Business
Nigeria, Chad Conclude Border Demarcation Exercise – D-G
The Director-General, Na
tional Boundary Commission (NBC), Dr Muhammad Ahmad, has said last Wednesday that Nigeria and Chad had concluded their border demarcation exercise.
Ahmad told newsmen in Abuja that the exercise had also been ratified by both countries.
He said that Nigeria was committed to resolving all its international boundary disputes.
According to him, the border demarcation exercise revealed that some of the pillars had deteriorated due to aging.
He said that countries of the Lake Chad Basin Commission (LCBC) comprising Nigeria, Niger, Cameroon and Chad, had assembled their technical experts including the commission’s experts, with a view to evolving strategies toward replacing the aging pillars.
On the Nigeria/Cameroon border issue, the director-general said: “We have gone to define the judgment of the International Court of Justice regarding the demarcation of the boundaries.
“We have almost concluded the demarcation except a 64km-length that incidentally happens to be in the areas where Boko Haram was active, so we could not work much.”
He identified the areas as Mubi South, Mubi North, Maihe and Madagali Local Government Areas of Adamawa.
Ahmad also said that the exercise was disrupted by Boko Haram in Gwoza, Bama and Gaborungala Local Government Areas of Borno State.
“All those areas are the axis where Boko Haram dominated; they had almost taken over the territory; we cannot do any work for now.’’
Furthermore, he said that in the demarcation of the Nigeria/Benin Republic boundaries, the commission had taken the necessary actions needed to ensure that pillars were replaced in some of the grey areas.
“The commission is making every necessary effort to ensure that the demarcation is done. If we are to resolve a dispute, we have to resolve it together.
“Sometimes the Benin side will be ready, Nigeria will not be ready and sometimes Nigeria will be ready, Benin will not be ready, so it goes like that.
“The most important thing is that the two countries have been able to maintain peace and order along the border.’’
The director-general said that along the Nigeria/Niger international boundary, the commission had gone far in the emplacement of primary and secondary boundary pillars.
He said that the commission had also evolved a list of actions to be in 2015 for the continuation of the pillars emplacement exercise along the boundary.
The commission was strategising along three grey areas in its dispute resolution efforts, he said.
According to him, the commission has visited the Europe Public Repository in search of necessary documents that would assist it in the re-demarcation of such areas.
“But during the demarcation process, we find out that some of the villages are straddling, that is to say that the boundary line has gone to a village.
“Either that the boundary line entered into Nigerian village or it has joined Nigerien side.
“Our technical experts will go back to identify the boundary line and work on it for proper demarcation. So, we have not been able to resolve the dispute.”
However, Ahmad said the commission would meet the Nigerien authorities to discuss the possibility of some kind of territorial exchange much later.
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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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