Business
IFAD Restates Commitment To Train Rice Farmers
The Kebbi State
Project Manager, International Fund for Agricultural Development (IFAD), Mr Joel Aiki, says the agency would continue to train farmers in the state on modern rice farming.
Aiki made this known when, Governor Saidu Dakingari, visited farmers on training in Suru Local Government Area last Tuesday.
He commended the state government for training the farmers as well as provision of fertiliser and seedlings to farmers that were trained by IFAD in conjunction with USAID.
The project manager gave the assurance that there would be an increase in production of rice due to the training and provision of farming inputs.
Dakingari, who visited the farmers on training as part of his inspection of ongoing projects, reiterated the determination of his administration to boost commercial rice production and encourage farming activities.
A cross section of the trainees expressed their resolve to engage in large scale rice production after the training, and called for support from state and international organisations.
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.
Business
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