Business
Association Makes Case For Zoological Gardens
A member of the African Arts and Cultural Heritage Association (AACHA), Mr Steve Eruada, has called on the Federal Government to develop the zoological gardens to boost the tourism sector.
Eruada told newmen on Tuesday in Abuja that most animals in zoos in the country had died due to improper care and maintenance.
He, however, said that zoos were expensive to maintain, but that with effective partnership between the private sector and the government, the situation would improve.
“The zoological gardens in the country should be properly maintained to serve as a source of revenue generation for the country.
“Though the maintenance is quite expensive, more should be done to make them more attraction and productive to the economy.”
Eruada said that well developed zoos were critical to the growth of tourism sector in the country.
He advised that zoological gardens should be used for the purpose for which they were set up.
According to him, most gardens are used for social gathering rather than for the purpose for which they are created.
“Tourism is not about just opening up gardens for beer parlours, night clubs, recreations and other negative motives, but to impact the economy positively.”
He said that we need to value nature by getting close to it, adding, “zoological gardens are made up of species of animals that are part of nature.’’
Eruada, however, urged Nigerians to create the attitude of appreciating the country’s ecosystem.
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.
Business
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