Business
Police Move To Flush Out Land Grabbers In Lagos, Ogun
The police have warned
land grabbers terrorising some residents of Lagos and Ogun States to desist from it or face the full weight of the law.
Assistant Inspector General of Police (AIG), Zone 2, Mr Abdul-Majid Ali, gave the warning at a meeting with senior police officers and some stakeholders in Lagos.
Ali, who said the practice was unacceptable, directed Commissioners of Police and anti-crime teams in Lagos and Ogun State to dislodge the hoodlums.
Ali said he had received more than 300 petitions against land grabbers since he assumed office on Aug. 1.
He directed that any land grabber caught in the act or planning to cause brouhaha in any part of the zone should be arrested.
“The suspects will be treated like armed robbers, kidnappers or murderers, as their criminal actions are tailored to these capital offences’’, he said in the statement.
Ali also promised to work with the governments of Lagos and Ogun States to fully enforce any law made to checkmate land grabbers and their criminal acts within the zone.
Ali urged members of the public to report any illegal act of the land grabbers to the police.
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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