitment To Nigeria’s Sustainable Economic Growth
The Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) has expressed its commitment to sustainable economic growth in the country through accountable transport initiatives in freight forwarding management.
Mr Mike Jukwe, the Registrar of the Council, made the commitment in an interview with newsmen on Saturday Jukwe said that the council had a strategic plan to create efficiencies by co ordinating the activities of practitioners in a way that would clean-up the operations of its members. “This will enable it to serve the public better in an efficient and transparent manner.’’ He said that the council would also strive to improve public perception and awareness of the duties and responsibilities of freight forwarders in the country. “This will encourage freight forwarders to aim for higher levels of career achievements and a broader understanding of the principles of cargo movement in the interest of the public, clients and employees.”
According to him, the council is making concerted efforts to ensure uniform standard of education, training and professional conduct among its practitioners. He said that the council had been admitted as a member of the International Federation of Freight Forwarders Association (FIATA) based in Switzerland, to strengthen International exchange programmes and build capacity. It could be recalled that FIATA had on Oct. 10, 2012, accredited some Nigerian institutions for freight forwarding training at its congress in Los Angeles, U.S. The institutions are Nigeria Institute of Transport Technology (NITT), Zaria; Redeemers University, Ogun; Modibbo Adama University of Maritime Technology, Yola, (MAUTECH) and Federal University of Technology, Owerri (FUTO), among others.
He said these institutions would be training and awarding certificates in International Diploma in Freight Forwarding and Supply Chain Management, to candidates who already possess National Diploma (OND), Higher National Diploma (HND) and BSC certificates. According to Jukwe, the training will empower the freight forwarders and sharpen their knowledge for effective freight service delivery.
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.
