Business
Provost Tasks N’Delta Institutions On Youth Training
The Provost of Akwa
Ibom State Collage of Education, Nsit Ibom, Dr Patrick Uko, has called on tertiary institutions in the Niger Delta to run programmes on fishery.
Uko, who made the call in an interview with newsmen in Nsit Ibom last Sunday, said that the measure would help to reduce youths’ unemployment in the region.
The provost said that the programme would equip the youth with modern techniques in fishery and enable them be self-employed after their studies.
“We have rivers in our environments and we are still importing fish. This idea of importing everything including fish does not do the country any good,” he said.
He also said that education should not be left in the hands of government alone, “all and sundry should be stakeholders in the business of education so as to meet the demands of the society.
The Provost stressed the need for academic institutions in the area to collaborate with the private sector in utilising the available resources in the environment to create wealth and provide services.
He urged these institutions to draw input from the environment where they were sited.
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.
