Business
Commissioner Warns Trespassers On Govt Property

Scene of fire incident at a section of Ladipo Auto Market in Mushin, Lagos State, on Wednesday
The Rivers State
Government has issued a warning to trespassers on government property.
The state commissioner for Housing, Mr. Emma Okah, gave this warning during his inspection visit to the proposed site for Government Residential Area (GRA), Phase 12, at Eneka.
He warned the public to desist from buying land from vendors, speculators and developers who fraudulently selL government acquired land.
He condemned the rate at which trespassers construct houses without authorization or permit on the Eneka property saying, “those buying, selling or developing lands belonging to the Rivers State Government should stay action or do so at their own risk,” and assured that those houses would be demolished soon.
Okah stated that several warnings had been made in the past, stressing that buyers and developers failed to heed the repeated warnings by government to stay away from such land.
The Housing Commissioner stated that the demolition notice became necessary to notify all illegal occupants of the Eneka land that government was set to carry out development plans on that land.
According to him, “no effort would be spared to destroy all houses built on the Eneka land to enable the ministry carry out its development plans as such persons, together with their collaborators, face the chances of imprisonment for criminal trespass.”
He also warned all illegal occupants of government houses at the Iriebe Satellite Town to vacate within seven days or face being forcefully evicted.
Okah advised the public to clarify the status of any land they intend to purchase through the ministry or Office of the Surveyor General of the state, saying it was imperative to do so to avoid being duped.
Tonye Nria-Dappa
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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