Business
Yuletide: Stakeholder Charges Motorists On Safety
As the Yuletide season comes to a resounding climax, motorists, especially commercial drivers have been charged to be safety conscious and obey traffic rules and regulations.
A stakeholder in road transport business and Team Manager of ACE Center Driving School, Port Harcourt, Mr Nduka Ejoh who gave the charge in a chat with our correspondent in his office, further cautioned drivers not to be in a hurry.
Ejoh said drivers should carry out safety checks of their vehicles before they embark on any journey, adding that their tyres, lights, bricks, jack, recovery and breakdown tools like wheel, spanner, spare tyre, triangle reflector, fire extinguisher, jack handle among others should always be available and in good condition.
According to him, as the hazy weather condition sets in soon, they should make sure their windscreen, wipers, side-mirrors, break-lights, trafficating lights and others are functional, pointing out that drivers should understand that they are responsible for the safety of their lives and their passengers.
He noted that commuters have the right to caution drivers on dangerous driving, as this can result to accident and death.
He enjoined the drivers to obey road traffic signs and speed limit by not exceeding the maximum limit of 100km per hour adding the need to avoid night journey because of the bad and deplorable condition of most roads in the society.
Ejoh opined that excess alcohol consumption and drugs should also be avoided during the period as it will affect the ability of the drivers to concentrate and have sound judgment of safe driving, stressing that they should be mindful and careful of other road users who might also be in the influence of alcohol and drugs.
The Team Manager noted that with holiday makers in town, some drivers might not understand the dynamics of the road and such could increase road accidents, stressing the need for caution and carefulness.
“The year 2018 is ending and people should look forward to the New Year, try and do things right and differently by being safety conscious, look side mirrors to know who is behind you and obey all road traffic regulations”, Mr Ejoh posited.
Collins Barasimeye
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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