Business
NPC Sensitises Hotelliers On Productivity
In its sworn plan to ensure that most entrepreneurs in the country embrace practices that can enhance productivity the National Productivity Centre (NPC) has taken the campaign to the hotel industry.
The Director General of the Centre, Dr. Paul Bdliya while addressing the participants at a national working productivity in the hotel industry held in Abuja recently, said Nigeria though endowed with abundant human and material resources is yet to fully deploy the potentials for its development which is threatening meeting of the global development set targets.
“While it is widely acknowledged that Nigeria’s rich human and material endowments give her the potential, to become Africa’s largest economy and a major player in the global market, most of these potentials have remained largely untapped, thus making the attainment of the Millennium Development Goals (MDGs) by 2015 a difficult task. Consequently, concerted efforts to improve productivity in a bid to revitalise all sectors of our economy have become imperative”, he said.
Dr. Bdliya explained that the importance of productivity in national building is universally recognized as no human activities fails to benefit from its improvement
He pointed out that it is not surprising that enhance productivity has remained an essential and important international determinant of real economic growth, social progress and improve standard of living of nations.
The NPC boss who spoke through the Director, Financial and Administration of the centre, Mallam Jubril Musa Yelwa, gave insight to the training of hospitality personnel is central to the development.
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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