Business
ITF To Train 360 Women On Skills
The Director-General, Industrial Training Fund (ITF), Mr Joseph Ari, says 360 women will be trained under its new programme,Women’s SkillEmpowerment Programme (WOSP).
Ari made this known in an interview with newsmen in Abuja, recently.
He said that 30 women would be selected from two states in each of the geopolitical zones.
Ari said that after the training, the women would be empowered with starter packs to enable them start their business.
He said that ITF would partner with Galilee International Management Institute in Israel on agriculture.
Ari said that ITF was still studying the proposal for partnership by the Institute.
According to him, when the programme takes off, it will enable ITF align itself with the Federal Government’s diversification programme.
He said that ITF was ready to provide dynamic and proactive services aimed at achieving its mandate in line with government agenda.
Ari said that ITF had reviewed its vision and came up with policy and implementation strategies to enable it take a leading role in human capital development.
According to him, ITF intends to convene Nigeria Skills Summit with the following deliverables: Set actionable steps for developing employable skills in Nigeria and examine best practices for aligning skills development to market needs.
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.
Business
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