Business
Work Begins At Bayelsa Airport Site
Clearing works will soon commence at the proposed site for
the Bayelsa State Airport Projects along Amassoma/Tobia Road in Southern Ijaw
Local Government Area.
This follows the approval of the State Executive
Council during its 10th session held at
the Banquet Hall, Yenagoa last Wednesday.
Also approved are contracts for an access road to Boro Town
in Kolokuma/Opokuma Local Government Area, sand filling and reclamation of the
beach annex at the proposed Golf course area of Government House Extension as
well as the construction of a bridge and access road to Tourist Island in the
State capital.
Briefing the Press after the meeting, Commissioner for
Information and Orientation, Deacon Markson Fefegha, announced the arrival of
buses for the state transport scheme, adding that to ensure the effective
management and operation of the scheme, Government has concluded plans to map
out routes for the restoration cabs and the new buses to alleviate the
sufferings of commuters across the state.
He said, Government noted with dismay the indiscriminate
parking of vehicles on both sides of roads in the state capital, which has been
largely responsible for several hold-ups being experienced within Yenagoa and
its environs.
According to the Information and Orientation Commissioner,
Executive Council also urged Bayelsans to take advantage of the Information
Communication Technology, ICT, Law and other Diploma programmes of the Bayelsa
State College of Arts and Science, BYCAS to acquire middle level manpower
skills as part of government’s drive to industrialise the state for rapid
economic development.
He explained that, as a deliberate policy to encourage
Bayelsans, the application forms for the various Diploma programmes in BYCAS
have been pegged at N500.00 (Five Hundred Naira) only, with lectures expected
to commence in two weeks time.
The Executive Council also expressed serious concern over
rising cases of insecurity in waterways across the state, stressing that,
Government will soon take appropriate steps to deal decisively with the
situation to ensure safety of lives and property in all nooks and crannies of
the state.
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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