Business
FRSC Prays For Accident Victims In Mubi
The Federal Road Safety Commission (FRSC), in Mubi Adamawa, yesterday organised a special prayer session for accident victims in Nigeria.
The prayers were held at MubiCentral Mosque for the repose of th souls of the dead and quick recovery of the wounded in road accidents.
The FRSC Unit Commander, Mr Yauba Duhu, said the prayer session was part of activities designed to reduce the rate of accidents on Nigerian roads.
Duhu said the unit had also embarked on an enlightenment campaign to sensitise motorists on the need to imbibe the culture of safe driving.
He said the unit was reaching out to motor parks and market places to educate drivers and commercial motorcyclists on the need to obey traffic rules and regulations.
“The unit is distributing stickers, posters and pamphlets to educate drivers and other road users on traffic regulations.
“Records have shown that most of the accidents are due to reckless driving,” Duhu said.
He said the unit had adopted effective measures to ensure safety on the road.
The commander urged the National Union of Road Transports Workers (NURTW) to educate its members on the need to observe traffic regulations, check underage driving and ensure road worthiness of vehicles.
According to him, the unit is also working with community and religious leaders to sensitise motorcyclists on the need to obey traffic rules.
Hundreds of people, including members of the NURTW and community leaders, participated in the prayer session.
Business
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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.
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