Business
RSG Cautions On Land Within GPHC Axis
The Rivers State Govern
ment has urged land developers not to embark on any developmental project within the Rukpokwu axis around the Greater Port Harcourt City (GPHC) , without approval or clearance from the GPHC authority or the Ministry of Urban development.
This is aimed at forestalling any unpleasant consequences that may arise in the future in terms of demolition that would be carried out, in the event that developers did not heed to instruction in respect of the planning and logistics in the GPHC development programme.
Handing down the instruction when speaking to newsmen in Port Harcourt on the recent development within the Rukpokwu community, especially with the peaceful demonstration by women of the community on land issue, the Sole Administrator of GPHC, Mrs Aleruchi Gookey-Gam said it will be wrong for anybody to go and develop property within the area without getting approval and clearance from government.
Mrs. Cookey-Gam explained that land and roads within the area of Greater Port Harcourt are yet to be demarcated, adding that it will be meaningless for people to build houses any how within the area, which could be demolished by government later, if such building falls within the GPHC enclaves.
She further said that government has not acquired the said land in dispute, and will not use force without going through the process of acquisition and compensation.
According to her, all that government was trying to do was to advise and prevent people from developing, when the area has not been demarcated, so as to avoid unpleasant waste of resources.
Corlins Walter
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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