Business
Emblems Launch Nets N 9.2m In Sokoto
No few than N9.2 million was realised at the launching of the 2012 Armed Forces Remembrance Emblem in Sokoto State on Wednesday.
The highest donation of N2.7 million came from the Offices of the Secretary to the State Government and the Head of Service.
The chief launcher, Alhaji Sahabi Bodinga, donated N1 million, while the deputy chief launcher, Alhaji Abdurrahman Bawan-Allah and the PDP gave N1 million each.
All members of the National Assembly from the state, including the Speaker of the House of Representatives, Alhaji Aminu Tambuwal, donated N1.3 million cumulatively.
The Sokoto State of House of Assembly gave N800, 000 and the Sokoto Sultanate Council, N250, 000.
Heads of Security Agencies comprising the Army, State Security Service, the Police and Nigeria Security and Civil Defence Corps, donated N200, 000 Gov. Aliyu Magatakarda Wamakko gave N1 million on behalf of State Government.
Wamakko said that the occasion was meant to remember the nation’s fallen heroes, saying: “these are our fallen heroes who died in our fatherland.’’
“There can be no better service to the nation than dying while protecting it,’’ he said, and pledged the State Government’s continued support to the Legion.
He urged the people and organisations to complement the efforts of the three tiers of government by honouring the fallen and surviving heroes, who sacrificed their lives to ensure a united Nigeria.
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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.
