Business
‘Police, Customs, PHCN Others Most Corrupt Agencies’
The Nigerian Police, Customs officers, Power Holding Company officers and Immigration officers have emerged as the agencies whose workers frequently demand bribe from the public.
Others include petrol station attendants, local government officials, tax revenue officers and other government agencies.
This was the result of a research conducted by a non-governmental organisation, CLEEN Foundation in collaboration with the Lagos state Security Trust Fund in all the twenty local government areas in Lagos state where 2000 respondents were interviewed.
The research which was presented to the public recently also shows that the respondents were generally very satisfied with service delivery by the state government in the area of road construction, maintenance, environment, beautification, refuse disposal, crime control and responsiveness to public opinion.
A staff of the National Assembly alleged that she was asked to cough up to N30,000 for her tax clearance certificate by a staff of the department.
It was gathered that there was a thriving racket for the retirement of the huge quartly constituency allowances given to Reps members.
Sources said, those who help the honourable members get up to N150,000.
Speaking at the media presentation, a professor of criminology, University of Lagos, Prof Etannibi Alennika said the summary of the finding were based on criminal victimization, official corruption and feeling of safety and fear of crimes.
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.
Business
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