Business
‘FEMA Saved N3.7bn Property, 435 Lives In 2014’
The Federal Capital Ter
ritory Emergency Management Agency (FEMA) has said that it saved 435 lives and property worth N3.71 billion in between January and October 2014 through prompt response to emergency calls.
The Director of FEMA, Alhaji Abbas Idris, who disclosed this in an interview with Journalists in Abuja, expressed the agency’s resolve to improve its emergency services in 2015.
Idris said that the agency would achieve this by promptly responding to disasters within the territory, to save more lives and property of residents.
“We were able to save 3.7 billion naira worth of property as well as 435 lives through our emergency services between January and October 2014, and we intend to improve on this.
“The issue of fire outbreak was particularly prevalent during the festive period when some people travelled out of their homes without switching off their appliances.
“During the yuletide season, we recorded an average of five to seven fire outbreaks in various parts of Abuja and we were able to respond to them appropriately”, the FEMA director said.
Idris advised FCT residents to turn off electrical appliances when they leave their homes and to avoid bush-burning, adding that the agency would embark on the sensitisation of residents on how to manage emergency situations.
He said “we are planning to embark on a sensitisation and town hall meetings with residents of the FCT as a way of providing them with the basic information on how to tackle various emergencies”.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
News3 days ago2026 Budget: FG Allocates N12.78bn For Census, NPC Vehicles
-
Sports3 days agoAFCON: Osimhen, Lookman Threaten Algeria’s Record
-
Politics3 days agoWike’s LGAs Tour Violates Electoral Laws — Sara-Igbe
-
Politics3 days agoRivers Political Crisis: PANDEF Urges Restraint, Mutual Forbearance
-
Sports3 days agoArsenal must win trophies to leave legacy – Arteta
-
Sports3 days agoPalace ready To Sell Guehi For Right Price
-
Sports3 days agoTottenham Captain Criticises Club’s Hierarchy
-
Maritime3 days agoMARITIME JOURNALISTS TO HONOUR EX-NIWA MD,OYEBAMIJI OVER MEDIA SUPPORT
