Business
Sesame Seeds To Be Produced Commercially – Researcher
A researcher, Dr Ibrahim
Haruna, has said that effort is being made to facilitate the commercial production of sesame seeds in Nigeria.
Dr Haruna, who disclosed this to The Tide in Port Harcourt when he visited the Nigeria Stored Products Research Institute in Rumueme, near Port Harcourt.
He said that the seed had huge potential to contribute to national income between 2015 and 2016 as an export revenue generator.
Haruna, a researcher at the Raw Materials Research and Development Council (RMRDC) also promised to facilitate the commercial production of sesame seeds in the country.
According to him, the council had greatly supported farmers in the production of quality products from sesame seeds to Soya beans, cassava and other products.
He said that the council had supplied some out grower associations in relevant states across the country with improved varieties of seedlings for commercial production.
“The council has been involved in the area of rural Development in genetic improvement of the seedlings for the development of improved varieties and establishment of sesame cleaning centres in some selected states of the federation.
According to him, the initiative will avail the nation the power base for the production of hulled sesame seeds, adding that the sees could be used for Tahini, Humus, Chocolates, salads, cake and pastes and useful for food and pharmaceuticals.
Corlins Walter
Business
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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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