Business
FAAN, NCC Collaborate To Fight Piracy
The Federal Airports Authority of Nigeria (FAAN) and the Nigerian Copyright Commission (NCC) have expressed their commitment towards the development and implementation of a national anti-piracy strategy to address the sale of pirated books, films, music and other copyright infringing materials in and around the nation’s local and international airports.
Both agencies agreed to work out the modalities for sustained proactive enforcement to ensure that the interest of right owners were adequately protected in line with the Federal Government’s policy of guaranteeing adequate returns on investment and growing the creative sector.
Managing Director of FAAN, Captain Rabiu Yadudu, and Director-General of NCC, Mr John O. Asein, disclosed this during a recent consultative meeting held at FAAN Headquarters, Ikeja, Lagos.
Yadudu gave his assurance that FAAN would partner with NCC to ensure that its premises did not become a safe haven for pirates.
He reiterated the commitment of FAAN to support NCC in its renewed fight against piracy in Nigeria.
“We are committed as Government agencies to protect public interest even in copyright matters and we owe a duty to assist each other in executing our mandates. The legal and commercial teams of FAAN will be deployed to assist NCC to strengthen its enforcement actions at airports across the country”.
While decrying the pervasive piracy in all copyright sectors, the FAAN MD urged right owners and other stakeholders in the industry to address the challenges in the distribution networks so as to make genuine copyright works more readily available in the market.
Earlier, Asein had expressed concern at the high volume of pirated materials at the nation’s airports and the negative impact of this, not only on the fortunes of right owners but also on the nation’s image.
He stressed that the criminal activities of a small percentage of Nigerians were capable of distorting the country’s image as a land of talented, industrious and law-abiding people.
Asein noted with regret that the activities of pirates have adversely affected the educational sector and threatened the book industry.
According to the Director General, some of the authors whose books were highly pirated included those of Nobel laureate, Prof.
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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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