Business
NRC Flays Accidents At Railway Crossings
The Nigeria Railway Corporation (NRC), has expressed concern over the increasing rates of accidents along railway crossings in the country.
The NRC Director of Administration, Dr Aminu Gusau, said while on a courtesy visit to Governor Mukhtar Yero in Kaduna, that the accidents were caused largely due to absence of barriers at railway crossings.
Gusau noted that several lives and properties were being lost daily, and solicited the support of states and local governments to erect barriers along the crossings.
“ If a train is coming and a vehicle or pedestrian is also coming, we usually have somebody who would control the traffic and notify incoming cars of the danger ahead. This will help save lives.”
He also attributed the spate of accidents to the erection of structures close to rail lines and non-compliance to traffic rules.
Gusau called on the Kaduna State Government to ratify the Memorandum of Understanding (MoU) agreed between it and the corporation for the supply of diesel to run the state’s mass train transport in the northern district.
The director also appealed to the state government to assist in protecting NRC property against encroachment and vandalism.
He said work on the 250km per hour railway system between Abuja and Kaduna had begun, adding that the Lagos-Ajakouta project and that of Lagos-Kano had been completed.
Responding on behalf of Yero, Deputy Governor Amb. Nuhu Bajoga, assured the corporation of the state government’s support.
He described the railway transport system as the cheapest and fastest means of transportation, adding that the state government would continue to partner with the NRC to sustain it.
“Railway has touched our lives in the past, when railway died, Kafanchan died.
“We are happy that the government is coming back now with the policy of revamping the railway transport because it has been the mainstream of the transport system in the developed world.”
Business
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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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