Business
e-Shopping: PH Bizman Berates Delivery Method
The founder of Home Appliances e-Shopping Platform, Port Harcourt, Mr Stanley Igwe, has called for the adoption of cashless option In transactions involving online business activities in the country.
Igwe stated this while speaking to newsmen recently, following the suspected murder of a Jumia delivery man, Mr Ejele Chukwuma in Ada George area of Port Harcourt.
He explained that the option of payment on delivery should be removed on the various e-shopping platforms.
Igwe opined that the pay-on-delivery method exposes e-shopping dispatch riders to danger.
According to him, the cashless option could solve issues related to threat and insecurity associatED with the job.
“Measures are to be taken right now, because had it been that those the goods were being delivered to, paid on-line, what happened could have been averted.
“So we encourage people to do cashless transactions by paying on-line”, he said.
The e-shopping operator, explained that such a method was safer as the companies would promptly deliver as their credibility was not in doubt.
He explained that in the event of default such operators could be sued, even as he urged the government to encourage people on going cashless.
According to him, there were a lot of dubious people in the society hence the need to pay online.
“When you get what you are looking for, and that is not what you want, you can reject it”, he said.
The e-commerce operator further advised delivery men in the state to be more security conscious and avoid entering compounds or homes of clients during delivery.
“When you are delivering, deliver outside and be security conscious, try to raise alarm and do not go into the bedroom sometime to do some of these things”, he said.
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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