Business
NSCDC Arrests 18 Suspected Vandals, Impounds Two Tankers In A’Ibom

Rivers State Head of Service, Barr Samuel LongJohn (right), receiving a report on the verification of the status of Unique Cooperative Society (loan facilitators) from the Solicitor General and Permanent Secretary, Ministry of Justice, Barr Rufus Godwins in Port Harcourt, last Friday.
The Nigerian Security and Civil Defence Corps (NSCDC) said it has arrested 18 suspected vandals in Akwa Ibom State.
The NSCDC Commandant, Mr Pedro Ideba, made this known when he briefed newsmen of the activities of the command in Uyo on Saturday.
Ideba said the NSCDC in the state impounded two tankers and Mercedez Benz laden with adulterated petroleum product.
The commandant said during the period under review, the command arrested 12 suspected vandals of high tension electric cables and Nigeria Telecommunication equipment.
Ideba said six suspects were arrested on December 2, while trying to discharge adulterated kerosene at an illegal filling station at Ikot Ekpene area of the state.
“On Monday, December 2, 2013, the command arrested six suspects, impounded two tankers, one Mercedes Benz and two motorcycles with other equipment at a filling station in Ibiakpan in Ikot Ekpene.
“During the arrest, through intelligence report, these tankers were loaded with kerosene (DPK) products from Calabar depot, and supposed to discharge at Uyo, but rather went to the above filling station.
“They adulterated the tanker load of kerosene with chemicals and changed it to diesel in the process, we monitored their activities and clamped on them and arrested them.
“In the course of our investigation, we discovered that even a seal that supposed to be used only by the depot officers after loading the product to prevent adulteration were in their possession,’’ Ideba said.
The commandant said the hydrometer used in measuring the quality standard of petroleum products were also found with the suspects.
He said the suspects had been in the unlawful business for sometime before luck ran out on them that day.
He said the owner of the Mercedes Benz was at large, adding that the command was making efforts to track him to face the wrath of the law.
The commandant reiterated the NSCDC’s resolve to stamp out oil bunkering and clamp down on those involved in the adulteration of petroleum products in the state.
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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