Business
Abia Gov Flags Off Flyover Project
Abia State Governor, Okezie Ikpeazu, has flagged off a flyover project at Osisioma Ngwa junction on the Enugu – Port Harcourt, Expressway in Aba.
Speaking during the event at the weekend, the governor stated that Osisioma Ngwa interchange was borne out of the need to ease traffic at the junction.
He said apart from that, it would make life easy for the people, stressing that his administration was determined to boost trade and commerce in the state.
Ikpeazu added that the Osisioma Ngwa Flyover project would go ahead against all odds as it is being funded by a bank guarantee. “We want to shorten the time it takes from Enugu or Umuahia to access Port Harcourt, Aba and the hinterlands.
“We want to ensure that our people who are traders can take their products from Osisioma-Ngwa North, Isiala Ngwa, Obingwa and get into Aba to market them” he said.
The Abia governor explained that whatever government was doing to boost trade and commerce will be incomplete without the influx of buyers from Akwa Ibom and Rivers States.
Earlier, the State Commissioner for Works, Hon. Eziuche Ubani, who said the flyover project would link the Osisioma Ngwa Industrial Layout to the city and open up access road to the Port Harcourt International Airport, and assured that the contractors would deliver quality jobs.
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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.
