Business
NIS Begins Arrest Of Suspected Recruitment Fraudsters
The Nigeria Immigration Service (NIS) says it has begun arrest of suspected recruitment fraudsters and senior officers in the service involved in job racketeering.
The NIS spokesperson, Mr Sunday James disclosed this in an interview with newsmen in Abuja recently.
He said that NIS had commenced investigations into the ugly trend and arrested some of the suspects, including senior officers involved in the racketeering.
According to him, an Assistant Comptroller of Immigration (ACI) is currently facing disciplinary action for allegedly defrauding innocent citizens, including lecturers and family members in Jos.
“The Service has started swooping down on and arresting these dubious elements who unfortunately include an Assistant Comptroller of Immigration (ACI).
“The ACI allegedly defrauded innocent citizens, including lecturers and family members in Jos. He is currently facing disciplinary action,” James said.
The spokesperson expressed concern that desperate members of the public still fall prey to fraudsters’ nefarious activities in spite several warnings from the NIS.
James further urged members of the public to disregard any request for payment for employment and report any such request to the NIS headquarters.
James said they should report any case of extortion in the guise of securing employment in NIS to: nis.servicom@nigeriaimmigration.gov.ng or call +234 (0)7080607900.
The Tide source further reports that NIS is currently in the process of recruiting some Nigerians into the service after the botched 2014 recruitment during which some Nigerians lost their lives and others injured.
The NIS Comptroller-General, Muhammad Babandede had pledged that the ongoing recruitment process would be transparent, follow due process and in line with international best practices.
He said this was to avoid the repeat of the past mistakes.
Business
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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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