Business
RSSDA: 300 Rivers Indigenes Get Overseas Scholarships
About 300 indigenes of Rivers State have so far qualified for the 2009/2010 Rivers State Governor’s Special Overseas and Nigerian scholarship programme.
The Executive Director of the Rivers State Sustainable Development Agency (RSSDA), Mr Bola Ogunseye who said this in an interview in Port Harcourt said the selection was done through a fair and transparent process.
Mr Ogunseye said that the agency received 30,000 applications for the scholarship programme, while 5000 applications were received online.
He explained that out of the 30,000 applicants, 19,000 were invited for aptitude test which accounts for 80 per cent score line, after which 586 applicants were invited for oral interview which comprised physically challenged persons and these accounted for 20 per cent score-line.
RSSDA Director however said that 10 per cent of those selected were based on absolute merit, while eight candidates were selected per local government area.
He also said that 15 persons with physical disabilities who were successful at the interview would either be trained in the best private universities in the country or sent abroad.
Mr Ogunseye said that the agency this time around placed emphasis on some key areas such as medicine, technology, engineering and other science related courses because of the dearth of manpower in these areas in the state.
He explained the philosophy behind the scheme in the following words, Rt Hon Chibuike Rotimi Amaechi, our governor having looked at the rather weak current situation of manpower development in the state has chosen this option as a form of accelerated intervention to help fill the yawning gap in high level and middle level professional manpower in the state”.
Mr Ogunseye said that the state chief executive is concerned that more Rivers indigenes should qualify for jobs in major oil establishments across the world.
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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