Business
Customs Boss To Visit Congo
The Comptroller-General of the Nigeria Customs Service, Abdullahi Dikko, is to embark on a two-day visit to the Democratic Republic of Congo.
Mr Wale Adeniyi, the Customs’ Public Relations Officer, newsmen on Monday in Abuja that the visit, billed for between March 10 and March 12, was to discuss issues of common interest.
Adeniyi said the visit would also afford Dikko the opportunity to be present at the regional meeting of the West Africa and Central Africa Directors-General of Customs.
“The meeting is at two levels, the level of experts and the level of the Director-Generals of Customs.
“The meeting of experts would hold two days before the meeting of the Directors-Generals,” he said.
Adeniyi explained that the meeting usually holds annually with 23 customs regional administrations, adding that the last meeting was held in Bamako, Mali, in 2010.
He said it was during the meeting that Nigeria was elected the chairman of the region.
The meeting in Congo, he said, would evaluate the process and challenges in Customs reforms while Nigeria, Ghana, Senegal and the Democratic Republic of Congo would present papers.
He further said issues such as capacity building, financing of regional structure, fight against commercial fraud and inter-connectivity of Customs computer system would be discussed at the meeting.
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.
