Business
Confab Secretariat Confirms Payment Of Delegates’ Allowances
The National Conference
secretariat said on Tuesday in Abuja that it had paid the allowances of delegates to the conference.
The Assistant Secretary, Conference Proceedings, Dr Akilu Indabawa, disclosed this at the resumed plenary at the official venue of the conference at the National Judicial Institute (NJI).
Indabawa said that the secretariat had been inundated with so many enquiries from some delegates who had not received alerts of their payments.
“Some delegates gave business accounts but we cannot pay into business accounts but personal accounts of the delegates.
“We have paid for two weeks ahead from 17th March to 31st March. The payments covered accommodation and transport while sitting allowance is paid for Mondays to Thursdays.
“We are giving you the payment slips so that you can know how much you earned,” he said.
The secretary, however, said that there were still issues with GT Bank and asked delegates using the bank to bear with the secretariat till the issue is resolved.
Indabawa also said that the secretariat was making efforts to provide tags to personal aides of the delegates to address their complaints of constant harassment by the security personnel.
He, however, appealed to the delegates to reduce the number of their personal aides as the secretariat will only make provision for a driver and an aide for the delegates.
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.
