Business
Rivers Honours Top Fashion Designers
The Rivers State Government has been commended for its decision to honour indigenous fashion designers and hoteliers. According to one of the recipients of the 2015 World Tourism Day award, Mrs. Vera Edemigha, the award was a monumental recognition of cultural creativity that would motivate fashion designers to project the culture of Rivers State and Nigeria as a whole.
Speaking while receiving award at Hotel Presidential, Port Harcourt, recently, Edemigha lauded the organisers for focusing on local entrepreneurs who are contributing to the economy by providing jobs through their creative works and urged the state and federal government to integrate skills acquisition in the school curriculum.
Edemigha, whose outfit, Vera Classics, was recognized by the Rivers State Ministry of Culture and Tourism said in an interview with journalists that many youths who graduate from the university roam the streets in the name of job seeking, noting that, if they had been taught skills they would not be looking for jobs.
She said that the notion that fashion design was for school dropouts was wrong, noting that there was a lot of potentials in fashion design and dress making in promoting the tourism sector and capable of driving the nation’s economy to enviable level if its potentials were harnessed.
According to Edemigha, whose outfit Vera classics is popular in making traditional cloths, promoting tourism through fashion design, “is an avenue to earn foreign exchange and also generate employment opportunity for the unemployed youths roaming the streets, adding “if we are dedicated in what we do, in future Nigerian designs would be very popular abroad just as we have Senegalese and Kente”.
She thanked the state Ministry of Culture and Tourism for the awardee.
Speaking at the event, the permanent secretary, Rivers State Ministry of Culture and Tourism, Mrs. Arosemi Teetito, stated that tourism was a major business that plays vital and catalytic roles in the transformation of various economies and appealed to the Rivers State Government to rehabilitate the Port Harcourt Zoological Park.
Also speaking, the Secretary to the State Government, Mr Kenneth Kobani, said tourism is an integral part of development, adding that government would do everything within its reach to promote tourism in the state.
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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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