Business
Group Urges Closure Of Unregistered Hotels

Air France, District Manager, South-East Nigeria, Peyo Labeguerie (right), presenting a souvenir to Executive Chairman, Rivers State Internal Revenue Service, Onene Osila Obele-Oshoko, at the PHCCIMA Council meeting in Port Harcourt recently . With them is President, PHCCIMA , Engr Emeka Unachukwu
The Secretary of Lagos
Hotel Association, Mr Wasiu Talabi, last Thursday advocated the closing down of unregistered hotels in the country to reduce crime in the hospitality industry.
Talabi told newsmen in Lagos that unregistered hotels were largely responsible for damaging the reputation of the hospitality industry.
He said this was because many of the unregistered hotels hardly provide security coupled with their poor facilities and shabby reception of guests.
According to him, law enforcement agencies are not effectively checking the activities of unregistered hotels in the country.
“Government should shut down unregistered hotels in the country because they serve as hide out for bad people to plan and carry out crimes.
“Most of the bad incidents that happen in the hospitality industry happen in unregistered hotels; therefore, government should put preventive measures in place to control unforeseen incidents in such hotels.
“There should be a law that will discourage the phenomenon of unregistered hotels in the country because they operate illegally.
“ Many of the hotels decide not to register purposely to avoid paying the appropriate taxes to government,’’ Talabi said. He, however, added that in spite of the nefarious attitude of the unregistered hotels, the standard of the hospitality industry in the country had greatly improved.
“The standard of the hospitality industry in the past few years had greatly improved, but the hitches are the activities of the unregistered hotels, “ the secretary said. He said investigation had shown that the hotels where customers complained of poor facilities like bad beds, insecurity, poor internet facility or mosquito bites were unregistered hotels.
“The operators of these hotels give a bad image to the hospitality industry. With all these complaints, we lose our customers, “ he said.
According to him, registered hotels are well classified and can be accessed through the internet because they register their customers on-line.
“ It is mostly in unregistered hotels that you get poor facilities like insecurity, poor internet facilities as well as dirty beds and sheets , “ Talabi said.
He urged law enforcement agencies to check the activities of unregistered hotels to
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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