Business
FRSC Impounds 30 Tipper Trucks In Anambra
The Federal Road Safety Commission (FRSC) in Anambra State, said it has impounded no fewer than 30 tipper trucks for 13 offences, including non installation of speed limiting device.
The FRSC Sector Commander in Anambra, Mr Sunday Ajayi, said this after a target enforcement patrol in Awka on Tuesday.
Ajayi said that special attention was being given to tipper drivers due to their level of involvement in crashes and the resultant deaths in the state.
He said the tipper trucks were impounded for other sundry offences including overloading, use of fog lights, worn-out tyres, route violation and dangerous driving.
The sector commander insisted that the efforts to make Anambra roads safe would be sustained until motorists operated within the laws of the land.
We conducted target enforcement on tipper lorry operators in Anambra because of their behaviour on the road.
“Thirty of such vehicles were arrested for 13 offences including non installation of speed limiting device.
“It is sad to hear other road users say that the fear of tipper drivers is the beginning of safety.
“ There should be no reason, economic or otherwise, why people should endanger their lives and those of others “ on the road,” he said .
One of the drivers, Mr Samuel Anene, who was arrested for overloading, admitted flouting safety rules and attributed it to the desire to make more money.
Business
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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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