Business
Institute Wants Domestication Of National Building Code
Worried over rising cases of collapsed buildings in the country, the Nigerian Institute of Architects, has urged Edo State government to domesticate the National building code, saying that the code will help to specify various standards for building; from conception to post building to enhance a peaceful environment.
Edo State Chairman of the Association, Arch. Timmy .O IKhisemejie who disclosed this at a media briefing ahead of this years’ “World Architecture Day” urged against quacks in the profession. “Let Engineers, town planners and various body abide by its own role when building”.
The event which is bid to hold on the 3rd of October at the Bishop Kelly Pastoral Centre in Benin City also has as its theme: ‘Architecture and Human Rights’.
The one day event will offer all participants and partners; the opportunity to come in contact with various key players and stake holders in the building industry.
Besides, it will serve as a policy advocacy instrument/opportunity to Edo State Government and stakeholders in the building industry.
Pathine Ehigie, Benin
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.
Business
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