Business
NSCDC Seals 13 Fuel Stations In Lagos
The Nigeria Security and Civil Defence Corps (NSCDC), Lagos State Command, on Sunday said it had sealed up 13 fuel stations, for allegedly under dispensing petroleum products.
The Public Relations Officer (PRO) of the Command, Miss Kenny Bada, made the confirmation in an interview with newsmen in Lagos, yesterday.
Bada said that the NSCDC carried out the exercise in collaboration with the Department of Petroleum Resources (DPR).
“The men of NSCDC, through its Intelligence Department, uncovered 13 filling stations in Badagry axis known for selling petroleum products to unsuspecting public below the stipulated dispensing measurement.
“These filling stations were sealed on Jan. 5, 2017.
“They include Falcons Filling Station at MTN Bus Stop; Royal Stream filling station at Mowo extension, Energy filling station at Mowo and Labs filling station, Mowo.
“Also sealed are Energy filling station and Ramos filling station, Aradagun and two Total filling stations at Toga.
“Others are MRS filling station at Toga, JINMS filling station at Badagry Roundabout, Jackson filling station at Seme-Badagry, Olubisi Obinja Nig. Ltd at Joseph Dosu Way, and Nybo filling station Sawmill Bus Stop,” she said.
Bada said that the operation was made possible as a result of intelligence gathering by the men of the corps.
“The Commandant of Lagos State NSCDC, Tajudeen Balogun said, it is not the duty of the corps to seal up filling stations found to be involved in malpractices.
“Hence, the need for collaboration with the DPR, statutorily mandated to carry out this exercise.’’
The PRO urged the public to report any suspicious act to the corps for immediate action, to further reduce criminal activities in the state.
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.
