Business
Association Urges Community Leaders To Protect Telecoms Masts
The National Association of Telecommunications Subscribers (NATCOMS) appealed to community leaders to protect telecom masts against vandalism.
The NATCOMS President, Chief Deolu Ogunbanjo made the appeal in an interview with journalists in Lagos.
He said such assistance would reduce the frequent vandalism of the equipment.
Ogunbanjo said vandalism of telecom facility would deny people in the affected communities access to telecommunication services.
“I want to believe no community will allow vandals to damage the masts thereby causing disruption of telecom services to occur in their vicinity.
“Hence, community leaders should assist telecom operators to protect the masts since they know better how to tackle such menace,” he said.
Ogunbanjo urged the operators to solicit the support of community leaders and traditional rulers to ensure adequate protection of the facilities, especially in violence-prone areas.
The NATCOMS chief said the activities of vandals had negatively affected economic activities of people who depended on telecom services for their livelihood.
He warned that frequent vandalism of telecom facilities could worsen the poor service currently being experienced in the industry.
The NATCOMS official said the disruption of services would not only disconnect subscribers, but would also paralyse businesses and threaten national security.
“Damage to telecom facilities will throw many people out of job as less recharge cards will be sold, Internet cafes will be out of business, while security and emergencies will be affected.
“This will bring economic problems to those in these violence prone areas,” he said.
Ogunbanjo called for enactment of a law that would make vandalism of telecommunication facilities a capital offence.
He said the law became necessary to prevent vandals from sabotaging telecommunication infrastructure and frustrating efforts of operators in providing quality services.
The NATCOMS chief said government should also declare telecommunication facilities as critical national infrastructure due to their importance.
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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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