Business
Dealers Association Congratulates Energy Commissioner
The Rivers State Chapter of the Kerosene Dealers Association of Nigeria have congratulated the Rivers State Commissioner for Energy, Dr. Dawari George on his recent appointment and subsequent swearing-in.
The State President of the Association, Comrade Big-Daddy Fred Barango who stated this while briefing newsmen in his office in Port Harcourt; commended the state dynamic Governor, Rt. Hon. Chibuike Rotimi Amaechi for the choice of Dr. George for the energy sector.
He described the appointment of Dr. George as a square peg in a square hole; and urged him to bring his wealth of managerial ability to bear in his new assignment.
Comrade Barango stated that the Kerosene Dealers Association in the state has been looking forward to the well deserved appointment of Dr. George, who he described as a vibrant youth leader; and urged him to partner effectively with the Kerosene Dealers Association to carry the state to another level.
He prayed God Almighty to give the Hon. commissioner infinite mercies and wisdom to contribute his own quota to the advancement of the society; and pledged the loyalty and support of the Association members.
The Kerosene Dealers Association President further congratulated the State Executive Governor, Rt. Hon. Chibuike Rotimi Amaechi on the anniversary of his second year in office. He commended the Governor for the various developmental strides and urged him to maintain the tempo.
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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