Business
Globacom Broad Access To Provide Fixed Line Services
Globacom has said its new fixed telephony network christened “Broad Access” will ride on its 10,000 kilometers optic fibre network to provide fixed line services to millions of Nigerians at home and in offices.
Mr Mohammed Jameel, group chief operating officer, Globacom speaking at the launch of the services said the company has in the past few years laid the network of optic fibre cables cutting across the 36 states of the federation and Abuja.
He said the fixed line service which will bridge the gap left by Nigerian Telecommunications Limited (NTL) will offer Nigerians fast broadband internet stable and distortion-free voice connections, video conferencing and even cable television through Glo wired lines installed in their homes and offices at a very low cost.
Also speaking at the event, Alhaji Aliyu Bilbis, minister of state for information and communication said Glo Broad Access will accelerate rapid economic growth in the country. Glo Broad Access offers the benefits of convergence of advanced voice, advanced data and advanced video on one single wired line.
The minister moved by the innovation, urged other networks to emulate it by launching their own fixed line services, in other to provide Nigerians affordable telephony services. “While the GSM sub-sector has grown rapidly over the last eight years, fixed line telephony has remained largely underdeveloped. We have no doubt that Glo is now positioned to lift the fixed line sub-sector,” he said.
Speaking futher, he said that the launch of Glo Broad Access has proved that Globacom is a reliable partner in the achievement of the cardinal objectives of president Umar Musa Yar’Adua administration’s 7-point agenda to comprehensively establish and revitalise infrastructure in prime sectors of the economy.
Senator Sylvester Anyanwu, the chairman, senator committee on Information and communications, said the launch is significant because of the low rate of fixed line to mobile penetration in Nigeria.
I cannot imagin how we survive with mobile phones in offices with the introduction of Broad Access, Glo has brought fixed line telephony back to glory” he said.
In his remarks at the launch, the chairman House committee on Information and Communications, Hon Dave Salako, said the launch of Glo Broad Access is another giant stride and a milestone in the history of telecommunications in Nigeria. He said Glo Broad Access will now fill the vacuum created by the yearning of Nigerians for cheap fixed lines.
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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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