Business
Katsina Gets Agency For World Bank Projects
The Katsina State Government has established an agency to oversee the activities of the Community and Social Development Projects (CSDP) of the World Bank.
Known as Community and Social Development Agency (CSDA), it was established to facilitate the implementation of CSDP programme in the state’s 25 local government areas.
The General Manager of the agency, Alhaji Salisu Yar’Adua, told the The Tide’s source in Katsina that it would be more active in areas that had not participated in the Local Empowerment and Environmental Management Project (LEEMP).
He said the agency was established in Katsina, being one of the 28 states participating in the CSDP, and financed by the World Bank to the tune of $200 million nationwide.
“Ideally, the agency is to continue with the projects started under LEEMP, which had closed down in June last year,” he added.
Yar’Adua said the projects, which were also being co-financed by the state government to the tune of N100 million yearly, were in the areas of water supply, education, health, electrification, environment and natural resources.
He promised that necessary arrangements had been concluded for the take-off of the programme once all the staff deployed to the agency had assumed office.
Yar’Adua said the state government would strive to build on the success achieved by LEEMP with the assistance of experienced personnel.
NAN reports that 15 officers from various ministries and departments were deployed to the agency.
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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.
