Business
Journalists Urge Insurance For Practitioners
Journalists in Enugu State have called on all levels of government to provide insurance cover for practising journalists.
The journalists, who spoke in commemoration of Thursday’s World Press Freedom Day, lamented that there was no insurance cover for Nigerian journalists in spite of the day-to-day risks they faced.
The journalists, who spoke with newsmen in Enugu on Thursday, said government should provide protection for journalists to encourage them.
A veteran journalist who retired from the Daily Star Newspapers, Chief Odogwu Odoemena, said an insurance cover for journalists would boost the practice of investigative journalism.
“It has been overdue for government to take up this thing and pay insurance cover premium for journalists because their job is that of 24 hours, but they should ensure that the person is actually a journalist.
“What I ask media men is to continue doing their jobs irrespective of the hazards. What they are meeting now is not what had been scheduled for.
“They should continue; let them not be despondent and everybody should be working with caution equally.’’
Also speaking, the Regional Editor of the Leadership Newspaper, Mr Mike Ubani, called on media owners to organise better remuneration for journalists to enable them to function more effectively.
He advocated for the merger of weak media outfits or those that had become moribund to make them more vibrant and productive.
In her reaction, an editor in another media house said that adequate sensitisation of both journalists and the people would help in the implementation of the Freedom of Information (FOI) Act.
“I believe that a good number of journalists, the people that the bill was meant for to facilitate their jobs, equally do not know what is expected of them from the Freedom of Information Bill and that is why they are not using it for now.
“The level of implementation of the FOI Act is very low apparently because of lack of knowledge on the part of practicing journalists in Nigeria and even the public, the society.
Business
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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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