Business
NDLEA Seizes N240m Worth Of Drugs At MMIA
The National Drug Law En
forcement Agency (NDLEA) seized illicit drugs valued at N240 million at Murtala Muhammed International Airport (MMIA), Lagos, in the first quarter of the year, according to a statement by the Agency.
In a statement signed by Mitchell Ofpyeju, Head of Public Affairs of NDLEA, said the drugs weighing 95.93kg were seized between January and March.
The statement said a total of 19 suspected drug traffickers were arrested during the period.
“ The total weight of drugs seized during the period under review is 95.93kg. The suspects include 16 males and three females,” it said.
The statement said the NDLEA Commander at the Lagos Airport, Mr Hamza Umar, gave details of the arrest and seizures.
“Within the first quarter of 2014, the Airport command seized 9.06kg of cocaine, 16.7kg of heroin, 27.24kg of cannabis and 3.4kg of methamphetamine.
“Others are ephedrine 2kg, morphine 14.96kg, apresoline 3.51kg, pethidine 10.82kg and diazepam 8kg,’’ the statement said.
The agency said there was a reduction in the quantity of drugs seized during the period compared with the same period in 2013.
“In the first quarter of 2013, total drugs seized at the Lagos airport was 172.15kg ,’’ it said.
The statement said the number of persons arrested within the period under review also reduced by one.
“The record of drug seizure and arrest made in first quarter of 2013 is as follows; cocaine 16.02kg, heroin 0.17 gm and methamphetamine, 155.97kg, totaling 172.15kg.
“The suspects arrested within the first quarter of 2013 were 18 males and two females,” it said.
Meanwhile, the Chairman of NDLEA, Mr Ahmadu Giade, has said that the agency will continue to intensify security checks at all exit points in the country.
“The reduction in the quantity of drugs seized is an indication that we are making progress in our search operations.
“We shall continue to improve on our counter-strategies through the use of latest technology in drug control,” Giade said.
The chairman assured that the cases of those arrested would be diligently prosecuted to a logical conclusion.
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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