Business
FRSC Advises Politicians On Traffic Rules
As politicians converged in Abuja for their parties’ conventions and primaries, the Federal Road Safety Corps (FRSC) has advised them to be road safety conscious and to comply strictly with traffic regulations.
The advice was contained in a statement made available to the newsmen on Wednesday in Abuja and signed by the FRSC Public Education Officer, Mr Nseobong Akpabio.
The statement said FRSC was collaborating with other security agencies under the umbrella of Inter-Agency Committee on Election Security for the success of the general elections.
It said FRSC had deployed its personnel, ambulances and towing vehicles to designated routes across the country for traffic control and rescue operations in cases of emergence during the primaries.
“All road users must realise that the road we use on daily basis does not respect anyone neither does it recognise status, ethnic or socio-political affiliation”.
“Hence obedience to road traffic rules and regulations is a must by all road users,’’ it said.
The statement warned politicians coming into Abuja to be cautious of the good road network, inter-sections, traffic lights, as well as ongoing road rehabilitation and constructions as they could pose traffic challenges.
It also warned political party members to desist from all forms of traffic violations or face appropriate sanctions.
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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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