Business
RTC Presents Gift Items To Commuters
In a bid to appreciate passengers’ patronage, the Rivers State Transport Company (RTC) has presented gift items to its customers who emerged successful at this year’s raffle draw organised by the company in Port Harcourt.
The RTC facilitator of the programme, Wariso Biadima, said the gesture was a way of saying thank you to passengers who patronised the company’s transport service, and also abided by the terms and conditions of the company.
The gift items which include plasma television, cell phones, among others, were won through raffle draws.
According to him, “This is one of the means we use in appreciating our customers, the passengers. There is what we call transit and win programme, once you board our vehicle, you are qualified for the draw”.
The RTC Public Relations Officer, Christiana Dokubo Bob-manuel, said that those who qualified for the raffle draw were picked from the passengers’ manifest which is a travelling record of passengers names, identity and phone number on board a particular vehicle from January to December, each year.
She said, “once you buy the ticket from the beginning of January to December, so by the January next year, you have a raffle draw. We produce the ticket, so anybody from the crowd either commuters that are around or guest that are around – from this January, we have started another one that will end by December, and by 2021 January, there will be another raffle draw. This one now is for 2019”.
One of the beneficiaries, who spoke to The Tide on condition of anonymity, expressed his gratitude to RTC for recognising the importance of commuters as a major stakeholders in their commercial activities. He said that he would continue to patronise the RTC, saying its services remains one of the best among others in the state.
He also called on the government to provide security along the major highways in the country.
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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