Business
PDP Chairman Carpets AC Chieftain Over Attacks On Abe
The Chairman of the Peoples Democratic Party (PDP) in Gokana Local Government Area of Rivers State, Mr Maurice Pronen, has condemned the antics of some political blackmailers, led by one Mr Suage Badey, aimed at discrediting some candidates of the party ahead of the 2011 elections.
Mr Pronen, who was speaking to newsmen in Port Harcourt yesterday said, it was disheartening for the blackmailers, most of whom were from rival political parties, to attempt to run down PDP hopefuls purely for their personal gains.
“It is not proper for Mr Badey to commence a campaign of calumny against Hon. Magnus Abe, our senatorial aspirant, simply because Abe turned down his overtures to sponsor him to create disaffection in the ranks of the Action Congress”, he said.
Mr Pronen said such blackmail exhibited by people like Mr Suage Badey shows that such characters are up for sale to the highest bidder, adding, “unfortunately, we have left such people behind who still belong to the past”.
He advised Mr Badey and his cohorts to raise objective opposition against any candidate of the PDP from the area, if they have anything against their credibility, insisting that “pursuing base personal motives in the name of opposition was selfish and self-serving”.
“Indeed, we must state that Hon Magnus Abe’s refusal to meddle into the internal affairs of the Action Congress, by sponsoring Mr Suage Badey to perpetrate himself, is a credible attitude which is highly commendable”, he said, while calling on the people of Rivers State to ignore him.
Mr Pronen, who said that the leadership of the PDP in Gokana Local Government Area, would not succumb to any form of blackmail masterminded by Mr Badey and his cohorts, insisted that Hon. Magnus Ngei Abe has one of the most impeccable credentials for leadership in the state, and he would be a good sell anytime, any day.
Business
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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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