Business
Freight Forwarders Back Customs Chief
Some licensed customs
agents have thrown their weight behind the Nigeria Customs Service (NCS), custom Area Controller (CAC), Apapa Area 1 Command, Comptroller Charles Edike’s resolve to tackle the challenge poised by poor service delivery of concessionaires in Lagos Port Complex (LPC).
The licensed custom agents, who spoke to newsmen, said the only way to address the excesses of the concessionaires and the service providers in the nation’s seaports especially in LPC, was to tackle them headlong.
They argued that if the concessionaires and service providers continue to operate without any challenge from the authorities, they would continue to deliver poor services in spite of their arbitrary charges.
A veteran licensed custom agent, Prince Olusegun Ologbese, told newsmen in Lagos that the resolve of Mr Edike to make sure that the concessionaires and the service providers do the right thing, in line with the provisions of the agreement they signed with the federal government through the Nigerian Ports Authority (NPA) is commendable.
He condemned the poor working environment in Apapa Quay concessioned to APM Terminals Apapa Limited, particularly the physical examination site, noting that it was unacceptable to Nigerians.
Ologbese who is also the Managing Director and Chief Executive Officer of Ogbese International Limited said the action of Apapa Customs CAC Comptroller Charles Edike is appreciated as it will ginger the concessionaire to begin measures to reduce the situation.
According to him, APM Terminals’ Current Physical examination area was nothing but a bare footed floor and makes its tedious for officers and men of Nigeria customs service, importers and freight forwarders to carry out their jobs effectively.
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.
