Business
‘Don’t Cover Road Signs With Posters’
The Federal Road Safety Commission (FRSC) has urged politicians and their supporters to desist from covering road signs with posters, saying the action was inimical to safety on roads.
The Zonal Commanding Officer in charge of Ogun and Lagos States, Mr Godwin Ogagaoghene, told the newsmen that safety on roads was the responsibility of everyone.
Ogagaoghene said the habit of covering road signs with posters was dangerous to the safety of road users and all hands must be on deck to stop the practice.
“The signs are there but the politicians’ posters and obituary posters have covered them from being seen.
“All the speed limit signs and other road furniture that give warnings, information and direction have been blocked with posters.
“We should leave them open to safeguard the lives of people using roads, especially during this time when vehicular movement has increased because of the forthcoming festive season,’’ Ogagaoghene said.
He described the culture of destroying traffic lights and road signs with protests as unacceptable.
Also speaking, the Lagos State Sector Commander of the commission, Mr Hyginus Omeje, said that covering road signs with posters usually become worse during election periods.
“We want to condemn every act of covering road furniture with posters. We always witness this during electioneering campaigns and politicians have started releasing their posters.
“I want to appeal to the politicians not to use these posters to cover traffic signs. It is very important that we allow these signs to be visible for our safety.
“It is an act of wickedness to use posters to cover road signs that government used the tax payers’ money to install for the purpose of guiding motorists.
“The signs are there to caution motorists so as to reduce avoidable losses on the road,’’ Omeje told reporters.
The sector commander urged the motoring public to be more proactive on issues that have to do with the safety of lives and property on our roads.
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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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