Business
Rivers Works Ministry Denies Sticker Sales …Opens Tam David-West Road, Soon
The Rivers State Ministry of Works says it has not collaborated with anyone to print and sell stickers on its behalf.
A statement signed by the Press Secretary to the Ministry, Edna Alette said the ministry’s core mandate is on road rehabilitation and construction, and not revenue collection.
The statement which was obtained by The Tide recently, said the clarification became necessary after its attention was drawn to the sale of vehicle stickers to commercial vehicles and purported to be in collaboration with the state internal revenue board.
The statement further called on members of the public to report anyone selling such stickers to the police.
In another development, the Rivers State Commissioner for Works, Bethuel Harrison, says a section of the Tam David-West Road linking the Airport will be opened to traffic before the end of January, 2017.
Harrison stated this recently during an inspection of the Ozuoba/Rumuopareli/Choba/Tam David-West roads.
He said the measure would enable commuters to use the road in the interim to ease traffic on the Airport Road.
“We have seen that on lane, they have begun to stabilise the road, they have done stone base from the Obiri Ikwerre end to the Airport end.
“We are hoping that when they resume from the Christmas break, they will be able to complete the binder cause for this particular lane”, he said.
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.
Business
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