Business
Stakeholder Urges Strict Adherence To Traffic Rules
As the yuletide season approaches, a critical stakeholder in road transport business and Rivers state Chairman of Association of Certified Driving Schools Owners of Nigeria (ACDSON), Mr Nduka Ejoh, has called on motorists especially commercial drivers to strictly adhere to traffic rules and regulations while on the wheel.
Ejoh, who is the team leader of ACE Centre Driving School, who spoke through his operations manager, Mr Fuayefika Tamunokuro, made the called in a chat with our correspondent in his office in Port Harcourt, Monday.
He cautioned that drivers should avoid the temptation of over-loading, over-speeding as well fatigue, as the period always experiences influx of families and commuters travelling to the country-side to join their loved ones.
According to him, drivers should not use the period to make extra money for themselves by over-speeding to make more trips at the expense of his passengers, because such would and endangered the lives and properties of other road users.
The ACE centre boss also cautioned against consumption at alcohol as part of the festival before embarking on any journey as such would influence his sense of judgement, adding that they should ensure that their vehicles are in perfect condition with appropriate tyres lighting system, and proper use of seat belts at all times.
Ejoh further warned that drivers should look out for road conditions for safe arrival to their destinations as well as inoculants the attitude of journey management plans for regular stops at approved motor parts for a few minutes rest to avoid fatigue which had been one of the major causes of accidents during this period.
He, however, called on the government and other relevant authorities to organise a town hall meeting for drivers at various motor parks to further enlighten and inform the drivers on the need for safe driving and safety at lives and properties at commuters.
The stakeholders also cautioned commuters not to patronise road side transporters as some of them could be fake transporters as well as unpainted vehicles with ‘one-chance’ fraudsters and avoid night journeys it possible in case of vehicle breakdown in the middle of nowhere.
He, however, called on the government to partner with private organisations like ACE centre driving school to regulate activities of drivers on the roads and other road users because safety of motoring public is sacrosanct, wishing all drivers safe and defensive drivers to the destinations this season.
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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