Business
FRSC Recommits To Safe Motoring
The Acting sector commander, Federal Road Safety Corps (FRSC), Rivers State, Mr Joseph Toby, says, the body is committed to creating a safe motoring road.
Toby who stated this at a town hall meeting with motorists in Port Harcourt on Friday, attributed some road accidents to overloading.
He appealed to the Rivers State Government to enact a policy to check overloading.
“The FRSC is committed to regulate, enforce and coordinate all traffic safety management activities that can be better achieved through active participation of all our stakeholders as the safety of roads is everybody’s business”, he said.
Also, the Deputy Road Commander of the corps, Mr Michael John, during the session, urged the motoring public to ensure that they use seat belts.
“Statistics show that 50 per cent safety can be ensured with the use of seat belts, and this time, the focus is on the rear vehicles”, he said.
On his part, the Traditional Ruler of Evo Kingdom, Ezse Leslie Eke, called for more enlightenment to the motoring public on the need to ensuring safety on the roads.
“The motoring public is always in a hurry because they are under pressure, that is why the enlightenment is very important.
“You should reach out to them to enable them appreciate that if you rush to a place, you may not reach that destination,” he said.
The monarch also urged members of the public to always exercise patience on the roads.
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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