Business
Cote d’Ivoire: Quattara Seeks Help To Rebuild Economy
President Alassane Ouattara of Cote d’ Ivoire recently appealed for massive international aid to save his country, whose economy, he said was facing a seven per cent slump.
The UN correspondent reports that Ouattara made the appeal at a news conference after meeting UN Secretary General, Ban Ki-Moon.
Ouattara said his country, the world’s biggest producer of cocoa, would need a lot of money to rebuild its economy.
Months of conflict over disputed presidential elections left thousands of people dead between November 2010 and April 2011.
Ouattara said that in the past 10 years, there had been no investment, except in the purchase of arms and ammunitions.
“This year, because of the post-election crisis, our economy will drop by seven per cent. So, we need massive support,” he said.
According to some reports, the Ivorian Government has estimated that it will need more than $25 billion of investment to rebuild the economy.
Ouattara told reporters that national reconciliation remained his priority and pledged that alleged massacres and rights abuses by all sides would be investigated.
He said the main task after reconciliation was reconstruction “because the country has been destroyed.”
Responding to questions on allegations of rights abuses by his loyalists, Ouattara stressed that he wanted reconciliation and that the country had embarked on a new beginning.
“We want rule of law, we want to protect our citizens and all the people; we want to abide by human rights, this is very important for us; we don’t want discrimination.
“We have reconciliation under one track but the judicial system will also do its work and justice will be for everyone; there will be no distinction.”
The Ivorian leader said he had met with the Presidents of Ghana, and Liberia in recent weeks to discuss security cooperation.
He said he had secured an agreement with Liberian President Ellen Johnson Sirleaf to boost border security and to exchange information on mercenaries crossing their borders.
Ouattara warned that mercenaries would pose a greater threat to Liberia and Cote d’ Ivoire, because of the upcoming elections in Liberia.
He added that an agreement was also secured with Ghana, where thousands of Ivorians had sought refuge, for the repatriation of any Ivorians found to have committed crimes to face charges in their country.
Ouattara said former President Laurent Gbagbo and wife his, Simone, remained under detention at a presidential residence in the north of the country.
He said no decision had been taken as to whether Gbagbo would face trial in the country or before the International Criminal Court (ICC) at The Hague.
“Even if they were to be found guilty, dignity and consideration should be given to them because of their rank.”
Ouattara is to meet U.S. President Barack Obama and the head of the World Bank, and International Monetary Fund in Washington on Friday, to discuss ways to revamp the Ivorian economy.
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
AFAN Unveils Plans To Boost Food Production In 2026
-
News2 days ago2026 Budget: FG Allocates N12.78bn For Census, NPC Vehicles
-
Sports2 days agoAFCON: Osimhen, Lookman Threaten Algeria’s Record
-
Politics2 days agoWike’s LGAs Tour Violates Electoral Laws — Sara-Igbe
-
Politics2 days agoRivers Political Crisis: PANDEF Urges Restraint, Mutual Forbearance
-
Maritime2 days agoMARITIME JOURNALISTS TO HONOUR EX-NIWA MD,OYEBAMIJI OVER MEDIA SUPPORT
-
Sports2 days agoArsenal must win trophies to leave legacy – Arteta
-
Sports2 days agoPalace ready To Sell Guehi For Right Price
-
Sports2 days agoTottenham Captain Criticises Club’s Hierarchy
