Business
Yuletide: Beauticians Forecast Good Patronage

L-R: President of NULGE in Enugu State, Comrade Lofa Aneke, outgoing Chairman, Udenu Local Government Area of Enugu State, Dr Godwin Abonyi and PDP Chairman, Udenu LGA, Chief Emma Chima, during a send off/church service for the Chairman at Udenu, Enugu State, recently.
A cross-section of hairstylists and beauticians at Okokomaiko and Ajangbadi markets, has said that they would have increased patronage in the lead-up to the Christmas celebration.
The beauticians said this in separate interviews with our correspondent in Lagos recently.
They said that they were optimistic that the season would boost their business and attract more customers to them.
A hairstylist at the Okokomaiko Market, Mrs Idowu Ogundare, said that during the season, more customers were interested in fixing a hairstyle called “lace wig’’, which she said was now in vogue.
She said that the prices of hairstyles now varied in line with the demand, adding that the bill of most stylists was also informed by the complexity of the hairdo.
“Prior to the Yuletide season, we fixed `lace wig’ at the cost of N1,800 but nowadays, the price ranges between N3,000 and N3,500, depending on the stylist.
“This week alone, I have fixed the hairstyle for not less than 15 different customers at the rate of N3, 200 per person; I am sure that the figure will increase by the third week of December,’’ she added.
Another stylist at the market, Mrs Ada Dikeh, said that she was particularly happy because the Yuletide season afforded her a good opportunity to maximise her profit.
“For me, business seemed quite dull until the beginning of December when I began to enjoy good patronage; I intend to make the best use of the season while it lasts,’’ she said.
A stylist who specialises in “million braids’’ Mr Steven Effiong, at the Ajangbadi market, said that as Christmas approached, the cost of fixing the braids was now N4,000, as against the previous price of N3,000.
“The benefits of the Yuletide season are so numerous especially for us. I now make the braids for N4,000, instead of the former price of N3,000.
“The hike in price is usually due to an increase in demand, as people want to look good in the season. I am sure that no matter the increase in price, most women will still pay,’’ he said.
A beautician at the market, Mrs Matilda Agwu, who specialises in facial massage, also expressed satisfaction at the level of patronage she currently enjoyed.
She said that the Yuletide season had exposed her business to new customers who had no prior knowledge of it.
“I usually carry my kit to saloons or shops where I could find women who are interested in massaging their faces.
“However, since the beginning of the month, a handful of customers now locate my shop to get a massage,’’ she said.
Agwu said that she was positive that her patronage would increase significantly as Christmas approached.
A beautician Mrs Ifeyinwa Odum, who specialises in manicure and pedicure at the Ajangbadi market, said that she was optimistic that she would make appreciable profit this season.
She said that she bought artificial nails and eyelashes from the Trade Fair Complex, Lagos, before fixing them for customers at stipulated prices.
Odum said that although her fees were low, when compared with those of hairstylists, she was still comfortable with her proceeds.
“This season, I collect N1, 000 to fix artificial nails in all the 10 fingers and toes, as against the former price of N700,’’ she said.
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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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