Business
NIMET Wants Nigeria To Phase Out HCFCs
The Nigerian Meteoro logical Agency (NIMET), has stressed the need for Nigeria to join the rest of the world in phasing out the consumption of Hydro Chloro Fluoro Carbons (HCFCs).
This was contained in a statement issued in Abuja by Chief Anthony Anuforom, the Director General of NIMET, on the occasion of the 2011 Ozone Layer Day.
The theme of the Day was: “Hydro Chloro Fluoro Carbons (HCFCs) phase-out: a Unique Opportunity.”
“Since Nigeria is a party to the Montreal Protocol, we strongly believe that this is the only way to achieve the cardinal objectives of protecting the stratospheric ozone layer for which the convention and protocol are designed.
“There is need for public awareness programmes and information systems on ozone, and air quality issues in order to reduce the emission of pollutants that cause excess ozone production near earth’s surface,” the statement said.
It said that it was important to avoid or minimise the use of vehicles with smoky exhausts that release unburnt and injurious hydrocarbons into the air.
The statement advised the people to avoid the use of firewood for cooking, air fresheners, insecticide, and perfumes that were not ozone friendly, and bush burning.
It further said that the level of climate benefits that could be achieved was dependant on the global-warming potential of substitutes and the energy efficiency of alternative technologies used to replace HCFCs.
The statement said this could be achieved by minimising bush burning and the use of firewood for cooking.
It said that the HCFC phase-out presented countries with a unique opportunity to select cutting-edge technologies that eliminate ozone-depleting substances, while reducing national energy costs and maximising climate benefits.
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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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