Business
NPA Restricts Movement Into Lagos Ports
The Nigerian Ports Authority (NPA) has said as from tomorrow only people with electronic port pass or means of identification issued by the approved authorities will be allowed into the ports in Lagos.
General Manager, Western Ports, Miss Adenike Sonaike, who said this in Lagos in a statement on Friday, said the measure became necessary to check the influx of people at the ports.
She also said the move was in line with the provisions of the International Ships and Ports Facilities Security Code.
Sonaike said, “We have severally warned people who have no business being at the port to desist from coming to the port premises.
“We are now going a step further by ensuring that such people do not have access to the port and anyone found flouting this new order will be arrested and prosecuted by operatives of security agencies.”
According to her, the port is a security area where only authorised persons are allowed to operate.
“We have responsibility to ensure the safety and security of lives and goods at the ports and we will ensure that we continue to work with relevant stakeholders in this regard,” she said.
She advised hawkers, miscreants and people wandering around the port environment to desist from such acts or risk arrest and humiliation from security operatives.
She, however, promised all genuine port users of their safety and security in the course of their transactions at the place.
“The present management of NPA places a premium on service delivery. The Managing Director of NPA, Mr. Habib Abdulahi, has mandated us to ensure that port users get value for their money and that is what we are focused on. Genuine port users have nothing to fear under this new initiative,” Sonaike stated.
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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