Business
NEMA Donates Relief Materials To Obelle Community
The National Emergency Management Agency (NEMA) has donated materials and items worth millions of naira to Obelle Community in the Emohua Local Government Area.
In his address at the occasion, the South South Zonal Director of the Agency, Mr. Umesi Emenike said that the gesture was to help in the on-going reconstruction effort of the people following the devastation of the community by communal crisis two years ago.
Mr. Emenike also said that the Agency is adopting a direct distribution method to ensure that the materials get to the affected persons.
He said that similar gesture has been made to Abonnema and Kaani communities in Akuku/Toru and Khana Local Government Areas respectively.
Alsos speaking, the state commissioner for Special Duties, Chief Davies Ibiamu Ikanya, said that communities engulfed in crisis in the state should not expect relief materials from the government.
Chief Ikanya who was represented by the Director, Disaster Management in the ministry, Mr. Napoleon Hezekiah stressed the need for communities to be at peace with themselves and their neighbours.
Speaking onbehalf of the community, Chief Edmund Ikeh, thanked NEMA and the state Government for the gesture, promising that the items will be judiciously utilised.
Items donated include a truck load of cement, zinc truck load of rice, truck load of beans, amongst others.
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.
