Business
Customs Takes Over Service Providers’ Jobs, Nov
The Nigeiran Customs
Service (NCS) is to take over all operations of the service providers across the country with effect from November 30, 2013.
To this end, The Tide has reliably gathered that the Federal Government has given November 30 as deadline to all service providers such as scanner operators and other electronic customs services in customs formations across the country within which to hand over to the NCS, all things being equal.
Dropping this hint with The Tide in Port Harcourt, the Customs Public Relations Officer (CPRO), Area One Command, Port Harcourt, Mr Samuel Harry, said that a high powered committee has already been set up by the Federal Government to ascertain the level of preparedness of the NCS to take over such functions.
Harry explained that the level of efficiency in the handling of the services of the service providers will determine whether or not the handover deadline will be realisable.
The customs area PRO said that the committee comprising of officers from the Federal Minsitry of Finance, and the NCS is going round customs formations, for which they just visited the Port Harcourt Area One Command to ascertain the things on ground, and to find out if customs is capable of handling the equipment and machines without hitch.
He said that the handover to the customs by the service providers like the Webfoundatain, SGS among others at the ports will depend on the committee’s recommendation.
It would be recalled that the service providers were engaged by the Federal Government to provide certain services like scanning of goods and provision of electrobnic customs otherwise known as ASYCUDA plus for quick cargo clearance as well as train and handover operations to the customs.
Corlins Walter
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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