Business
FRSC Okays 39 Transport Operators In Enugu
The Enugu Sector Commander of the FRSC,Mr Hyginus Fuomsuk, says that no fewer than 39 commercial fleet operators have been certified by the commission in Enugu.
Fuomsuk told newsmen in an interview on Tuesday, that the exercise was aimed at enthroning a uniform standard for commercial fleet operators in the transport sector.
“This exercise is aimed at setting an acceptable general standard for anybody that will operate commercial transport fleet to attain before commencing such business.
“It is also part of our efforts to ensure maximum safety, conducive atmosphere and an acceptable standard for travellers, drivers and operators to do their transport business without too much difficulty,’’ he said.
He said that the exercise which started on Monday, would end on Thursday.
The sector commander said more operators would be certified after the inspection of loading terminus of transport companies in Enugu, Nsukka and other urban cities in the state.
According to him, the inspection will include checking the safety standards of drivers, vehicles, assessing their terminus, checking their road safety manual and welfare packages for drivers.
Other things to look out for, he added, were provision of conveniences for travellers, training of drivers by authorised driving schools and number of vehicles in the fleet.
He said that commercial fleet operators concerned had been adequately informed of the requirements for the exercise.
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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