Business
Lady Kabbies President Decries Police, Touts Harassment
The president of Lady Kabbies, in Rivers state, Evangelist Blessing Adeoye has decried the incessant harassment by the police and touts on law members.
Speaking with The Tide in Port Harcourt on Monday, Evangelist Adeoye said there were complains by some of her members that the police and touts had been extorting money and also bars them from operating in certain areas, calling on the authorities to enlighten their members as the lady Kabbies are operating a Non-Governmental Organisation (NGO) under the Governor’s wife pet-programme of Empowerment Support Initiative (ESI).
According to her, the scheme is Mrs. Amaechi’s empowerment programme for the women, adding that they are not operating as illegal transporters.
She said they are operating as other transporters to ease transport difficulties in the state, and thanked the Governor, Rt. Hon. Chubuike Rotimi Amaechi and his wife, Dame Judith Amaechi for the empowerment, saying that they are very happy and grateful for the gesture as it has assisted in empowering the livelihood of the beneficiaries in the state.
The Lady Kabby President however, disclosed that three Lady Kabbies are facing a disciplinary committee for violating the rules and regulations of the ESI Lady Kabbies for giving their cabs to men to drive, adding that the action would serve as a deterrent for others, warning that anybody caught in that act would have her car impounded until she pays a stipulated fine.
A total of 53 Lady Kabbies are currently operating in Port Harcourt, she added.
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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