Business
Bauchi Trains 16 Orphans In Shoemaking
Sixteen orphans,
sponsored by the Bauchi State Government, have started undergoing four weeks training in footwear manufacture at the National Institute of Leather Science and Technology (NILEST), Zaria.
The Coordinator of the programme, Dr Amali Ejila, called on the trainees in Zaria on Saturday to put in their best to acquire the necessary skills and knowledge.
He called on other state governments to emulate Bauchi state on youth capacity building programmes for societal transformation.
He hinted that preparations were in top gear to train 660 youths from Kano state in various trades.
The Director-General of the institute, Dr. Isuwa Kari-Adamu, said the training was the first of its kind.
Kari-Adamu, represented by Mrs Ziri Delo-Palu, a Director in the institute, said the initiative would provide the trainees with adequate skills and knowledge in footwear manufacture.
Kari-Adamu appealed to government agencies, the private sector and well-meaning Nigerians to sponsor more youths to undergo training and acquire skills
He described the four weeks training as a step toward moulding the orphans to become self-reliant and employers of labour.
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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