Business
FRSC Tasks RSG On Solar Traffic Lights
The Federal Road Safety Corps (FRSC) has called on the Rivers State Government to install solar-powered traffic lights at strategic locations in Port Harcourt metropolis in order to reduce traffic congestion in the state capital.
The FRSC Sector Commander in the state, Mr. Kayode Olagunju stated this in an interview with newsmen shortly after flagging-off the corps’ “Ember Months” enlightenment campaign in Port Harcourt.
Expressing concern over the careless and indiscriminate making of U-turns by some drivers, the sector commander stated that the FRSC will be firm and uncompromising in visiting appropriate sanctions on defaulting drivers.
He however, called on passengers to inspect vehicles for road worthiness as well as confirm that drivers were not under the influence of alcohol as they board such vehicles.
He said the Ember months enlightenment campaign would be extensive and urged passengers to call 122 when in distress.
Also speaking with newsmen at the flag-off of the FRSC enlightenment campaign, the Executive Director of Rivers Transport Company, Pastor Eyo Bassey called on passengers to be security and safety conscious.
He warned against boarding buses on the road instead of the parks. “Go to parks where manifest and other particulars on the vehicles are taken,” he advised.
Bassey said RTC subjects its drivers to periodic tests and safety standards. “We don’t sell alcohol drinks in our parks,” he further stated.
The RTC boss commended the FRSC for flagging off its enlightenment campaign at RTC headquarters and assured that the company’s drivers will benefit from the campaign.
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.
