Business
Expert Advises Banks To Recruit Physically Challenged Persons
A financial expert, Mr Titus Okunronmu, last Thursday advised the management of banks to recruit more persons with disabilities.
Okunronmu, a former Director in the Central Bank of Nigeria (CBN), said in Lagos that banks should give jobs to more qualified persons with disabilities.
He was reacting to plans by the CBN Governor, Malam Sanusi Lamido Sanusi, to recruit a victim of UN building bomb blast, who lost her legs.
The former CBN director said that engaging persons with disabilities was in line with the international best practices, but advised that banks should not sacrifice merit in the process.
He said that the physically challenged persons were equally gifted and should be given the opportunities to excel in their chosen careers, particularly in the banking industry.
Okunronmu said that the apex bank had been championing the cause, adding that the CBN had always employed persons with disabilities.
It will be recalled that Sanusi has advised banks to open special branches for persons with disabilities.
The CBN Governor also advised the banks to give special consideration to customers with disabilities.
He said that this could be done by ensuring that the entrance to the banking halls were built to allow the use of wheel-chairs.
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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.
Business
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