Business
Group Charges Jonathan On Unresolved Corrupt Cases
A civil society group, Socio-Economic Rights and Accountability Project (SERAP), has urged President Goodluck Jonathan to refer unresolved cases of corruption to the anti-graft agencies.
SERAP gave the advice in a statement issued in Lagos last Thursday, in reaction to Jonathan’s New Year day broadcast where he promised to fight corruption more in 2014.
The statement, signed by SERAP’s Executive Director, Mr Adetokunbo Mumuni, said: “Promises alone can’t end corruption and the impunity of perpetrators.
It cited some of the unresolved corruption cases to include that in the aviation sector, the fuel subsidy scam and others.
The body noted that requesting the prosecution of indicted officials would send a clear signal that the government was committed to combating corruption.
“Jonathan should urgently address allegations of corruption in the privatisation of electricity, which is now denying the citizens access to regular electricity supply.
“The matter should be urgently referred to appropriate anti-corruption agencies for action.
“Taking these simple actions will immediately send a clear message that as far as the fight against corruption is concerned, it won’t be business as usual in 2014,’’ SERAP said.
It also advised the president to demonstrate his total rejection of corruption by publicly declaring his assets and instructing all members of his government to do same.
According to SERAP, the president should cut down on unnecessary expenses in the 2014 budget and dedicate the resources for the provision of drugs for hospitals across the country.
It said the president should lead the process to domesticate and effectively implement the UN Convention against corruption, within the legal system.
SERAP said: “This is the best way the president is ever going to earn the trust of millions of Nigerians yearning for good governance, development and the rule of law.”
Business
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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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