Business
Land Dispute: Oyo Tasks Community, Land Owners On Peace
The Oyo State Government has appealed to residents and land owners in the Soka neighbourhood of Ibadan to remain calm, pending its intervention in the land dispute.
The Commissioner for Lands, Housing and Survey, Mr Isaac Omodewu made the appeal last Monday in Ibadan when he addressed some residents of the community.
Available information state that residents of the community besieged the state secretariat with placards bearing various inscriptions.
The residents, led by Mr Ayo Akinsola, said that they were at the secretariat on a “Save-Our-Soul’’ mission over the land dispute.
The commissioner urged them to avoid confrontation and remain law-abiding citizens, pledging that the government would soon deal with the matter.
Omodewu assured the protesters that the dispute would be resolved amicably, adding that the government had resolved more than 20 similar cases in the past.
He advised them to forward their complaints to the ministry, saying that urgent steps would be taken immediately to ensure their safety.
Earlier, Akinsola said that residents of the area had been living in palpable fear over the land dispute between some landowners.
He said that one of the landowners once visited the neighbourhood with a court judgment, warning the residents and house owners to vacate the area.
”As I am talking to you, a faction, which claimed to have obtained the purported court judgment, has invaded the area presently with thugs, threatening the residents and extorting money from them.
“Two weeks ago, the same people came with policemen and a bulldozer, they destroyed no fewer than 30 buildings,’’ he said.
Akinsola said that different landowners had been threatening the residents on the issue which had led to the destruction of more than 30 buildings at the area.
He said that residents were ready to agree with whoever was the authentic owner of the land and appealed to the government to intervene and resolve the matter once and for all.
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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