Business
Lagos Airport’s Clash: NAHCO’s Warehouse Remains Shut
The warehouse of the
Nigerian Aviation Handling Company (NAHCO) at the Lagos Airport has remained closed, after the clash between clearing agents and officials of the Nigerian Customs Service (NCS) on Wednesday.
The spokesman of NAHCO, Mr Sanya Onayoade, told newsmen in Lagos on Thursday that the warehouse would remain closed “until the issues that led to the clash are resolved’’.
The fracas erupted following an alleged manhandling of a senior Customs officer at the warehouse by clearing agents.
Trouble started when the Customs Area Comptroller, Mr Taju Olarewaju, attempted to enter NAHCO’s warehouse as part of measures to implement reforms that would make the clearing of goods seamless.
But a misunderstanding between him and the clearing agents resulted to sporadic gunshots, forcing people at the cargo terminal to scamper for their lives.
Business activities were also disrupted at the airport.
Onayoade said that as soon as the crisis is settled by the two parties, cargo clearing activities would resume at the airport, assuring that the goods in the warehouse were safe.
He appealed to the warring parties to settle their differences in the interest of cargo owners.
Eye withness at the NAHCO Shed observed security operatives checking movement of people in and out of the area.
Some anti-riot policemen with an Amoured Personnel Carrier and eight pick-up vans belonging to the NCS were also stationed near the warehouse to forestall further breakdown of law and order.
A senior customs officer, who pleaded anonymity, told Journalists that the NCS was on top of the situation, appealing to all the parties to give peace a chance.
The Public Relations Officer of the Association of Nigerian Licensed Customs Agents, (ANLCA) Mr Emmanuel Njoku, did not pick his call when The Tide source called to seek his comments on the development.
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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