Business
Telecoms Group Advises NASS On “Unsolicited Messages Bill”
A Bill to curb unsolicited
telephone calls and text messages received by consumers might shut out new businesses if passed into law, a group in the telecoms sector has said.
The National Coordinator of Wireless Application Service Providers Association of Nigeria (WASPAN), Mr Chijioke Ezeh, stated this in an interview with newsmen in Lagos.
According to him, the Bill may affect those who are in legitimate businesses and acting strictly in accordance with the law.
Ezeh said that the Bill would address current challenges but might create other challenges, if hastily passed.
“The first challenge is that the Bill, if passed, will stifle the growth of new businesses in the Mobile Value Added Service (MVAS) space operating within the confines of the law,’’ he said.
He said that the Bill would punish both the innocent and guilty, which was not a fair sense of justice.
“The worst part is that it would not still address the very depth of the actual problems of illegally deducting subscribers’ monies.
“WASPAN is aware of the problems and has joined forces with the networks to stop the culprits,’’ Ezeh told newsmen.
Reports say that a Bill for an Act to reduce incident of unsolicited telephone calls and text messages received by consumers, passed through its second reading in the House of Representatives on March 10.
The Bill, sponsored by Rep. Aliyu Madaki was aimed at stopping the sending of unsolicited ringtones and text messages to mobile phone subscribers.
The lawmaker had explained that the Bill was also intended to prohibit online telemarketing without prior consent of a subscriber.
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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