Business
SEME Customs Rakes In N963.7m In Sept
The Seme Area Command of Nigeria Customs Service committed a total of N963,796,422.32 as revenue in the month of September 2014.This is the highest monthly collection made between 2013 and 2014.
This was contained in a statement signed by the customs spokesman, Mr. Ernest Ollota(SC) and made available to The Tide in Lagos said that the patrols and other anti smuggling activities are paying off as unrepentant smugglers are fleeing the area to attempt their illegalities in other areas where they are likely to meet resistance and seizures by our sister commands.
The statement said it had deployed all personnel and available logistics to intensive vehicular and foot patrols along the border lines and all routes including non motorable areas.
In a statement signed by the customs spokesman, Mr. Ernest Ollota(SC) and made available to The Tide in Lagos said that the patrols and other anti smuggling activities are paying off as unrepentant smugglers are fleeing the area to attempt their illegalities in other areas where they are likely to meet resistance and seizures by our sister commands.
‘’In line with my CGC’s zero tolerance for smuggling, we are leaving no stone unturned in ensuring that Seme Border becomes and remains a no go area to perpetrators of smuggling and other unlawful activities. Seme will continue to be unsafe for them as we are increasing our intelligence on a daily basis on their movements which we share with other commands to achieve the same goal’’ Egbudin said.
The Comptroller added that ‘’ We will keep this tempo into and beyond the forth coming yuletide season.Our close tie with the border communities under a reinforced Customs Community Relations Forum will be sustained as we are employing enlightenment and persuasion as tools for zero casualty in achieving our anti smuggling drive. We are happy that some traditional rulers, community chiefs, youth leaders and residents of border communities are cooperating with us in the strive to protect our national economy and ensure security of our people’’
‘’We are in close liaison with the Port Health Service, other government and non government bodies to sustain Nigeria’s Ebola free status. Aside the regular check of travelers and traders moving along our border route, we also ensure that our operatives adhere to all anti Ebola directives.’’
‘’Our vigilance against Ebola is premised on the fact that Seme Border is the busiest land frontier in West Africa with the highest movement of persons in and out of the evolving mega city of Lagos. We are not taking chances’’ Egbudin concluded.
Egbudin reiterated that our functions of suppressing smuggling, collection of revenue and facilitating legitimate trade will not be compromised .
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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