Business
ICT, Better Youth Empowerment Option – Ex Council Boss
Information and Communication Technology (ICT) has been described as a better way of both youth and women empowerment.
The former Chairman of Ahoada East Local Government High Chief Stephen Ihua Madum-Enyi dropped the hint on Tuesday in Ahoada while chatting with newsmen at a function.
Madu-Enyi said he believed in a lasting deal that can promote man and his environment.
He explained that ICT will go a long way in redirecting the minds of the youth and others judging from the speed at which the technology is growing.
He did not rule out other skills but maintained that ICT has a better way of equipping the mind.
The Ahoada East former council boss kicked against giving stipends to youths and women in the name of empowerment, suggesting skills acquisition as a better option.
According to him, any skill acquired whether ICT or not will stand the test of time than raw cash.
He stressed that the youths stand a better chance of withstanding the hurdles of skills acquisition training due to the challenges that are associated with it.
Madu-Enyi, who pointed out that there is poverty in the area, expressed the hope that with better skills acquisition programme, poverty could be addressed in the area, thereby reducing dependency on the council.
“You see, there are no much oil activities in this place, everything is on the local government. So, skills acquisition will reduce the dependency on the council”, he said.
Meanwhile, he has prayed God to protect the current council chairman, Hon. Cassidy Ikegbidi to enable him actualise his vision for the people.
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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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