Business
Ariaria Traders Want Fire Service Station
Traders in Ariaria International Market in Aba, the commercial hub of Abia, have appealed to the state government to establish a fire station in the market as a matter of priority.
Chief Stanley Ijeoma, the Chairman, Ariaria Market Traders Association, told newsmen in an interview in Aba on Monday, that it would help to address the incessant fire outbreaks in the market.
He explained that the traders and small-scale industrialists in the market had suffered huge losses from fire outbreaks that could have been averted, if there had been a fire station in the market.
He recalled that the market had a fire station at inception which closed down indefinitely due to the lack of interest by the past administrations in the state.
“We do not have fire-fighting equipment in the market as at today.
“A previous administration had shut down the obsolete no longer good for use fire station, leaving the market without any,” he said.
Ijeoma said that the market at present , was without the services of firemen and fighting equipment, adding that the situation was worrisome.
He appealed to Gov. Theodore Orji to re-establish a fire station to protect the property of traders in the event of a fire outbreak.
The association chairman noted that the market was also lacking several other infrastructure, including accessible road network, water and electricity.
“ You need to come to the market and see for yourself what the traders and customers suffer during rainy season.
“You cannot enter “A’’ line if it is raining; but we are making efforts with the 102 line chairmen in the market for proper administration.
“ Our clothes get soaked with dirty water from blocked gutter; customers hardly come to patronise us; this is just a little of what we go through in the market,” he said.
Tides source reports that the indiscriminate electrical installations by the traders are said to be among the major causes of fire outbreaks in the market.
But Ijeoma said that the problem was already being addressed by a private firm contracted by the traders.
Business
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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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