Business
Chamber Urges Anambra Govt To Address Multiple Taxes
The President, Onitsha Chamber of Commerce, Dr Tim Anosike, has urged Anambra Government to address multiple taxes and levies in the state.
Anosike, who gave the advice in an interview with The Tide source in Onitsha recently said unless the problems were addressed, they would drive away potential investors to the state.
“Addressing the issue of multiple taxes and levies in the state, which will include streamlining/publishing the approved regime of taxes and the authorised collection agencies, is very essential.
“The measure will not only improve the revenue base of the state government, but will also checkmate incidence of illegal tax/levy collection in the state.
“Let this problem be tackled once and for all in this state,’’ he said.
The chamber boss, however, lauded the state government for pursuing its four-point agenda, adding that the effort was gradually yielding the needed dividends to residents of Anambra.
“We are happy that the strategic four-point-agenda of Governor Willie Obiano is on course with the spate of development going on in key sectors throughout the state.’’
According to him, road construction; tourism infrastructure; agricultural and rural development, including provision of enabling environment for business operation and healthy living of the people are steadily receiving adequate attention.
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.
