Business
NESREA To Expose Miners To Global Best Practices – DG
The Director-General, National Environmental Standards and Regulations Enforcement Agency (NESREA), Dr Ngeri Benebo, says the body is determined to expose miners to sustainable techniques in line with global best practices.
Benebo gave the assurance on Wednesday in Ilesa, Osun, while speaking to newsmen on the sidelines of a workshop on sustainable mining practices and techniques for gold miners.
She said the agency was worried about the impact of certain mining activities on the health of miners and the environment.
“If you are in the mining business, you must think of the environment and your own health by using protective devices to check the hazards of heavy metals,” she said.
She also cautioned against describing all locals engaged in mining as illegal miners, saying they were like other Nigerians in the labour market trying to earn a living.
“In this case, those who work at the Ilesa gold mine cannot be considered illegal miners because they are Nigerians, some of who are even natives of the community.
“They are not illegal miners because they have an association and leaders. They will not come out to a forum like this if what they do is illegal,” she said.
According to her, what the miners need is re-orientation to enable them engage in proper documentation with the relevant agencies of government.
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
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