Business
Perm Sec Tasks Staff On Hard Work
Mrs Fatimah Bamidele, the Permanent Secretary, Ministry of Science and Technology, on Friday in Abuja urged the staff of the ministry to work diligently to improve science and technology.
This was contained in a statement from the ministry signed by the Chief Press Secretary of the ministry, Mr Tai Shobanjo.
The permanent secretary in her interaction with the staff was quoted as saying that the need to meet the staff arose in a bid to know their constraints and their projections toward achieving expected goals.
The statement quoted her as saying that the Federal Government was ready to provide the enabling environment for the staff to contribute their quota to the socio-economic and technological development of the country.
“Science and Technology is the pivotal of nation building and it should be used to drive the country’s economy.
“Due process and transparency will be the watchdog of the ministry and laxity will not be tolerated.
“Any staff that do not observe accountability and probity will be sanctioned in accordance with the civil service rules,” the statement quoted her as warning.
It also quoted the permanent secretary as saying that the ministry would embark on the training of the staff, especially in computer appreciation.
The statement said that Mr Wahab Jimoh, the Director of ICT in the ministry, who responded on behalf of the staff, pledged their support to the permanent secretary.
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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