Business
Maritime Bodies Train Freight Forwarders
The Institute of Freight Forwarders of Nigeria (IFFN) said on Thursday that it was collaborating with the Council for Regulation of Freight Forwarding in Nigeria (CRFFN) to train freight forwarders.
Mr Ademola Irinyemi, the Registrar and Executive Secretary of IFFN, told the News Agency of Nigeria (NAN) in Lagos that the institute would provide the expertise while CRFFN would provide the logistics.
He said that the CRFFN had commenced a training programme for Chief Executive Officers of freight forwarding companies, adding that the first batch of such training was held in May.
Irinyemi said the second batch of the training “is currently in progress in Lagos’’.
“The IFFN is now the technical partner of CRFFN and is assisting the government in providing quality training for industry players, aimed at intimating them with global best practices.
“The CRFFN is the apex body for regulation of freight forwarding practice in Nigeria and to a very great extent, has been coming up with brilliant ideas and living up to expectations since inception in 2007.’’
Irinyemi said the nationwide training programme was first held in Lagos and would subsequently be taken to Port Harcourt, Abuja and Kano.
He said the CRFFN would also organise a certificate programme in July in collaboration with the IFFN, accredited institutions, universities and other training institutes for freight forwarders.
The IFFN chief appealed to the Federal Government, industry players, associations and agencies to assist the institute to ensure that all operators in freight forwarding embrace global best practices.
Irinyemi said that with global best practices, the international community would be able to patronise indigenous freight forwarders to handle their business transactions.
“My advocacy is that CRFFN should be encouraged by all and allowed to carry on its good work.
“Our partnership with CRFFN will change the way freight forwarding is done in Nigeria and give us a new lease of life.”
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
-
News2 days ago2026 Budget: FG Allocates N12.78bn For Census, NPC Vehicles
-
Sports2 days agoAFCON: Osimhen, Lookman Threaten Algeria’s Record
-
Politics2 days agoWike’s LGAs Tour Violates Electoral Laws — Sara-Igbe
-
Politics2 days agoRivers Political Crisis: PANDEF Urges Restraint, Mutual Forbearance
-
Maritime2 days agoMARITIME JOURNALISTS TO HONOUR EX-NIWA MD,OYEBAMIJI OVER MEDIA SUPPORT
-
Sports2 days agoArsenal must win trophies to leave legacy – Arteta
-
Sports2 days agoPalace ready To Sell Guehi For Right Price
-
Sports2 days agoTottenham Captain Criticises Club’s Hierarchy
