Business
Centre Graduates 326 In Opobo/Nkoro LGA
Three hundred and twenty six participants last Saturday graduated from a month-long human capacity development programme in Opobo Town, headquarters of Opobo/Nkoro Local Government Area of Rivers State.
Organised by the International Centre for Population Development Activities (CIPA) and sponsored by Hon Boma Brown, a businessman and philanthropist, the programme trained the participants in computer operation, catering, bead/hat making, cosmetology, solar energy technology, basic electrical and satellite dish installations, business development skills and environment sanitation among others.
Speaking at the occasion which attracted a large crowd at the King Jaja Monument Square, the Executive Director of CIPA Mr Joseph Yongough said the 326 graduands was the single highest number sponsored by an individual, of the about 15,000 trainees produced by the organisation since its inception.
Yongough commended the sponsor for committing several millions of Naira in the sponsorship of the programme which has afforded the beneficiaries skills to be self-employed.
He however, regretted that out of the 500 participants targeted by the sponsorship, only 326 persons availed themselves of the free skills acquisition programme.
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.
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