Business
Hoteliers Urge RSG To Fix Airport Hotel
The Rivers State chapter of the Nigeria Hotels Association has called on the state government to reactivate the Port Harcourt International Airport Hotel, Omagwa.
The state chairman of the association, Mr Eugene Nwayeze, who spoke to newsmen in Port Harcourt recently said it was sad that the hotel built with Rivers people’s money was in a poor state of use.
According to him, the hotel has been moribund for decades and needed to be put in order so that the much sought after revenue to boost the state’s resources could be enhanced.
“The Port Harcourt International Airport Hotel should be put in use because the sight is not good for the image of the state”, he said.
He lamented that previous governments had not been able to resuscitate the hotel, even as he called on the government to consider fixing the outfit.
“Successive governments of Rivers State have not been able to do anything regarding the hotel, so I am appealing to Governor Nyesom Wike to look into the issue of the airport hotel.
According to the hotel boss, if resuscitated, the hotel would further boost the revenue and tourism potentials of the state.
He expressed optimism that the hotel if restructured and properly managed could create revenue and employment for the teeming youths of the state.
It could be recalled that the Port Harcourt International Airport Hotel, Omagwa has remained moribund for decades, thereby depriving the state of the much needed revenue.
Business
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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.
