Business
FRSC Urges Drivers To Maintain Speed Limit
The Federal Road Safety
Commission (FRSC), recently urged road users to maintain reasonable speed limit and imbibe safety precautions to see 2017 and beyond.
The Sector Commander of FRSC, in Lagos state, Mr Hyginus Omeje, gave the advice at a road safety awareness talk organised by Later Rain Assembly, a church, in conjunction with the commission.
The Tide gathered reports that the programme was also held in conjunction with Vehicle Inspection Service (VIS) and the Nigeria Police.
Omeje, who was represented by Mrs Bisi Sanusi, Deputy Route Commander in the sector also called on motorists to observe all safety regulations and be in right frame of mind before putting their vehicles on road.
“FRSC first message to road users is for them to go and process their genuine driver’s license; this is the document that authorises anyone to drive on the road in the first place.
“Drivers should ensure that their vehicles are in good working condition, especially at this festive season when our roads will be busier.
“Road users should be in the right frame of mind to avert accidents during the yuletide, drivers should do away with speed because it thrills but kills fast.
“We need to kill speed for road users to see 2017 and beyond,’’ Omeje said.
The theme for the 2016 Ember Months campaigns is “Crash the crash, speed kills’’.
The FRSC boss warned drivers against overloading and taking alcohol stressing that, “If you must drink don’t drive, if you drive, don’t drink’’. Omeje also urged parents to ensure that their children use seat belt properly but reminded them that children under 12 years were not allowed to stay in front of vehicle. He also urged drivers to do medical checks such as vision to determine their suitability to drive vehicle as well as ‘’to stay alive and also enable others to stay alive.’’
A Security Expert, Later Rain Assembly,Mr Austin Nwosu emphasised the need for people, particulary road users to imbibe safety attitudes.
“Our actual purpose is to tell the road users the need to imbibe safety precautions on the road as we approach Christmas and New Year celebrations.
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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