Business
Copyright Commission Wants Stakeholders’ Support Against Piracy
Worried by the rate of ir
regularities in the entertainment business, the Nigerian Copyright Commission (NCC) has urged stakeholders in the industry to support the commission to fight piracy.
Making the call in Lagos while interacting with journalists, the Lagos Zonal Manager of the Commission, Mr Chris Nkwocha, said the problem of piracy was getting worse by the day and that the fight against it could not be fought alone without the support of stakeholders in the industry.
“Stakeholders have been supportive but need to put in more efforts to support the struggle.
“Piracy challenges have become a burden to practitioners in the industry.
“The commission will not tolerate piracy in the country, we will not relent in our efforts to tackle the piracy scourge in the country”, he said.
Nkwocha said that the commission, with the assistance of the Nigerian Publishers Association, made seizures of pirated goods worth N3.5 million between October and November 2014.
“The Nigerian Police and the Publishers Association have been supportive in fighting piracy in the country.
“The commission cannot do it alone, it requires the support of stakeholders and Nigerians”, he stated.
According to him, security agencies usually go out with officials of the commission to give them the necessary backing.
The zonal manager said that since the commission was established about 18 years ago, there had been a lot of public enlightenment programmes that have focused on educating the masses on the right owners of intellectual works.
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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