Business
Customs Intercepts Arms, Ammunition In Lagos, Ogun
The Nigeria Customs Service (NCS) says it has arrested two freight agents in connection with arms and ammunition seizures at Ports and Terminal Multiservices Limited (PTML), Tin Can Island Port Complex (TICPC), Lagos.
Acting Comptroller General of Customs, Adewale Adeniyi, who disclosed this to newsmen in Lagos, stated that a total of thirty-one rifles were also intercepted within the first two weeks of July 2023.
According to him, the freight forwarders are currently detained as suspects in connection with the seizures.
While highlighting the seizures to the media, Adeniye said, “On the 5th of July 2023, during a joint operation with the Nigeria Police, the Department of State Security, the National Drug Law Enforcement and Administration, and the Customs Intelligence Unit at the Ports Terminal and Multi Services Limited Command, a thorough physical examination of a 40ft container was conducted.
“The examination revealed the concealment of 10 dangerous arms and various rounds of live ammunition inside plastic drums.
“Our dedicated officers and men have demonstrated unwavering commitment to their responsibilities. Their diligence and perseverance have been the cornerstone of our operations.
“Our actions within the NCS have been driven by a deep sense of purpose and guided by the mantra of renewed hope, which underpins the current administration’s vision.
“We recognize the significance of our role in contributing to the overall objectives of the President Tinubu-led Administration, as articulated in the Road Map of the Policy Advisory Council document.
“The declaration of a state of emergency in revenue generation and national security has further aligned our activities with the government’s overarching goals.
“Pursuant to this commitment, I stand before you today to highlight the recent achievements of the NCS in our ongoing efforts to suppress smuggling and safeguard national security. Some of our dedicated and diligent officers uncovered some smuggled arms and ammunition while on duty at various Commands and formations”.
Giving a detailed background of the Illicit arms Importation , the acting Comptroller General said “a total of 3 new Pump Action rifles and one new unit of an armed rifle; 6 new different makes of pistols comprising one new millennium G2 pistol, one new sarsilmaz SAR-9X pistol, one new Lugger Security-9 pistol, one new Taurus Banbridge G3C pistol, one new SCCY CPX-2 pistol, and one new Taurus (63 pistol), 14 empty magazines and 442 rounds of live ammunition were intercepted”.
By: Nkpemenyie Mcdominic, 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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports5 days agoAFCON: Osimhen, Lookman Threaten Algeria’s Record
-
Politics5 days agoRivers Political Crisis: PANDEF Urges Restraint, Mutual Forbearance
-
Politics5 days agoWike’s LGAs Tour Violates Electoral Laws — Sara-Igbe
-
Sports5 days agoPalace ready To Sell Guehi For Right Price
-
Sports5 days agoArsenal must win trophies to leave legacy – Arteta
-
Sports5 days agoTottenham Captain Criticises Club’s Hierarchy
-
Sports5 days agoNetball ‘Project 2027’ Sets Higher Target
-
Sports5 days agoNPFL To Settle Feud between Remo Stars, Ikorodu City
