Business
Agric Ministry Takes Delivery Of Improved Oil Palm Seedlings
The Cross River State Ministry of Agriculture and Natural Resources, has taken delivery of 100,000 Tenera Oil Palm Sprouted seedlings, from the Nigerian Institute for Oil Palm Research Benin, for the 2016/2017 planting season.
The Commissioner for Agriculture and Natural Resources, Prof. Anthony Eneji, made this known during an inspection of the seedling at the premises of the ministry in Calabar.
Eneji maintained that the government of Senator Ben Ayade was ever ready to assist willing farmers to realise their potentials in agriculture and by so doing, empowering every home in the state to have an income, capable of sustaining them.
He expressed the belief that the dream of the governor in making the state self-sufficient in oil palm, would soon be realised and called on farmers to take advantage of this opportunity to grow more oil palm plantations.
In a remark, the Director, Agric Services, Mr. Anari E. Anari, who conducted the commissioner round the sprouted seedlings, informed him that, the seedlings are sponsored by the state government through the Ministry of Agriculture.
The director added that the oil palm seedlings would be distributed to willing and interested farmers in the local government areas of the state, adding that, with this development, the state would soon take its proper place and become the number one oil palm producer in the country.
In an interview, the Desk Officer for Oil Palm, Ministry of Agriculture, Mr. Ubi Ubana, noted that the sprouted oil palm seedlings were gotten from the Nigerian Institute for Oil Palm Research, Benin, to assist farmers improve on their oil palm plantations and equally encourage new ones to go into oil palm plantation.
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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