Business
Immigration Boss Seeks Co-operation Among Stakeholders
Stakeholders at the busiest
Seme-Krake border, a neighbouring town of the Republic of Benin and Nigeria have been called upon to chart a new course by collectively conducting a diagnosis of its problems.
The newly deployed Immigration Service Controller, Seme borders, Compt. John S. Uebari made the call at the stakeholders meeting held in Seme borders, Lagos recently.
He remarked that through joint efforts, the human traffic at the border could be resolved.
Comptroller Uebari urged stakeholders operating in the area to exhibit trust and co-operation in dealing with the service and other government security agencies, adding that by virtue of that power conferred on the immigration service by the federal government to checkmate the influx of illegal immigrant as coming into the country without valued documents as well as proper documentation of person coming in and out of the country.
The Immigration boss, said that the business community operating within the ambit of law has nothing to fear, assuring them of a friendly border environment, adding that any hoodlum caught by his men would have him or herself to blame, as he is there to enforce the Comptroller General of Immigration Service ten-point agenda to the latter.
According to him, “if you, Okada riders, traditional rulers along the borderline show serious commitment to assist the security agencies, the work would be easier since we are working toward one goal”, he said
He advised them to go home and form a strong union at the both ends, Nigeria and the neighbouring Benin side, which would serve as a bridge or liaison for disseminating information and a think-tank for the business community.
Uebari posited that with the consultative forum in place, it would be easier for all the stakeholders to engage in continuous dialogue.
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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