Business
Closure Of Ubima Link Road Worries Motorists
Transporters in Rivers
State have condemned the closure of Ubima Link Road, saying it has caused unbearable pains to road users.
A motorist, Mr. Orji-Ugo Ejinmah who spoke with The Tide at the community (Ubima) in Ikwerre Local Government Area on Monday, said the link-road has been of a great help due to its smoothness.
Ejinmah said the Port Harcourt /Owerri Road is not ideal for motorists because of its poor nature occasioned by the ongoing construction work.
According to him, all commercial and private road users heaved a sigh of relief when the Omagwa-Ubima link road became operational.
He regretted how the closure of the link-road was not publicised, saying that concerned authorities should have aired it in order to create awareness.
The motorist also revealed how the closed link road has saved them from the hands of armed-robbers who parade the Port Harcourt/Owerri road on daily basis.
Furthermore, he told The Tide that motorists on the route have now gone back to the status quo, while calling on the road workers to speedup operations in order to re-open the road for public use.
The Tide gathered that it was a twist of fate for motorists that ply the Owerri axis as they met the alternative route (Ubima link road) closed due to the construction work going on in the area.
Before now, as The Tide further learnt, some spots along the Ubima link road had become dangerous which some motorists linked to the urgent closure of the roads.
Some indigenes who craved anonymity said that the road may be soon re-opened due to its busy nature.
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.
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