Business
RSG Threatens Telecom Operators Over Mast

Minister of State for Petroleum Resources, Dr Emmanuel Ibe Kachikwu (2nd right), arriving for his appearance before the Senate Committee on Petroleum Upstream, at the National Assembly, in Abuja, recently.
The Rivers State Government has threatened to shut down any telecommunications mast in the state that is not properly maintained.
The commissioner for Urban Development and Physical Planning, Sir Chinyere Igwe, who said this in a press release made available to newsmen in Port Harcourt, also accused telecommunications operators in the state of turning their masts into criminal hub and as location for various illegal activities.
He accused most telecommunications operators of not properly maintaining their masts in line with extant regulations.
“It has come to the notice of the Hon. Commissioner, Ministry of Urban Development and physical planning that telecommunications network operators in Rivers State have turned their mast transformer to criminals hub and various kinds of illegal activities.
“The Hon Commissioner also observed that the masts are not properly maintained in line with extant regulations”.
It urged the operators to ensure proper security and maintenance of masts as well as the surrounding environment, as any such further discovery around the mast would result to shutting down of such mast at the owners’ risk.
Meanwhile, the commissioner for Urban Development and physical planning, Sir Chinyere Igwe says the on-going demolition of illegal structures in Port Harcourt City and its its environment is not meant to witchhunt anybody.
Sir Igwe who said this in an interview with newsmen in Port Harcourt said that the exercise was meant to restore the city of Port Harcourt to its garden city status.
He also said that the ministry will extend the exercise to other towns and villages in the state.
The commissioner also warned against the proliferations of illegal trading posts and parks in the city and disclosed plans by the ministry to enforce laws against street trading in Port Harcourt and its environs.
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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