Business
Customs Chief Pledges Completion Of World’s Institute
The Comptroller-General of the Nigeria Customs Service (NCS), Mr. Abdullahi Dikko, has pledged to ensure that the construction of the World Customs Organisation (WCO)’s regional training institute was completed by the end of August.
Dikko, who made the pledge when he visited the site in Gwagwalada in the FCT, said that training would commence as soon as the building was completed.
He commended President Goodluck Jonathan for the achievement made so far on the project.
“Jonathan is the engine of the transformation, I am just the tool. “I owe Mr President a duty not to betray his trust; I make it a ritual every Wednesday to come to the site to supervise the construction,’’ Dikko said.
He, however, expressed fear about the ability of the contractors handling the construction of the customs senior staff quarters at Kado District, Abuja, to meet the October deadline for the completion of the project.
“Am not happy about the progress of work, if you like you meet the deadline, but what I know is that at the end of October, your company must deliver. You have the capability that was why we contracted you.
“If cannot guarantee that I can bring 42 comptroller-generals from other countries to come here, then we cannot do any business together,’’ Dikko told the contractors.
Mr. Hamza Mohammed, a representative of Afdim, the contractors handling the project, however, promised that the project would be completed before the end of the year.
“We are doing everything possible to achieve the objective,’’ he said.
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.
