Business
Surveyor Tasks Colleagues On Entreprenaurial Skills
A Land Surveyor, Mr.
Sylvanus Adeaga has urged his colleagues in the surveying profession to increase their entrepreneurial skills for the growth of the profession and the society at large.
Adeaga, a fellow of the Nigerian Institution of Surveyors (NIS) who said this in Lagos while speaking to Journalists on Friday said the challenge for professionals in the field has become so enormous given current issues arising from the built environment.
He said that the fellowship level is the highest membership cadre in the institution and is reserved for surveyors who have distinguished themselves in the profession.
According to him, the challenge for those who have been inducted into the cadre was for them to become worthy and exemplary leaders in all ramification such that the profession, their community and the country would continue to benefit from their services. The fellow of NIS maintained that the institution would continue to reach out to members of the public in the drive to create positive partnership for the development of the nation.
He explained that the institution had participated in the leadership development and strategic change management workshop organised by the Association of professional bodies of Nigeria, recently.
According to him, the lessons learnt would be passed down the hierarchy of NIS through courses to be organised for leaders of the institute.
Adeaga, however, listed some of the importance of surveying and mapping technologies to the oil and gas industry in Nigeria, adding that 80 percent of all assets deployed in oil and gas exploration and production were location dependent.
Corlins Walter
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.
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