Business
NDLEA Nabs Grandpa, Intercepts 2.3m Drugs Shipment
The National Drug Law Enforcement Agency (NDLEA) on Sunday confirmed the arrest of a 63 years old grandfather, Afolabi Kolawole, for shipping illicit substances to his daughter, Barakat, in Dubai, United Arab Emirates.
The agency spokesperson, Femi Babafemi, in a statement, said Kolwawole, who was arrested in Ibadan, Oyo State, during interrogation, confessed to concealing the illicit substances inside black native soap before shipment to his daughter in Dubai.
He said, “a major importer of loud variant of cannabis from the United States, Abibu Afis Sola, and a 63-year-old grandfather who ships illicit substances to his daughter in Dubai, United Arab Emirates, are among those arrested by NDLEA operatives at the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos State.
“Abibu was arrested in connection with a 19.30kg Colorado consignment from Los Angeles, USA, which was intercepted on June 30, at the NAHCO cargo import shed of the Lagos airport.
While Abibu was still being interviewed in custody, a 37.1kg consignment of Loud intercepted on July 7 was also traced to him.
“Meanwhile, a freight agent, Miss Njoko Elizabeth, 37, has been arrested for attempting to export 250grams of Tramadol and cannabis to Dubai through the NAHCO export shed.
Also, at the Lagos airport, 249,600 tablets of Tramadol 225mg have been recovered from a shipment from India at the SAHCO import shed of the MMIA.
“The 63-year-old grandfather, Afolabi Kolawole, behind an intercepted drug exhibit going to Dubai, on August 4, has been arrested in Ibadan, Oyo State, on Thursday August 18.
“He confessed that he was responsible for the concealment and packaging of the cannabis inside the black native soap used as mode of concealment.
He also admitted this was his second attempt at sending such illicit substances to his daughter, Barakat, in Dubai”, the spokesman said.
By: Nkpemenyie Mcdoninc, 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.
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