Business
WAEC Commissions PH Office, Soon
Authorities of the West African Examinations Council (WAEC), say the Port Harcourt zonal office would be officially commissioned next month.
Deputy Registrar and Zonal Co-ordinator, Port Harcourt Zone, Patrick Ehidiamen Areghan who disclosed this to The Tide at the weekend said the commissioning ceremony would take place on May 21, 2013.
Mr Areghan said arrangements had reached an advanced stage, adding that the event would attract personalities from WAEC and the Federal Ministry of Education. According to him to the Governor Chibuike Amaechi was expected to grace the occasion.
It would be recalled that the Port Harcourt branch office of WAEC was formerly situated at Port Harcourt/Aba Express Road by Waterlines Junction but Rivers State Government in its magnanimity donated a new expansive complex at Sani Abacha Road.
The new complex has solved the problem of inadequate office accommodation that was affecting the council.
Describing the assistance of the Rivers State Government to the council as wonderful, the Zonal Co-ordinator remarked that the commissioning ceremony is to appreciate the gesture of the state government to the council.
In a similar development, the Zonal Coordinator of Port Harcourt office has warned that the council would deal with any supervisor who attempts to promote examination fraud, saying, would not compromise with its position on examination malpractice.
Mr Areghan advised any person with evidence of such acts to report officially to his office, promising that such supervisor would be adequately purnished according to the law.
Chris Oluoh
Business
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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.
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