Business
Wildlife Hunting Attracts 10 Years Imprisonment – NCF
The Nigerian Conservation Federation (NCF) has warned that anyone found guilty of exploitation and commercial hunting of wild animals risked 10 years imprisonment with an option of N1million fine or both.
Director-General of the federation, Mr Adeniyi Karunwi, gave the warning in Ibadan last Saturday at a workshop organised by the Pangolins Conservation Working Group, Nigeria.
The workshop organized in collaboration with National Environmental Standards and Regulations Enforcement Agency (NESREA), South West Zone and entitled “Speak Up for Pangolins” was in commemoration of 2017 World Pangolins Day.
“Our environment is in danger; a lot of wild animals like pangolins are at the risk of going into extinction and there is over-exploitation of these animals.
“People need to know that exploitation and commercialisation of wildlife identified under Schedule 1 of the Endangered Species Amendment Act is a criminal offence that attracts a 10-year jail term,” Karunwi said.
According to him, conservation of wildlife is important in order to promote ecological tourism to the country.
On her part, Coordinator, Pangolin Conservation Working Group, Dr Olajumoke Morenikeji, said that pangolins risked going into extinction, because they were the most illegally hunted and traded mammals.
Morenikeji, who is an Environmental Biologist, said that pangolins were illegally traded for their scales, meat and body parts which were in high demand in Asia, especially in China and Vietnam.
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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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