Business
Media Executive Tasks RSG On ICT Dev
The Rivers State Governor, Chief Nyesom Wike has been called to make Information and Communication Technology (ICT) top on his development agenda.
The General Manager, Avi Media Concept, Mr Godwin Tunde, made the call in a exclusive chat with The Tide Wednesday, in Port Harcourt.
He said that the call became imperative after a keen observation of ICT development in the state.
Tunde, who praised the Wike-led government over the level of ICT development in the state, insisted on more attention as seen in other sectors.
According to him, information technology has taken over almost all sectors across the globe, sequel to its daily massive penetration in all sectors.
The media executive also appealed with the state governor to ensure that all areas of the state ministries that have ICT facility are utilising same. He was of the view that some ministries and departments with ICT facilities do not make use of same over unknown reasons.
The media expert said that unless government introduced a mandatory digital system in all its affairs, the needed growth in ICT may not be recorded.
He explained that time has come for total appreciation of the industry and pointed out that the world has departed from analogue system long ago.
On whether the Rivers State Government could boast of any ICT benefit so far, he answered in the affirmative as he cited the current biometric exercise as a case study.
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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