Business
Youth Dev: Consultant Harps On Govt, Media Partnership
A media consultant, Adebisi Boboye, has called on the three tiers of government to partner with the mass media to inculcate the right values in young people.
Boboye told newsmen in Lagos Wednesday that the partnership would go a long way to orientate the youth properly on leadership and some other responsibilities.
According to him, the media remained the best tool for such orientation.
“In recent times, the media through technology have become the biggest platform that can be used to either make or mar.
“Government must find means through which it can partner with the media as well as control what it puts out for public consumption.
“Believe it or not, the Boko Haram insurgency and Niger Delta restiveness and others came into existence because members of the groups learned the modes of foreign terror group operations through various means including the media,’’ he said.
Boboye said: “We have lost our culture, norms and values to modernity viewed and imbibed via mass media platforms.
“Our total way of life as a people has been altered but if government partners with the media, we will begin to see how the media can assist through airing suitable programmes.
“Government partnership does not mean total control, but reasonable control.’’
He added that young people should take advantage of the information age by using media platforms to read and learn skills beneficial to the society.
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.
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