Business
IT Expert Harps On Crime Reduction
The Chief Executive Officer, Teledom Group, Mr. Emmanuel Ekuwem has urged government at all levels to invest in Information and Communications Technology (ICT) solutions, to reduce the increasing crime rate in Nigeria.
Ekuwem, the past President of the Association of Telecommunications Companies of Nigeria (ATCON), gave the advice at a news conference in Lagos, recently.
He said that the growing rate of insecurity in the country had become a source of worry and concern to government, hence the need to find a lasting solution to it.
Ekuwem said that corporate institutions, religious stakeholders, social groups and all stakeholders in the Nigeria project were also disturbed by the development.
“Armed robberies, assassinations, kidnappings, religious disturbances and ethnic riots are no longer strange occurrences in our society, as they have become the order of the day, in virtually all parts of the country.
“A day hardly passes without our national dailies carrying banner headlines of unabated criminal activities and security lapses in one part of the country or the other,’’ he said.
Ekuwem said the country could not be developed in ICT and still be in distress.
“It is with this in mind, that the Technology Development Company (TDC) Ltd, in collaboration with Gamnet Solutions Ltd, plan to hold a stakeholders’ Summit on ICT Intervention in National Security Emergency,” he stressed.
Ekuwem said that the summit with the theme, “National Security Emergency: Information and Communications Technology to the Rescue’’ would hold on September 7 at Eko Hotel, Lagos.
He said that the purpose of the summit was to mobilise players in the ICT sector in Nigeria to plan and devise effective technology and system interventions that would enhance the efforts of the security forces.
“There is need to enhance the efforts of our security forces in combating the increasing wave of criminal activities in all parts of the country, especially as the 2011 general election is at the corner.
“It is an opportunity for ICT industry operators to formulate an enabling framework for putting in place a communication system that will enhance our internal security network.
The former ATCON chief said the growing insecurity in the country had retarded the nation’s economic development, “as it creates fear in the minds of would-be investors’’.
“It diminishes the good image and reputation of Nigeria in the comity of nations, especially against the background of the war against terrorism.
“It also creates a deep sense of hopelessness and poor feeling of national well-being and restrain the movement of notable Nigerians and expatriates to certain areas of the country because of fear of being kidnapped or killed by hoodlums,’’ Ekuwem said.
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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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