Business
‘Retraining Of Workers, Top Government’s Priorities’
The Rivers State Government, has declared that without training and retraining of workers in the state the much needed quality service delivery cannot be achieved.
This was stated by the Commissioner for Local Government, Chieftaincy and Community Affairs, Hon. Charles Okaye during a two-day capacity building workshop for Council Chairmen, Directors of Finance and members of the National Union of Local Government Employees (NULGE) in the state.
The Commissioner said that the workshop was organised to equip participants with enough information to promote security in the state.
Also speaking during the workshop, the Executive Director, Rivers State Sustainable Development Agency (RSSDA), Mr Noble E. Pepple said RSSDA and the Ministry of Local Government, Cheiftaincy and Community Affairs agreed to organise series of workshops for key officers at the local level in order to update them on the best practices in local government administration.
In his speech at the workshop, the Chairman of Port Harcourt City Council, Hon. Chimbiko Akarolo lauded the programme, saying, it would guide the council Chairmen, Directors of Finance and NULGE officials at the local level to provide good governance.
The theme of the workshop was “Charting a Sustainable Course for a Greater Local Government Development.” The workshop featured the Director General, Rivers State Bureau on Public Procurement (BOPP), Barr Franklin A. Nleriem, Prof Edmond A. Allison-Oguru and others as resource persons and guest speakers.
Philip Okparaji
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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