Business
…Tasks NYSC Members On Founding Fathers’ Vision
President Goodluck Jonathan of Nigeria has advised Batch “A” 2010 members of the National Youth Service Corps (NYSC), to make judicious use of the vision of the founding fathers of the scheme which they imbibed during their service year.
President Jonathan gave this advice yesterday in Port Harcourt during the passing-out programme of the Batch “A” 2010 Corps members deployed to Rivers State.
The President, whose address was presented by the Deputy Governor of Rivers State, Engr. Tele Ikuru who represented the State Governor, Rt. Hon. Chibuike Amaechi said his administration was sure that the scheme had impacted positively on the lives of the nation’s youths, adding that it had contributed to Nigeria’s social harmony and unity, urging the passing-out corps members to apply the experience they acquired through the scheme in administering on-going task to build an egalitarian society.
Dr. Jonathan explained that his administration strives to adopt the best practices in governance, providing infrastructural facilities and education to the people, expressing optimism that the corpers would use education, the springboard of the scheme as a veritable instrument for national change.
On his part, Governor Amaechi, noted that the corpers had rendered selfless service to the various communities in the State where they discharged their primary assignments, commending them for their successful service year, assuring them that the State Government would meet all their entitlements within one week.
Also speaking, the chairman of NYSC Governing Board and former Secretary to the State Government, represented by the Permanent Secretary, Special Services, Office of the State Government, Mr. Solvens Okari also commended the corpers for successfully completing their service year in the State, stating that five corpers would receive the State Honour’s Award, four, the Chairman’s Award while five would receive the State Co-ordinator’s letter of commendation for their outstanding performance in the State.
He, however regretted that thirty one would repeat their service year for abscondment while twenty four would have their service extended, urging all the members not to discard the experience they gathered during the year but use it for national development.
In her address, the State coordinator of NYSC, Mrs. Esther Wogbo expressed gratitude to chairmen of local government areas, traditional rulers and people of the state for their magnanimity to the corps members posted to their communities, commending Batch “A” 2010 corpers for their meritorious service, stating that some corps members distinguished themselves in their services in the communities which would earn them various awards.
Highlight of the occasion was the presentation of Governor’s Award to Mr. Adewale Oyegun who distinguished himself as the most outstanding corper of the service year.
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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