Business
Expert Urges Buhari To Appoint Metallurgist Minister Of Mines
The Secretary General, African Iron and Steel Association, Dr Sanusi Mohammed, has advised President Muhammadu Buhari to appoint a professional Metallurgist as Minister of Mines and Steel Development.
Mohammed gave the advice in an interview with newsmen last Wednesday in Abuja.
He said that a professional with high integrity who knows and understand the language of the ministry should be appointed as minister.
Mohammed also called on the Federal Government to rename the Ministry of Mines and Steel Development as Ministry of Mines and Metallurgy.
He advised the Federal Government to transfer the ministry to the presidency for better care and attention, just like what late President Shehu Shagari did during his administration.
Also, Mr Dele Ayanleke, the National Secretary, Miners Association of Nigeria (MAN), called on the Federal Government to isolate insecurity in the north from mining operations.
Ayanleke said that the claim by the Federal Government that the suspension of mining operation in Zamfara, was as a result of the activities of bandits and illicit miners, was worrisome.
According to him, insecurity and kidnapping are happening in the south south region, but none of the oil companies has suspended operations.
“Ostensibly, the government should deal with the issue of insecurity in that zone.
“As an association, we want the Federal government to separate insecurity from mining operations; insecurity in the northern part or Zamfara should not be a yardstick to stop miners operating in that area,” he said.
Ayanleke urged the Federal Government to provide adequate security for miners operating across the country.
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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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