Business
Housing: Expert Seeks Eco-Friendly Practices
Mr Taiwo Adewole, an environmentalist, recently called on operators in the construction industry to adopt eco-friendly practices and materials in housing construction.
He told our correspondent in Lagos that this would reduce the negative impact of human activities on the environment.
“There is urgent need to address the challenges like climate change, resource depletion, pollution, and peak oil before we reach a point of irreversible damage to our life supporting systems.
“These issues are all accelerating rapidly and all have strong links with the building industry,’’ he said.
Adewole said that human activities were responsible for significant amount of air, soil and water pollution as well as millions of tonnes of solid wastes.
“With the declining fossil fuels and the threat of global climate change, reducing our energy consumption is an essential survival strategy by choosing to build green to save energy,’’ he said.
According to Adewole, eco-friendly methods can further reduce energy consumption by minimising energy required for heating, cooling, and lighting.
“Saving energy for the occupant also saves money.
“This is an issue that will become increasingly important as the cost of fossil fuels rises in the near future,’’ he said.
Adewole said that there were good reasons why Nigerians should use eco-friendly construction methods and materials as they could improve the health of our planet and the human health.
“It also supports local business and helps strengthen the local economy, which in turn helps to build our communities into vibrant, prosperous and desirable places to live,’’ he said.
The environmentalist said the government should recognise the urgency of going green by integrating green specifications into building regulations and codes.
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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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