Business
Fresh Unrest Disrupts Business Activities In Kaduna
Business activities in Kaduna metropolis were on Tuesday disrupted following a fresh youth restiveness, our correspondent reports.
Our correspondents reports that there was a pandemonium in the city centre as residents, including civil servants and traders, were seen running to security establishments and worship places for protection.
Markets, motor parks, banks and public offices were hurriedly closed due to the unrest.
Billowing smoke was sighted around Tudun Wada, Rigasa, Tudun Nupawa and Nasarawa areas as aggrieved youths took arms in continuation of the violence that erupted in the city on Sunday.
Some security personnel drafted to quell the situation and innocent persons were seen with various degrees of injury following the unrest.
However, the special security task force code named “Operation Yaki’’ and other security agencies have been deployed to contain the situation.
Sporadic gun shots were heard from distances, but our correspondents could not ascertain the number of casualties and property affected.
The state’s police command confirmed the violence, and said that adequate personnel had been deployed to all the affected areas.
The Police Public Relations Officer, Mr Aminu Lawal, who declined further comment, said that the Commissioner of Police Mr Jinjiri Abubakar, would brief newsmen on the situation at later.
It will be recalled that three churches in Zaria and Kaduna were attacked by suicide bombers on Sunday June 17.
Several lives and property were lost to the mayhem, while a 24-hour curfew was imposed on the state to restore normalcy.
The curfew was on Monday reduced by 12 hours, but the state government has re-imposed a 24-hour curfew in the state.
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.
