Business
Customs Agents Decry Multiple Customs Units At Seaports
The Association of Nigerian Licensed Customs Agents (ANLCA) last Friday said the existence of multiple customs units at seaports and airports performing examination and similar duties was affecting smooth trade.
The National President of the Association, Mr Tony Nwabunike, made this allegation during a courtesy visit to the Zone ‘A’ of the Nigeria Customs Service (NCS), Harvey Road, in Lagos.
He urged the service to explain the terms of reference of its strike force for proper identification and to forestall impersonation
Nwabunike, who was represented by the Vice President, Mr Kayode Farinto, also pleaded with the customs to look into multiple alerts on cargo.
According to him, other customs commands should adopt the Tin-Can Island Customs Command’s method, called One-Stop Shop Dispute Resolution Centre Approach, where issues of value are treated by Valuation and Classification Alert.
“It is becoming worrisome as exited cargoes are recalled for duty payment, by virtually all customs units in contravention of best practices stipulated by the World Customs Organisation (WCO) guidelines on trade facilitation.
“Customs management should also look into the Ekiti/Ondo Axis of the Federal Operations Unit (FOU) on issue of additional duties levied on vehicles intercepted.
“ANLCA requests for coordinating and information-sharing between FOU and other customs units on-line based on the Presidential Order on Ease of Doing Business Initiative.
“Our association also plead with the Comptroller-General of Customs, Retired Col. Hameed Ali, to facilitate the allocation of cargo to dormant customs commands such as Lillypond and Kirikiri Lighter Terminal commands to collect more revenue and reactivate the activities of our idle members in those commands.
“We also demand an immediate solution to the non-compliance of Benin Republic on Transit Trade with the extant cross border and international protocol on goods from Benin Republic.
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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