Business
Vehicle Tracking – Asset Monitoring Solutions
Concept Nova, Nigeria’s most innovative Information Technology Company is proud to announce the launch of a
brand new Mobile App called “NovaTrak”
This app which is now available for download on Google Play Store on Android devices has been designed to enable new and old Concept Nova clients monitor their asset (cars, trucks, containers, ships etc…) anywhere and at any time, via an internet enabled android device.
Other features of this Mobile App includes:
- Detailed reporting on how long asset has been placed on idling
- Determine the location of asset, (know where a vehicle has visited, time spent at the location, fuel consumption etc…)
- Receive notifications on restrictions set, when specific actions occur (e.g. over speeding, geo-fence, ignition on/off)
- Alerts on maintenance scheduling
- Improves driver behaviour (due to effective monitoring)
- Effective fuel-monitoring solution
This app further enables individual’s access unique product offerings by Concept Nova
Itiekhao Ikpeminogena, General Manager, Concept Nova speaking on the development said: “At Concept Nova, we are excited about the launch of this brilliant mobile App which further extends the convenience of ease of asset control using any of our tracking products, as well as the ability to access self-enabling features such as Over Speeding, Geo-Fencing and alerts when a vehicle’s ignition has been turned off/on. This app creation is hopefully the beginning of greater things as Concept Nova continues to develop new innovative products across all levels in Nigeria”.
The app interface built with functionalities like “search” and “browse” to ensure both new and old customers enjoy full control of their assets at any given time.
Download the NOVATRAK App from the Google Play Store on http://bit.ly/NovaTrak
Concept Nova is a proudly Nigerian company and can be contact on or visit http://www.concept-nova.com/novatrak/help to learn more.
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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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