Business
ANLCA, NAGAFF Partner For Growth Of Maritime Industry
The Association of Nigeria Licensed Customs Agents (ANLCA) and the National Association of Government Approved Freight Forwarders (NAGAFF), have resolved to tackle some of the challenges in the maritime sector.
The two foremost association of freight forwarding and customs brokerage noted that the maritime sector had suffered setbacks in the last two years, and promised to address the challenges.
Speaking during a working visit by the National Executive Committee of ANLCA to NAGAFF headquarters, ANLCA President, Mr Tony Iju Nwabunike, said the leadership of the association had come to partner with NAGAFF for the growth of the maritime industry.
Nwabunike assured stakeholders that the two associations would come up with a communique to itemize some of the challenges in the sector, with a view to nipping them in the bud.
“So, I felt it is very important first to come and have a good working relationship with NAGAFF which I consider very seriously.
“We felt we should meet all the freight forwarding associations to make out a point straight on government policies; road network or whatever is bringing impediment to the progress of the maritime industry should be tackled together, that is why we are here.
“So, we need to put our house, our minds and resources together to get these things working even in our industrial businesses, in CRFFN and in our businesses”, he said.
Earlier, the National President of NAGAFF, Chief Increase Uche, had appreciated the visit of ANLCA leadership, saying it was imperative for the two associations to collaborate for efficient ports operations.
He called on both associations to pursue common goal towards effective ports operations and prayed for the sustenance of friendship between ANLCA and NAGAFF.
By: Nkpemenyie Mcdominic, Lagos
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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