Business
‘Artworks Can Create 2m Jobs’
Artworks if properly har nessed could generate about 2 million jobs for youths in the country, Gbenga Sentoris, an Abuja-based artist, said last Thursday.
Sentoris, who spoke to our correspondent in Abuja, said that artworks could generate employment, if due attention was given to the profession by the government.
“ Artworks can employ up to 2 million youths, I am surprised when I see some of my colleagues in the profession ending up as teachers.
Sentoris said that that might largely be due to lack of endurance, adding that artwork demanded a lot of endurance for a breakthrough.
He said that Nigerians often appreciated artworks if they were good and they would not mind paying for it, saying “good artworks sell faster”.
“People are getting to know more about art in Nigeria. More than 15 years ago, people were not aware of the importance of artwork, but now there is a lot of improvement,“ he said.
He urged those who were into artwork not to lose hope as it would pay off in the long run and called on government to pay attention to it to help it in its quest for employment generation.
Sentoris called on government to set up a centre where artworks could be displayed for the public to see.
“Government should help us to express and display artworks where people can work in and see paintings , if you go to South Africa and Ghana you will see artworks on display,“ he said
He said where artworks could be displayed in places like Sheraton Hotel in Abuja was not good enough; noting that artists in the country had a lot of work to display, because there were good artists in Nigeria.
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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