Business
Rivers FRSC Boss Cautions Motorists on Wet Roads
As the rainy season sets in, motorists especially fleet operators have again been cautioned to take precautionary measures against any form of road crashes, undue delay and vehicle abuse.
The Sector Commander, Federal Road Safety Corps (FRSC), Rivers State sector command, Sunday Oghenekaro gave the warning at the 2015 2nd quarter stakeholders forum held at the Command’s conference room in Port Harcourt on Thursday.
Oghenekaro said because of the slippery road condition during this season, it is important that drivers ensure that their windscreen, wiper and wiper-washers are in perfect condition.
He said the level of inflation, quality and condition of their motor tyres should also be given serious attention, as tyres with expired lifespan are dangerous, and could cause road accidents.
According to him, they should ensure that they operate within the prevalent condition and regulate the speed limit recommended for the type of vehicle and road, adding that they should regularly maintain and review the condition of their vehicles.
The Rivers State FRSC boss also warned motorists to ensure that their vehicles did not emit excessive smoke on the road which could obscure the vision of other drivers in a lazy weather, as well as to avoid the risks in the use of mobile phone while driving.
He emphasised that over-speeding and ingestion of alcohol and drugs before or while driving should be avoided, saying that road safety is a shared responsibility and all should promote safety on the road.
Preventive actions are much cheaper and safer then the penalty for neglect, he further stressed and enjoined all to be safety conscious all year road.
Collins Barasimeye
Business
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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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