Business
Bee Keepers Unable To Access International Grants
The lack of access to international grants is one of the greatest challenges facing bee keepers in the country, Mr Ayodele Salako, the Chairman, Oyo State chapter, Bee-keepers Association of Nigeria, has said.
Salako told newsmen in Ibadan on Thursday that the association had not received financial assistance from the three tiers of government.
“We need such assistance to operate so that more people will be interested in joining the bee-keeping business,” he said.
Salako claimed that some international organisations in developed countries were giving financial grants to bee-keepers in Africa.
“But unfortunately members of the association cannot access these grants because they are channelled through the government.
“Such grants should come to us directly through our association as the government channels them to the wrong hands,” he alleged, urging the federal government to ensure that foreign grants got to the association.
“Members of the association are looking for ways of contacting international organisations directly so that they will be able to relate to us instead of going through middlemen.”
Salako expressed hope that the bee-keeping business in Nigeria would fare better in the New Year, saying the business was not rosy in the outgoing year.
He advised those interested in bee-keeping in Oyo State to join the association.
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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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