Business
Customs Accuses Agents of Signature Forgery
The Area Controller in charge of TinCan Island Command of the Nigeria Customs Service (NCS), Comptroller Adekunle Oloyode, has said four clearing agents forged his signature to clear imported cars.
Oloyode, who said this while briefing journalists on the half-year report of the Command, said the agents wanted to clear four trucks and some cars.
He added that the agents were arrested, though they had been granted administrative bail.
“We discovered an incident of forgery of the signature of the Area Controller, which is why you have this here.
“The standard procedure for the clearance of non-standard Vehicles Identification Number (VIN) is that the Customs Area Controller (CAC) must approve the use of that particular code.
“So, their papers were still on my table but they went ahead to forge my signature on another application.
“They were trying to escape and get out of the terminal. The officers that were supposed to release the goods were vigilant enough because I sent to all the terminals a sample of my signature.
“So, these four trucks belong to four different people and they actually forged my signature. They were apprehended and locked up for sometime, but for the sake of human rights, they are on administrative bail for now. But as we go ahead, definitely, we are going to prosecute them.”he said.
Meanwhile, the CAC said between January and June 2022, the Command collected a total sum of N274. 320 billion, a figure which, he said, represented a 27.50 per cent increase from what the Command collected within the same period in 2021.
Oloyode further said the cotmmand had strengthened the risk management structure to mitigate the consistent attempts by some non-complaint agents to abuse the process through act of commercial fraud.
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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