Business
Ahead Nat Confab: PDP Begins Forms Sale For Chairman
The Peoples Democratic Party has announced the sale of forms to candidates who intend to contest for the position of National chairman of the party at the National Convention due to hold in February, 2012.
Though it is not clear if any member has picked the form for the post, one of those whose name has been linked to the contest is the National Publicity Secretary of the party, Prof Rufai Ahmed Alkali who says he has not formally made his intention known.
In a swift reaction to media reports, Prof Alkali said before any weighty decision concerning the issue is taken, “it is my duty and responsibility to first of all undertake full and elaborate consultations with respected stakeholders at all levels including leaders and members of the Board of Trustees, the Governor, elders and leaders of the party in Gombe State as well as the North-East zone and other leaders nationwide before making any declaration.
According to him, recent newspaper reports and analysis must have emanated from permutations based on the fact that the position has been zoned to the North East where he comes from.
Prof Alkali disclosed that his entire focus is geared towards contributing his modest quota in his duties towards supporting the Acting National Chairman of the party, Alhaji Baraje to ensure the growth and stability of the party.
“Even where my interest is involved, I should not lose focus of my duty as a member of the National Working Committee in advancing the cause of the party, which is the most democratic, disciplined and well organized political party in the country”, he said.
Patterson Koko
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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