Business
FRSC Warns NURTW Against Loading On Expressway
The Kubwa Unit Command of the Federal Road Safety Corps (FRSC) has warned the National Union of Road Transport Workers (NURTW) against loading vehicles on the expressway to avoid gridlock.
The Unit Commander, FRSC Mr Okonkwo Chime, gave the warning in an interview with newsmen on Monday in Bwari.
He said that the illegal operations of the NURTW on the expressway posed a challenge to the free flow of traffic.
“It is very wrong, it is against the rule, and it is against the law. We have tried to advise to leave there, but they did not heed to our advice.
“So what we are going to do now is; we are going to use force.
“They do not have rights to operate within the highway but within the designated places along the highway which we call bus stops.
“It is not a loading bay for the NURTW to load passengers in that place; they should use their motor parks and do their loading, and get off the major highways.
“They are causing embarrassment, because their stay there causes a lot of grid lock.”
The officials of the NURTW could not speak to the press on the new directive by the FRSC.
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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