Business
Abuja Hotels Record Low Patronage During Eid-el-Kabir
Hotels in Abuja recorded low patronage as Muslims celebrate Eld-el-Kabir after alleged threat by Boko Haram sect to attack the city. Our correspondents, who went round major hotels in the city centre on Monday, report that security was beefed up at Abuja Sharaton Hotel and Towels, Transcorp Hilton Hotel and the Luxury Hotel in the city.
The hotels were devoid of the crowd synonymous with festive periods.
Some of the hotel staff said that the low patronage was not unusual, saying it had nothing to do with the threat.
“It is not unusual to have low patronage at a time like this because it is Sallah and most people are at home celebrating with their families,’’ the Duty Manager of Transcorp Hilton Hotel said on condition of anonymity.
She explained that those who needed to stay in the hotels were there, adding that activities were going on unhindered.
Meanwhile, motorists had to spend time with security operatives for their vehicles to be searched before driving into the hotel premises.
It was further gathered that major streets within the city centre were also devoid of heavy traffic as few taxis were seen plying the major routes.
In Gwagwalada, a satellite town in the FCT, buses filed the El-Rufai bus stop and other bus stops in the town as there were few passengers on the roads.
Transporters were seen lobbying few available passengers to board their vehicles, a contrast to what the situation used to be during festive periods when they normally took advantage of the large turnout of commuters to hike fare.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics5 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business4 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports4 days agoJ And T Dynasty Set To Move Players To Europe
-
Politics5 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Business5 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics5 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business5 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment5 days agoAdekunle Gold, Simi Welcome Twin Babies
