Business
Customs Ejects Illegal Occupants From Barracks
The Nigerian Customs
Service (NCS) has embarked on the ejection of all illegal occupants from its barracks across the country.
This exercise follows the earlier notice which was given by the customs authority demanding all occupants of customs barracks across the country whose stay there is not authorised by the right authority to vacate their accommodation.
Affected in the exercise are those who have retired from the service, and are still occupying such apartments; those that are squatting with friends or relatives, as well as those who through one way or another made their way to the barracks, but their residence in the barracks is unknown to the appropriate customs authority.
According to the customs spokes man Wale Adeniyi, the authorities of the NCS have to embark on the eviction exercise due to numerous abuse of accommodation processes in the barracks across the country.
He said that a notice to that effect had been issued earlier in February this year, pointing out that the customs authority will no longer fold its hand and watch some persons abuse the processes of securing accommodations in the barracks across the country.
For those who have retired from service, but are yet to receive their gratuities, the customs spokes man said that the non payment of gratuities is not enough reason that will make any retired officer still stay in the barracks.
Adeniyi therefore urged the affected persons to comply with the order, as those who will resist will be ejected by force.
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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