Business
NPAN Decries Anti Press Freedom Bill
The Newspaper Proprietors Association of Nigeria (NPAN) has expressed sadness that in an era when Nigerians had hoped that progress has been made in dismantling the obstacles to a free press, some people are thinking of enacting a bill that would take the country back to the period of press censorship and government control.
This was made known in a press statement jointly signed by the chairman of the association, Ajibola Ogunshola, Vice President Mal Kabir Yusuf and Publicity Secretary Frank Aigbogun who said it would appear that history is lost on the promoters of the bill because the press in Nigeria has always stood against attempts to emasculate it.
The statement observed that as a democracy it is believed that Nigeria should be making much progress at freeing the space for public discourse and engagement as well as ensuring that every effort at instituting public accountability is encouraged, pointing out that the association therefore, does not see the logic in the bill which seeks to replace the existing Press Council Decree with the Nigerian Press and Practice of Journalism Council.
It noted that the bill like others before it was faulty and diabolic that the federal government should determine what the public should know and abridge the right of the people to information and hold their leaders accountable to those who elected them.
The statement also recalled that in 1999, the NPAN instituted a case at the Federal High Court, Lagos seeking to abrogate the Nigerian Press council because it was their view that the provisions are inimical to the smooth functioning of a free press.
According to the statement, the suit number FHC/L/C/1324/99 was still pending before the courts and it will now seem as if the promoters of the vexatious bill now seek to make the final outcome of that suit a nullity.
It stated that the NPAN and other stakeholders have already established an ombudsman process and calls on Nigerians to support the process and fight to defeat the bill and any other measures that seek to control freedom of information.
Patterson Koko
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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