Business
Gov Launches 42km Road Project
Governor Isa Yuguda of Bauchi State last Thursday launched the construction of the 42-kilometre rural road connecting Burga to Kundak and Dull in Tafawa Balewa Local Government Area of the State.
Yuguda said in Burga that investing in rural road network was part of his administration’s efforts to improve the living standard of the rural communities.
He said that lack of access road in such communities was seriously affecting the socio-economic development of the rural dwellers.
“The road, when completed, will enable the rural dwellers to transport their agricultural produce and mineral resources.
“It will also enable them to easily access health care centres for medical services, especially pregnant women,” he said.
The governor assured the rural dwellers of his administration’s commitment to education, health and agriculture, to improve their living standard.
The State’s Commissioner for Rural Development, Alhaji Bukata Bayero, said that the contract for the project was awarded to A. A Ashafa Construction Ltd. at N42 billion.
He said that the project was expected to be completed within 18 months.
The Chairman, Caretaker Committee of the Tafawa Balewa Local Government, Alhaji Iliyasu Gital, thanked the state government for its development projects in the area.
According to him, the project will transform the community’s economic activities.
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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