Business
Corps Member Donates 100 Helmets To Cyclists
Mr Okorite Isokariari, a corps member in Olorunda Local Government Area of Osun, on Saturday, donated 100 safety helmets to commercial motorcyclists in Osogbo.
Isokariari said that the donation was borne out of the danger and risk associated with the business.
He observed that many commercial motorcyclists in the state capital rode without using safety helmets, adding that the lack of funds was responsible for their inability to purchase them.
He urged well meaning Nigerians to donate more helmets to assist financially handicapped commercial motorcyclists.
Isokariari, with NYSC number OS/10c/0382, and attached to the Federal Road Safety Commission (FRSC) in Osogbo, said that the gesture was part of his Community Development Service.
The corps member also distributed 100 trash bins to commercial minibus drivers as a way of keeping the state capital clean.
He urged the beneficiaries to keep the bins in their vehicles.
In his remark, the state Chairman of Motorcycle Transport Union of Nigeria, Mr Gbenga Ajenifuja, commended the initiative of the corps member and urged the beneficiaries to make judicious use of the helmets.
In his remark, the FRSC Zonal Commander, Mr Albert Moore, urged all motorcycle riders to always wear safety helmets.
Moore, who was represented at the occasion by the Zonal Head of Motor Vehicle Administration, Mrs Cecilia Alao, said that the directive was for the benefit of the users.
Some of the beneficiaries who spoke commended the corps member for his kind gesture.
Mr Nurudeen Alatise, a beneficiary, urged the officials of the local government to always remember the less privileged in their area.
Another beneficiary, Suleiman Omotoso, expressed appreciation for the kind gesture, describing the donation as an answer to his prayer.
Omotosho, an orphan, admitted that it was against traffic rule to ride motorcycle without a helmet, but said that his lean financial purse prevented him from purchasing one.
He promised to always make use of it whenever he rode his motorcycle.
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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.
