Business
Foundation Plans Digital Empowerment For Journalists
Following its
determination to enhance quality journalism in Rivers State, the Evans Osi Foundation (EOF), says all logistics to empower the first set of pressmen with digital recording devices have matured.
The secretary of the foundation, Mr. Ola Jacobs, made this revelation in an exclusive chat with The Tide last Wednesday in Port Harcourt.
He said EOF became more worried over continuous observation of journalists in the state who still do their jobs manually.
Jacobs, noted that pressmen ought to be the first to embrace the digital world as the most dependable source in the ICT industry.
According to him, part of the reasons for the project was to ensure that reporters in the state rank among the best in the international community.
He did not specify on how to draw names of beneficiaries, but said it would be organised as to accommodate good percentage of reporters in the state.
Earlier, the chairman of the foundation, Mr. Ifeanyi Evans-Osi, said the idea was also to immortalise his father whom he described as an astute journalist.
He hinted that the project may not exceed the end of next month in a bid to keep reporters’ hope fresh.
Evans-Osi, said the first batch of beneficiaries may be smiling home with portables digital devices and other gadgets.
Reacting on why the project was delayed, he said resources were limited then, saying green light has been shown in that direction.
The Tide was informed that the project may not pass through the NUJ in order to provide level playing ground for all.
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
AFAN Unveils Plans To Boost Food Production In 2026
-
News1 day agoNigeria Has Woken Up From Slumber Under Tinubu – Shettima
-
News1 day agoOji Clears Air On Appointment Of 15 Special Advisers By Fubara
-
Featured1 day agoRivers: Impeachment Moves Against Fubara, Deputy Hits Rock …As CJ Declines Setting Up Panel
-
News1 day ago
Nigeria To Begin Exporting Urea In 2028 -NMDPRA
-
News1 day agoEFCC Indicts Banks, Fintechs In N162bn Scams
-
City Crime1 day ago
Health Commissioner Extols Fubara’s Commitment To Community Healthcare Delivery
-
Niger Delta1 day ago
Tinubu, Leading Nigeria To Sustainable Future – Okowa … Lauds Oborevwori Over Uromi Junction Flyover Construction
-
News1 day ago
Situation Room Decries Senate’s Delay On Electoral Act, Demands Immediate Action
