Business
NESREA DG Bags Quality Management Award
Dr Ngeri Benebo, the Director-General, National Environmental Standards and Regulations and Enforcement Agency (NESREA), has bagged the prestigious award of Quality Management Standards.
This was contained in a statement issued by Mr Sule Oyofo, the Press Secretary to the agency and made available to newsmen in Abuja on Thursday.
The statement said the award was presented to Benebo in Abuja by the Alaafin of Oyo, Oba Lamidi Olayiwola Adeyemi III.
The Oba is the Chairman of the National Economic Development awards.
“Benebo bagged the award for her brilliance and astute management of human and material resources and in recognition of her excellent contributions to sustainable environmental development in Nigeria,’’ it said.
According to the statement, Mr Emeka Onwuka, the Managing Director, Diamond Bank, Sen. Gbemisola Saraki, Governor Adams Oshiomhole of Edo also received the award.
Governor Olusegun Mimiko of Ondo state, Globacom boss, Mr Mike Adenuga and the CBN Governor, Mr Sanusi Lamido Sanusi, were other recipients of the award.
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.
Business
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