Business
RVHA Lauds Gov Amaechi Endorses PHC Waterfronts Demolition
The Rivers State House of Assembly yesterday passed a vote of confidence on the State Governor, Rt Hon Chibuike Rotimi Amaechi and his Executive Council for pursuing people-oriented programmes and projects within the past two years.
The vote followed contribution by Hon Anthony Okeah (Obio/Akpor) during an interactive session between Governor Amaechi and the House as part of weeklong programme to mark the state governor’s two years in office as chief executive.
Hon Okeah had in his contribution noted that governor Amaechi had transformed the state to a higher level, adding that the state could compete favourably among other developing states in the country.
According to him, the state governor has provided basic infrastructure in virtually the 23 local government areas of the state particularly, Port Harcourt and its environs and urged his colleagues to publicly acclaim the governor’s commendable record of selfless service.
Apparently overwhelmed by the kind sentiments expressed, House Leader, Hon Chidi Lloyd moved a formal motion to that effect in accordance with House rules.
Hon Lloyd said that Governor Amaechi-led Executive Council has done well for the development of the state and deserved to be applauded and pampered with an award by the House. His motion was supported by Hon Hope Ikiriko (Awelga) and in the absence of any counter the House awaited ruling by the Speaker.
In his ruling, the Speaker, Rt Hon Tonye Harry, who presided over the special session described the state governor as a graduate of the legislature and thanked his colleagues for exhibiting such amiable conduct during the session.
Rt Hon Harry stated that Governor Amaechi had within the two years in office institution a rebirth in the governance of the state as well as introduced a re-orientation in the civil service assuring that the state legislature would continue to give the executive arm the well-deserved support for the benefit of the state.
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.
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