Business
RVHA Suspends Andoni LGA Chairman
The Rivers State House of Assembly Wednesday, suspended from office the chairman of Andoni Local Government Area, Mrs Emelia Gilbert Nte on allegation of security breach in the area and directed the vice chairman of the council to takeover the governance of the local government council pending conclusion of investigation by the House.
Following the suspension, the House appointed a seven-man ad-hoc committee headed by the Deputy Speaker of the House, Hon Dumnamene Deekor to investigate the allegations of insecurity in Andoni Local Government Area and report back to the House within two weeks.
The House’s decision followed a motion of urgent public importance moved by the House Leader, Hon Chidi Lloyd.
Moving the motion on the floor of the House, Hon Lloyd told the lawmakers that his office had been flooded with various petitions on the security lapses in Andoni, stating that if nothing urgent was done, the situation would mar the security achievements of the present administration in the state.
He noted that the state government was committed in ensuring that Rivers indigenes and non-indigenes live in the state without fear or molestations.
To drive home his point, the House Leader moved that the lawmakers should suspend the Andoni Council boss from office and constitute an ad-hoc committee that would look into the allegations levelled against her.
The motion was seconded by the Deputy House Leaders, Hon Hope Ikiriko (Ahoada-East constituency).
The Speaker of the State House of Assembly, Rt. Hon. Tonye Harry who presided over the sitting of the Assembly later divided the House, and the outcome of the voting showed that 21 lawmakers voted for the suspension of the council chairman while no member voted against the decision.
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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