Business
Lagos NDLEA Prosecutes 39 In Three Months – Official
The National Drug Law Enforcement Agency (NDLEA), Lagos State Command, says it has prosecuted no fewer than 39 suspects between January 2018 and March 2018.
Principal Staff Officer, Operations and Intelligence of the agency, Mr Lawal Opeloyeru, made this known in an interview with newsmen in Lagos, yesterday.
“We have prosecuted no fewer than 39 suspects this year alone. That is Lagos State Command alone. They were convicted and some of them were serving their terms of imprisonment in Kirikiri.
“The dangers of drugs are very clear to everybody. Drugs kill; they disrupt the peace and security of the nation.
“So the advice is that everybody should join hands with NDLEA to make sure that we rid the country of the menace of illicit drugs.
“We are considering constituting a joint operation with the Nigeria Customs Service so that every agency will bring its experience and expertise to bear on efforts to beat these criminals. The issue of seizing substances like this without apprehending the owner is not good for prosecution. So we will work together to ensure that when a situation like this arises, those who are connected to it are arrested,” he said.
He alleged that some of the illicit drugs were from Ghana, Togo, and Nigeria, and added that the agency was working closely with other neighbouring countries to stop the smuggling of such drugs.
Opeloyeru said the agency would deepen collaboration with customs to end the smuggling of illicit drugs.
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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