Business
Centre Seeks Women Participation In Budget Process
Women have been called upon to actively participate in budget processes
The founder and Chief Executive Officer, Kebetkache Women Resource and Development Centre, Miss Emeni Okon, gave this charge recently at a workshop on Finance for Development, organised by the centre in Port Harcourt.
Okon, who was speaking while presenting the reports of a research on women participating in budget process, to civil society organizations, called on women groups to engage government on budget for women in the society.
She said the aim of the workshop was to find ways to increase women participation in budget planning and implementation.
According to the activist, “we want to mobilise people to engage the government of the day to ensure that women and community needs and aspirations are imputed into the budget so that officials will not sit in their offices and draw up budgets for projects or activities that they assume are addressing women and community needs”.
She continued, “budget should actually evolve from the community, so we are looking at increasing advocacy and campaign for people to speak up.
She further said the research work would assist the government in reflecting the basic community needs inside the budget”.
Okon noted that the research was carried out in four states including Rivers, Lagos, Delta and Enugu.
Tonye Nri-Dappa
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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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