Business
Customs Plans Welfare Programmes For Retirees
As part of efforts to put
smiles on the faces of its retirees, the present leadership of the Nigerian Customs Service (NCS) has initiated welfare programmes to carter for them.
To that effect, a circular has been issued from the office of the Comptroller General of Customs (CGC), Mr. I. Dikko to all Zonal Cordinators, Customs Area Comptrollers (CACs) and all units of the formation for action.
The circular dated November 4th, 2013, which was signed by the Deputy Comptroller General, enforcement, Inspection and Investigation Saka Y. A. and made available to The Tide in Port Harcourt directed all retirees of customs to forward their applications to the appropriate quarters.
The circular demanded that the application letters from retirees should indicate their retirement letter and two recent passport photograph, for which an identity card will be issued to them.
A reliable source from the Port Harcourt Area Customs disclosed to The Tide that the identity card that will be issued to the retirees will enable them benefit from the welfare packages from the customs which will include free medical package and other empowerment programmes.
This, it was gathered is in line with the intention of the Comptroller General, to transforming the customs in accordance with the new customs ideology.
This will be the first time in the history of the Nigerian Customs Service where the welfare of retirees is being considered.
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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