Business
FRSC Warns Against Vehicle Abandonment On Rivers Roads
The Federal Road Safety Corps (FRSC), Rivers State Command, has warned road users against abandoning vehicles on the road, particularly during the festive season.
The Rivers State Sector Commander of the FRSC, Salisu Galad-anchi, gave the warning in Port Harcourt, last Friday, while speaking to newsmen on the preparedness of the sector for safe travels during the Yuletide.
He said his men were fully on ground at every point in the state to ensure compliance with road safety rules.
According to him, officials of the sector have been fully mobili-sed towards ensuring that no vehicle is abandoned on any road within the state.
He disclosed that any vehicle towed by FRSC officials would attract a fine penalty.
“Any angle you are coming from, to enter Rivers State, you will see our men on ground. Whether you are coming from Bayelsa axis, or Aba, Akwa-Ibom or Owerri axis, you will see our men deployed there.
“We are fully prepared. Ambulances and men, both the volunteer personnel for the Yuletide, our medical personnel from our medical clinic have all been mobilised for the season”, he said.
Galadanchi appealed to road users, especially commercial drivers, to avoid reckless driving in the name of wanting to make high turnover during the festive season, adding that they need to be alive to make money.
According to him, any profit that one could not make in the last 11 months of the year can not be made within the few days of festivities.
By: Corlins Walter
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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