Business
Activist Wants FG To Invest In Intelligence Gathering
An Onitsha-based rights
activist, Mr Emeka Umuagbalasi, last Tuesday urged the Federal Government to invest more on intelligence gathering and training for security agencies.
Umuagbalasi told newsmen in Onitsha that the current insurgency in the country had exposed the poor use of information and communication technology for intelligence gathering among the security agencies.
“Before now, the government concentrated on recruiting more hands, buying more machines, sub-machine guns and rifles as well as jet-fighters for security agencies.
“These have been counter-productive in an informal or guerrilla warfare and the insurgents capitalised on it to operate,’’ he said.
The activist noted that the guerrilla warfare deployed by the insurgents could only be checked with intelligence and technology.
He said that insurgency-prone countries now deployed technology even at a low cost in addition to conventional military hardware.
“Insurgency in the country is surmountable as many other countries of the world had triumphed over this type of predicament.
“Basic and modern intelligence devices and detectors working in conjunction with territorial and space satellites could work the magic of monitoring insurgents even in remote locations.
“We need to reassess our campaigns against insurgents for three years now and refocus our energy in more pro-active and productive measure of combating terrorism in its entire ramification,’’ he said.
Umuagbalasi, who is the Chairman of the International Society for Civil Liberties and Rule of Law, called on the government to improve on the training of military, police and para-military personnel on ICT and ICT-related technologies and intelligence gathering.
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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