Business
PHCN Partners Security Agencies To Curb Vandalism
Mr Samuel Onu, Manager, Public Affairs, PHCN Kubwa Business Unit, says the district is partnering with security agencies to curb the vandalism of PHCN facilities in the area.
Onu made this known in Abuja last Friday in an interview with newsmen
“Yes, our cable networks are being vandalised and the moment some portions are vandalised people always think that such areas are deliberately put in darkness; but of late we have not recorded any such incident.
“However, we are working hand in hand with the security agencies to curb the vandalism of PHCN’s infrastructure and they are quite up and doing.
On the distribution of free prepaid meters to customers in the district, Onu appealed to them to be patient, adding that the management was making efforts to ensure that the meters go round.
“Our customers are kings, and we will do all that is possible within our reach to make them comfortable.
“In this respect, we have started with this issue of free metering, and I want to use this medium to tell our esteemed customers that they should be patient that these meters will go round and everybody will have his or her premises installed or metered.’’
Onu decried the ill-treatment of PHCN officials by some consumers in the district and urged them to desist from the attacking the officials while carrying out their lawful duties.
The manager called on customers to support and cooperate with PHCN officials to enable them perform optimally.
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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