Business
RSG Fighting Crime With Jobs – Amaechi
The Rivers State government has explained that its renewed employment generation drive is anchored on a new policy which seeks to fight crime with jobs.
The government has therefore charged those who have secured new job placements in government ministries and agencies to make maximum use of the opportunity by being hard working, productive and dedicated.
The state government, Rt Hon. Chibuike Rotimi Amaechi stated this Monday at the flag-off of the implementation of the Registration of Business Places Law, Cap III of Rivers State,
Represented by the Deputy Governor, Engr Tele Ikuru, the governor said that government was determined to put an end to unemployment induced crime and violence in the state and was fighting these through job-creation.
He therefore, charged the pioneer 150 inspectors trained for the registration of Business Places Unit of the Ministry of Commerce and Industry not to fail the government.
“If you fail, you have nailed the coffin of business registration in the state”, he said, pointing out that the computerised Data system of the ministry will fish out dishonest inspectors and other officers.
According to the governor, the re-introduction of registration of business places will not only put portfolio-carrying business men and women out of circulation but will establish genuine businesses which will be encouraged and supported by government.
Amaechi noted that for a long time, the registration of business places law which was enacted in 1976 had been implemented by touts and commended the Commissioner for Commerce and Industry, Mr. Chuma Chinye for his intelligence, focus and hardwork in ensuring proper implementation of the law.
Earlier, Mr Chinye had explained that everything had been put in place to ensure the enforcement of the law in a reasonable and non-arbitrary manner.
These, the Commissioner said, included the establishment of computerised data office, the training of 150 Inspectors and provision of 11 Toyota Hilux Vans for field operations.
The Deputy-Governor who commissioned both the vans and the Data office was conducted round the office by Commissioner Chinye.
Donald Mike-Jaja
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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