Business
Customs Tasks Officers On Smuggling
The Customs Federal Operations Unit (FOU), Ikeja, on Tuesday asked officers of the unit to re-strategise in order to improve on their anti-smuggling activities. Mr Uche Ejesieme, the Public Relations Officer of the unit, told the News Agency of Nigerian (NAN) that the Area Controller, Mr Dan Ugo, had released a road map on the new vision. Ejesieme said that the road map would assist the officers to properly secure the borders and actualise the vision of the service.
He warned smugglers to keep off the border posts, adding that the service was ready to enforce government’s anti-smuggling policy. · Cue in audio “At the FOU here, we are ever ready, we are prepared and we are ready to wreak havoc on anybody who tries to go against the Federal Government policy in terms of trade and others. “So we are fully prepared. We have the human capacity, we have what it takes to fight smuggling and we would not relent. We are monitoring every place in the South West.“ · Cue out audio The PRO said that the Comptroller-General of Custom Dr Abdulahi Dikko-Inde had been retraining officers and also provided some patrol equipment to complement the effort of the officers in 2013.
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
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