Business
GPHCDA To Promote Environmental Sustainability
The Administrator of Greater Port Harcourt City Development Authority (GPHCDA), Dame Aleruchi Cookey-Gam says the Authority will continue to support government’s policies and programmes aimed at promoting environmental sustainability in line with the United Nations environmental standards and regulations.
Mrs. Cookey-Gam, represented by the Director of Development Control, Sir Oliver Ngozi Worgu, said this last Sunday on the occasion to mark the 2011 World Environment Day, with the theme Forest: Nature at Your Service, organised by the Authority.
Sir Worgu further stated that the Authority, through its development control exercise, will protect the open space corridors from human activities in order to maintain the ecological integrity as conservative enclaves; pointing out that in building a world class city, the authority will conform with UN’s World Environmental Standards. She stated that GPH will preserve all natural habitats to checkmate flooding and other environment hazards in the new city.
The Director also advised individuals to abide by the master plan of the new city and key into government’s urban renewal programme; adding that those who wished to buy or develop their properties in the New City should visit the authority.
In his goodwill message, Professor Alex Chinda of the Institute of Pollution Studies (IPS), Rivers State University of Science and Technology, noted that “the World Environment Day, always supported by the authority, provides an avenue for the public to understand and effectively contribute to the increased economic, social and ecological security that threatens future stock of natural capital or endangered ecological functioning and life-support systems”.
He further enjoined members of the public to take advantage of the opportunity to gain knowledge on critical environmental issues that would help solve socio-economic problems relating to the environment that will provide maximum benefit from the conservation, management and use of biological resources.
This year’s celebration featured seminar, paper-minimisation campaign in Greater Port Harcourt, essay competition and prizes among selected secondary schools within the Phase 1A of the new city.
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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