Business
FRSC Arrests 8,112 Offenders In Lagos
The Lagos State Command of the Federal Road Safety Commission (FRSC) has said that its men arrested 8,112 traffic offenders across the state in February.
The state Sector Commander, Mr Chidi Nkwonta, told newsmen in Lagos last Wednesday that the offenders were involved in 9,126 traffic offences.
According to reports, the command arrested 7,710 offenders for 8,606 offences in January.
Shedding light on the arrests in February, Nkwonta said lack of caution signs and non-use of seat belts topped the list of the offences.
“We were able to arrest 8,112 offenders for 9,126 offences in February and we will not cease warning against all actions that are injurious to road safety.
“Road users ought to consider the safety of their lives and those they are carrying above all the reasons they may have to disregard rules.
“Everyone should put safety first and obey traffic laws as a civic obligation, knowing that life has no duplicate,” he said.
He said the nation cannot continue to lose lives to road crashes and all motorists must obey traffic rules.
“We will continue to arrest traffic rule violators until the roads are sanitised.
“We have just flagged off `Operation Crash the Crashes’ on Lagos-Ibadan Expressway, one of our major corridors, with a view to realise zero crashes on our highways,” he said.
Nkwonta said his priority when he assumed office was to raise the level of enforcement of traffic regulations.
The sector commander attributed the low record of casualties during the 2013 ‘Ember Months Patrol’ to emphasis on enlightenment campaigns.
The command recorded 22 road crashes, which claimed 16 lives and left 56 people injured, during the 2013 end of year patrol.
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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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