Business
Chemical Control: FG Partners Crop life International
The federal government has kick-started moves towards the effective control of the negative impact of chemicals in Nigeria as it enters into an agreement with a consortium, Croplife International, to get rid of obsolete pesticides that are hazardous to the health of citizens.
John Ody, minister of environment who spoke in Abuja during the memorandum of understanding (MOU) signing with the firm, said plans are underway to draw a standard chemical management policy that would drastically minimize the dangers associated with its uses in the country.
The minister said the programme is well designed and timely adding that the technical committee will sensitise the general public on the challenges and danger obsolete pesticide poses and how to handle them, particularly farmers who are more exposed to the danger. Odey said chemicals usage had become widespread in economic activities and in domestic life which required immediate proper regulation to avert toxicity impact on humans and livestock adding that the effort was also geared towards safeguarding the nation’s eco-system.
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.
Business
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