Business
Customs Moves To Fight Smuggling In Sokoto Zone
Alhaji Abubakar Atiku, the Area Comptroller of the Nigeria Customs Service for Sokoto, Kebbi and Zamfara states, says that his command has adopted a media and religion-based approach to fight smuggling.
Atiku told our correspondent in Sokoto on Saturday that the strategy would enable border communities in the states to assist customs officers with information that could lead to the arrest and prosecution of smugglers.
He said that special jingles on the negative effects of smuggling on the economy, packaged by his command, were now being broadcast by the electronic media.
Besides, Atiku said that religious leaders had been encouraged to deliver special sermons in mosques on Friday to educate their followers on the need to participate in the anti-smuggling campaign.
He noted that people had always been listening to statements and advice of religious leaders and traditional rulers, adding that the command would mobilise them to aid the implementation of its anti-smuggling strategies.
“My area of jurisdiction is a no-go area for any smuggler, as competent officers have been deployed across the states to carry out their mandate,” he said.
Atiku also said that his command was collaborating with security agencies in the crusade against smuggling through coordinated security patrols.
“We are working like a family to achieve the set objectives of the anti-smuggling crusade for the overall development of our economy,” he said.
The area comptroller called on officers and men of his command to continue to put in their best, assuring them that the hardworking ones would be rewarded.
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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