Business
…Hands Over Rice, Other Materials To IDPs Camp
The Nigeria Customs Service (NCS) Seme Area Command in compliance with the presidential directives of releasing seized goods to the IDP Camps has successfully handed over to the Nigeria Army a total of 12,051 (twelve thousand and fifty one) bags of 50kg seized rice and other relief materials (Vegetable oil 1025 jerry cans x 25 litters, used Cloths 75 Bales, used Cloths 22 sacks, used Shoes 67 sacks, used Ladies Handbags 3 sacks, Soap 51 cartons 33 pieces, Tin Tomato 4500 cartons and 500 Bags)for onward delivery to the IDP camps in the North Eastern part of Nigeria.
It could be recalled that the Seme area command of NCS has consistently been releasing the seized goods it confiscated from smugglers passing through the neighbouring country.
A press release signed by the command spokesman, Mr. Taupyen Selchang Kashang (CSC) and made available to our correspondent in Lagos stated that the series of handing over and evacuation of seized rice that has taken place from the Seme warehouse ranges from 10,000x50kg, 6000x50kg and now over 12000x50kg bags of smuggled and seized rice through the corridor.
The Customs Area Controller Comptroller Mohammed, disclosed that the Comptroller General of Customs has approved the release of the seized and condemned relief materials in compliance to the presidential directive thereby directing the Area command to do same to the Nigeria Army.
According to the Customs boss the gesture will go a long way to ameliorate the suffering of the displaced persons and also support the current operations against Boko Haram terrorist in the North Eastern part of Nigeria.
Comptroller Mohammed said the above items condemned as required by law were handed over to the Nigeria Army through Lieutenant M. Musa on the 07th May, 2018.
The CAC restated that the border command will continue to enforced the federal government policies on all restricted and prohibited items through the land border, noting that we cannot shy away from our responsibility of aggressive anti-smuggling operations through the busiest corridor, if the smugglers will not stop perpetrating their illicit acts of been saboteurs to the efforts of the federal government in revamping the economy.
Nkpemenyie Mcdominic, Lagos
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.
