Business
Transport Co-Ordinator Cautions Against Corrupt Practices
The Coordinator of the Enugu State Coal City Shuttle Buses, Mr Nnaemeka Ojibe, says staff of the scheme involved in sharp practices will be dealt with.
He told newsmen in Enugu that five drivers had already been sacked for recklessness and other sharp practices.
Reports say that the state government recently inaugurated 30 new shuttle buses for the scheme. This was in addition to the 20 still being used in the initiative.
Ojibe also said he had put in place a mechanism to monitor the activities of the bus drivers, including under cover inspectors and ticket distributors.
He urged passengers to report drivers or attendants who refuse to issue tickets or engage in reckless driving.
“If you are caught without a ticket or if the attendant for whatever or reason says there is no ticket, please, that person is a thief.
“If anything like that happens, just call any of us, call the supervisors to let us know. That person obviously will be arrested,” he said.
Ojibe also announced that the government had reduced the bus fare from N50 to N30 for intra city bus shuttle and N50 for outside the capital.
The coordinator said the office had evolved some incentives for its staff, including accident-free bonus, insurance cover and attractive salary to enable them deliver efficient and effective service.
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.
