Business
Obaseki Assures Youth Of More Skills Acquisition, Business
Governor Godwin Obaseki of Edo says his administration will continue to empower and equip the youth with the necessary skills to create jobs and grow their enterprises so they could contribute significantly to the state’s economic growth and development.
This is contained in a statement issued yesterday by Special Adviser to The Governor on Media and Communication Strategy Crusoe Osagie.
According to the statement, the governor gave the assurance in commemoration of the World Youth Skills Day celebrated every July 15 by the United Nations across the globe.
The governor said the move was part of his promise to create 200,000 jobs and raise an army of highly skilled workforce who would proffer technology-based solutions to societal challenges.
Obaseki said his administration would continue to expand the space for more youths to gain practical skills that would make them gainfully employed.
He said, as part of “we are redesigning our educational curriculum to give priority attention to technical and vocational education as well as Information and Communication Technology (ICT),” Obaseki said.
“My administration will not relent in empowering Edo youth with in-demand skills and make the state attractive for investors requiring skilled labour.
“Today, more youths in the state are benefitting from our huge investment in the Edo Innovation Hub, Edo Production Centre, and other skill-based programmes rolled out by EdoJobs.”
He said that the ongoing reconstruction of the Benin Science and Technical College (BSTC) which was nearing completion, would serve as grooming ground and a hub for training tech-based solution providers.
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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.
