Business
Board Rids Nigerian Markets Of Unclassified, Substandard Films
The Director-General of
the National Film and Video Censors Board (NFVCB), Ms Patricia Bala, has said that the board was intensifying efforts to rid Nigerian markets of unclassified and substandard films.
Bala told newsmen that unregistered distributors were responsible for the influx of inferior films into the market for unsuspecting buyers.
“Our emphasis will be on monitoring and enforcement because we want to clear the market of unwholesome films.
“There have been so many; and most of those who sell on unwholesome content are people who are not registered with us and they are always on the move.
“They don’t come out during the day time. It is when we have closed for the day; they go under the bridges and begin to sell.
“They don’t stay there for 10 minutes. Once, they open their bags and they start selling they pack it up and them move again to another location.
“Of recent, we have been going round and picking up a lot of uncensored movies and we have penalised some of them.
“Very soon, we will be burning the movies that will seized,” Bala added.
On imported films with unpleasant storylines, the director- general said it was difficult checking such films, stressing that most times, what they do is that they bring in one or two copies and they claim it’s for their personal use. So if they are buying for their own personal use, you cannot stop them from bringing them in.
“However, when they come in they now go and replicate and then push it into the market and that is wrong.
“ Even, if they bring it in and want to sell it, they are supposed to bring it to the board for classification, but they don’t do so, stressing that because of that, we have to go to the market, monitor it and then pick it up from the market. That is the way we make sure that films we have not approved are not sold in the market,“ she said.
She disclosed that the various security agencies in the country lent the board the necessary support in discharging its responsibilities regarding enforcement.
The director-general revealed they arrested some sellers of unclassified films, saying security agents will soon prosecute the culprits.
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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