Business
NCC Confiscates N2.5m Equipment In Onitsha
The Nigerian Copyright Commission (NCC) has confiscated illegal transmitting equipment worth over N2.5 million in Onitsha, Anambra.
The NCC during the raid, which was carried out in Akpaka GRA, 3-3 Estate and Federal Housing, arrested two suspects for allegedly transmitting signals of Multi-Choice, a pay-view television company illegally.
Mr Augustine Amodu, the Director of Enforcement of NCC, said that the rate of illegal signal transmission in Onitsha was alarming.
Amodu said that the perpetrators collected up to N3,000 per month from over 100 households “which is more than the salary of a senior civil servant”.
He said that the Director-General of NCC, Mr Afam Ezekude, had issued a directive for the continuous raid of Onitsha town until those in the business stopped it and found legitimate things to do.
“We are sounding it as a note of warning that we are out for those pirating the work of right owners and intellectual property in Onitsha.
“We will go to all length within our legal framework to see that we apprehend and prosecute those in the business no matter how remote they think they are.
“Our right owners, intellectuals and stakeholders, must be happy to continue to add to the economy and development of the country.
“Onitsha will soon be a no-go area for illegal transmitting of signals of Multi-Choice; pirating other people’s books and other illegalities,” he said.
In his speech, the Zonal Manager of NCC, Mr Emeka Ogbonna, said that those arrested would be prosecuted in the court.
He gave assurance that the zonal office would continue to gather intelligence to fight copyright offenders in Onitsha.
“As Onitsha is known for a lot of commercial activities, so is the issue of crime, especially where people feel like cutting corners and reaping where they did not sow.
“It is a battle and we will not rest until they know that Onitsha is a no-go area for book piracy, illegal signal transmission and other forms of copyright infringements,” Ogbonna said.
The seized items included transmitting decoders, transmission boosters, rolls of installation wires and accessories.
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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