Business
FCT Residents Advise Govt On Road Checks
Residents and commuters
plying the Abuja-Keffi Road have called on the authorities to adopt modern techniques for security checks to allow free flow of traffic on the route.
The Tide reports that the military mounted security checkpoints along the road using manual checks to detect criminals.
This followed the April 14 bomb blast that occurred at Nyanya Motor Park, which claimed many lives and property.
Reacting to the development, motorists and commuters told journalists in Abuja that the manual check by soldiers was causing an unprecedented gridlock, resulting in the loss of man hours.
Mr Tony Okewu, a resident of Mararaba, Nasarawa State, located along the road, said the traffic jam was uncalled for as the government could afford modern security gadgets to detect bombs and other dangerous weapons.
‘The traffic is really hectic; the method of checking is analogue; government should get digitalised equipment that will easily detect explosives from afar,’’ Okewu said.
Another commuter, Mr Uche Njoku, decried the situation and asked: “For how long will we continue to suffer like this?’’.
Njoku, a civil servant, said that since the road block was erected on Thursday, he spent at least three hours daily to get to work.
Mrs Christiana Gimba, a resident of Nyanya, said that she paid N500 for ride on a motorcycle from Nyanya to AYA to escape the holdup.
“I had to pay N500 to a bike man from Nyanya to AYA so that I can get to the office on time. That was a huge risk I took because of the danger involved in plying a highway on a bike. It’s not funny at all.
“The situation now makes me spend double out of my budget because on a normal day N500 is my fare for the whole day,’’ Gimba said.
Another road user who was stuck in the gridlock, Ms Lucy Okere, described the situation as unfair, saying there were better ways to conduct such checks without causing such nuisance.
She advised government to seek external help or advice on how to tackle the security challenge without making the masses experience much difficulties.
The traffic jam, which spanned beyond Mararaba, caused some stranded commuters, to walk from Mararaba to AYA, a distance of 10km, to board vehicles to the city centre.
Some who ventured to ride on motorcycles paid triple the normal fares.
Business
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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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