Business
FRSC Proposes More Road Signs In Oyo

L-R: Second Trustee, National Union of Road Transport Workers, Rivers State Branch, Mr Chukwudi Eluozo, Deputy State Chairman, Mr Ominiayebagha Kalango and Sector Commander, Federal Road Safety Corps, Rivers Sr Sunday Oghenekaro, during a sensitization visit by the Commander to nurtw office in Port Harcourt, recently. Photo: NAN
The Sector Commander of Federal Road Safety Corps (FRSC) in Oyo State, Mr Godwin Ogagaoghene, has reiterated the need to erect more road signs in the state.
Ogagaoghene told newsmen on Monday in Ibadan that road signs play vital roles in preventing road traffic accidents.
He listed the different signs to include warning or danger, regulatory, informative signs and pavement markings.
“Road signs should come along with every new road slated for inauguration and it is the responsibility of the authority providing the road to include road signs in their budget.
“Sincerely, no road should be deemed completed without signs.
“We should stop building roads for convenience without first considering relative safety issues,” he said.
Ogagaoghene said signs were important because they offer guidance, warning and direction to motorists and other road users.
The FRSC boss, however, expressed concern that most roads do not have signs, adding that the commission had been actively involved in creating awareness and ensuring that road users complied with instructions from road signs.
He also disclosed that the commission often paid visits to motor parks to enlighten residents, saying many motorists were senstised during such programmes.
Ogagaoghene said further that training programmes for both religious and secular organisations were being organised on regular basis.
“We have also made it mandatory for every fresh applicant for drivers’ licence to go through a driving school where these signs are taught,” he said.
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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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