Business
AC Wins Edo Assembly Re-run Election
The re-run election into Akoko-Edo Constituency 1 seat of the Edo State House of Assembly held yesterday was won by candidate of Action Congress (AC), Alhaji Kabiru Adjoto. He polled 5,345 votes to beat his Peoples Democratic Party (PDP) rival, Mr. Anslem Agbabi, who polled 3, 637 votes.
Although, characterised by shooting, ballot snatching and allegations of rigging in some of the wards in the five local government areas that the election took place, the exercise was adjudged to be fair in most of the 74 polling units.
Trouble started, according to The Tide investigation at Aiyegunle Unit 8 of ward 7, when supporters of the Peoples Democratic Party (PDP) alleged that an aide of the Edo State Governor snatched ballot box meant for the unit.
This made irate supporters to descend on the alleged ballot box snatcher and he was about to be lynched when policemen brought in by House of Representatives Leader, Hon. Tunde Akogun, started shooting sporadically, thus forcing people to run helter skater.
Journalists covering the election were not left out as many of them were harassed by youth of Aiyegunle community who barricaded the entrance to the community amid shout of “go , go, we don’t need them here”
Similarly, PDP supporters at Lampese Unit 1, Ward 3 alleged rigging of the election and cited the arrest of nine thugs suspected to be agents of the Action Congress who they said stormed the centre with a Peugeot Wagon marked AP 768 ABJ as evidence of the alleged rigging. The exercise, was however peaceful and orderly in other units and wards monitored.
Against the backdrop of rigging allegations, the duo of Senator Yisa Braimah representing Edo North in the Senate and Anslem Agbabi , PDP candidate for the election have called for cancellation of the election, claiming that the exercise was a charade.
In a swift reaction however, Senator Roland Owie, AC leader in Edo State said that in spite of little skirmishes the election was free and fare.
According to him, the skirmish was as a result of voters who he alleged were thumps printing in Honourable Akogun’s house in Aiyegunle.
Another AC Chieftain, Mr. Emmanuel Momoh debunked the allegation of snatching of ballot box by Governor Oshiomhole’s aide.” Nothing like that happened. It was Akogun’s security and some cult boys that chased us away”, he said.
Our correspondent also reported that major roads into the city were barricaded by security men while vehicles coming from Auchi were prevented from entering the town.
For instance materials to Aiyegunle, the Majority Leader, House of Representatives, Mr Tunde Akogun’s zone were said to have been taken away and election disrupted in his polling unit.
One Ariyo Osakpawan told newsmen that there have been reported clashes between AC and PDP supporters, the two parties involved in the election.
When contacted at his residence, Akogun, however, refused to comment on the situation.
With Akogun in his residence were Braimah and other PDP chieftains.
Our correspondent also noticed that notable PDP members had converged in Akoko-Edo to give solidarity to their candidate.
The Chief of Staff to Gov. Adams Oshiomhole, Osarodion Ogie, however, told newsmen that election rigging was no longer attractive in the state.
He said the re-run election would be a liberation for the people of Akoko-Edo.
Ogie, who spoke at the material distribution centre at Igarra, said:“This will be the first time the people will be seeing ballot papers.”
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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