Business
NTDC Advocates Cross-Industry Synergy To Boost Tourism Sector
The Nigerian Tourism Development Corporation (NTDC) last Thursday called for synergy between stakeholders from various industries to boost the tourism sector.
The Director-General of the corporation, Mr Folorunsho Coker, made the call in an interview with newsmen in Abuja.
Coker said such synergy would boost tourism industry, present positive image about the country, create job opportunities as well as generate more revenue for the country and investors.
“Marketing and presenting the positive image of Nigeria is a collective responsibility for everyone of us as patriotic Nigerians.
“So the corporation is advocating for a cross-industry support from everyone, especially those in the entertainment, sports, music, film industries as professionals to be image makers of the country and sell Nigeria’s products.
“We can showcase things, objects, wears and lifestyle that portray the Nigerian identity, culture, tourist sites and the love for our country on our various social media platform.
“This will further encourage tourists to visit and partake from our rich and beautiful identity,’’ he said.
The NTDC boss called on stakeholders in the hospitality, transport, entertainment, tourism sector to synergise and produce a single product that will make the sector thrive.
“We need to come together and create a single product that is easy to sell, buy and produce.
“We need to address issues of transportation, visa, accommodation, sites and entertainment that tourists can enjoy when they book for a visit”, he said.
“This will encourage tourists to visit Nigeria knowing fully-well that a schedule has been made with options and access to things that would make their stay easy, hitch-free and enjoyable,’’ he said.
Coker, therefore, reiterated the commitment of the corporation toward improving the tourism industry and improving the nation’s revenue.
Business
Agency Gives Insight Into Its Inspection, Monitoring Operations
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.
