Business
Customs Impounds Army Camouflage Uniforms
The Kirikiri Lighter Terminal Command of the Nigeria Customs Service (NCS) has intercepted a 40ft container of plain Army camouflage uniforms and arrested two suspects.
The Customs Area Controller of the command, Comptroller Lami Wushishi, made this known on Tuesday, in Lagos, while handing over the seizures to Department of State Service (DSS), at the Port Express Terminal.
According to her, in a bid to suppress the smuggling of contraband and prohibited products under any guise, the command detained a 40ft container with No ECMU9239436.
Wushishi said that the container was imported into the country by a company based in Kano, dealing in logistics.
“The consignment which originated from China and arrived Nigeria on July 14, was falsely declared as 200 packages of thread take-up can and 150 packages of polyester materials
“The consignment contained 732 rolls of plain Army uniform, 666 rolls of camouflage, and 129 rolls of polyester material and another five bags of polyester.
“The container was intercepted by vigilant officers during the 100 per cent examination in line with the Vice-President, Prof. Yemi Osinbajo’s directive on Ease of Doing Business,” Wushishi said.
She said that the command also arrested a representative of the importer and an agent as suspect.
Wushishi handed over the container and the two suspects to the appropriate agency for further investigation as enshrined in Customs and Excise Management Act. Cap C 45, LFN 2004, Section 67 (2).
Wushishi assured port users of the command’s continuous effort in ensuring the implementation of Fiscal Policy of the Federal Government and continued collaboration with other sister agencies.
She said that the command had been generating over a billion naira monthly since she assumed duty, adding that the effort had surpassed the revenue target given to the command.
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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