Business
RUFIN, NGO Partner For Farmers’ Training
The Rural Finance Institutions Building Programme (RUFIN) says it is collaborating with the Winrock International, an NGO, on a capacity building for its “Farmer to farmer programme’’.
The collaboration is also focusing on capacity building for credit and saving groups, microfinance banks, non-bank micro finance institutions and staff of the RUFIN programme.
RUFIN’s National Programme Coordinator, Musibau Azeez, told newsmen recently, in Abuja, that the decision was reached at a meeting with Mike Bassey, Country Director USAID-Winrock International.
The NGO is a non-profit organisation that empowers the disadvantaged, increases economic opportunities in the U.S. and several countries across the globe.
Azeez said the organisations agreed to work out the areas of cooperation in a Memorandum of Understanding.
He said the “Farmer to Farmer programme” had over the past two years, placed 43 volunteer experts in staple foods, small ruminates, aquaculture and apiculture.
The coordinator said the West Africa component of the programme helped 2,337 people in Nigeria and Mali, with 498,815 as potential beneficiaries.
Bassey also explained that the Nigeria’s programme was willing to assist RUFIN in capacity building and training the farmer’s in beekeeping, staples such as rice, cassava and yam production.
He said the training would cover the entire value chain of production, processing of storage and marketing.
He said the programme would examine the area of “Training of Trainers” (TOT) for RUFIN’s informal credit and village saving group, monitoring and evaluation, gender issues and extension services.
Bassey stressed his commitment to the successful implementation of the collaboration, and the proposed RUFIN linkage forum scheduled to hold in August.
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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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