Business
ANCLA Urges Synergy Among Freight Forwarders
The Association of Ni
geria Licensed Customs Agents (ANCLA) has tasked freight forwarders in Nigeria to ensure that they work in line with the principles of networking among themselves in order to promote best and effective practices in the business.
The National President ANCLA, Olayiwola Shittu, gave the advice on Friday at ANCLA House Onne, while speaking with The Tide.
Shittu said customs agents need to take advantage of the business opportunities embedded in break-bulk conferences across the world to strive in the business of feight forwarding and clearing stressing that the new trends of business opportunity demand a lot of networking for growth and sustainability.
He said the essence of the break-bulk conference is to ensure that the business of freight forwarders go beyond the immediate microcosm level of their operations, stressing that the idea of break-bulk was to assist expand the business horizon of freight forwarders to be conversant with what is obtainable other climes.
The ANCLA boss said networking is now modern in the business of clearing and forwarding since it involved absorbing international best practices.
He said ANCLA has always been in the fore-front of pushing for an enabling business environment which is the reason for appreciating what break-bulk conference is doing to educate people on business opportunities in clearing and forwarding .
Shittu explaind that break-bulk as part of the activities of freight forwarders was organised to run business conferences and exhibitions as a process of bringing projects to the knowledge of business owners across the world and seek the needed resources to backup the business.
The ANCLA National President also commended members of the association operating at Onne port and urged them to conduct their business within the framework of the rules and regulations stipulated by the authorities.
He enjoined the association members to conduct their forthcoming election peacefully.
Philip Okparaji
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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