Business
Council To Empower 250 Youths
The National Youth Council of Nigeria (NYCN), in Delta
State, says it has concluded plans to empower 250 youths in the state before
the end of the year.
The Chairman of the Council, Mr Hope George, disclosed this
in an interview with newsmen in Asaba.
George said the empowerment programme involved training in
different skills, adding that 10 youths would be selected from each of the 25
local government areas of the state for the scheme.
According to him, the youths will be trained in bead-making,
paint manufacturing, mobile telephone repairs and computer appreciation.
He explained that the essence of the programme was to reduce
the rate of unemployment, youth restiveness and criminal activities in the
state.
He also said that the programme would help to reposition the
less-privileged in the society, adding that it would be extended to the
physically-challenged.
George disclosed that the programme would be conducted in
batches, adding that the first batch would commence training in October.
“At the end of the training, the beneficiaries will be given
starter packs to enable them to establish their businesses.”
He said that a sensitisation campaign to precede the
training had begun in all the council areas.
“The sensitisation is to prepare potential participants in
the programme on its essence and the trades available,” he said and assured
that the scheme would be an annual event.
He also disclosed that the council would hold its annual
summit in the last quarter of the year and that it would focus on unemployment
and security challenges facing the state.
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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