Business
PH Club Re-elects Uti
Port Harcourt Club 1928 has re-elected Mr Churchill Uti as president of the club for the 2009/2010 club calendar.
Mr Uti was returned unopposed alongside his vice president, Barr. Golden Tamuno, while the post of general secretary was won by Barr. Soalabo West, and Charles Oruitemeka emerged treasurer.
The only female contestant, Mrs Tammy Boardman won the office of membership secretary, while Dele Maku is the new sports secretary.
Feddy Inimgba and John Dodo emerged House and Grounds secretaries respectively, Omuobor Oyibo and Telema Lawson are Bar and Kitchen secretaries, while Sammy Pepple and Ogaranya Nwabueze are the social secretaries.
In his post election speech, during the club’s annual general meeting held at the Unity Hall, the president thanked members for the confidence reposed on the new management committee and assured that with their co-operation and support, the new team will take the club to greater heights as the premier recreational club in Nigeria.
Mr Uti promised to give all sections priority attention as well as also complete the club’s building.
He appealed to members to show more commitments to the affairs and development of the club.
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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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