Business
Hotelier Tasks FG On Game Reserves
The Federal Government, has been called upon to put measures
in place to exploit the huge game reserve potentials for economic growth.
Mrs Ubongabasi Nseobot, the Public Relations Manager,
Southern Sun Hotel, Ikoyi, made the call in an interview with newsmen in Lagos.
Nseobot said the sector could be a huge revenue earner for
the country if government exploited the potential in the sector.
She said the country would industrialise faster with the
help of a game reserve, adding that tourism stakeholders were the ‘brain’ of
any nation.
“There is no way Nigeria would industrialise without tourism
on the lead.
“Hotels are everywhere, government generate fund through
them, adding that if a game reserve are in all the states, it will boost
tourism and bring about economic growth,” she said.
Nseobot said the country had potentials in the tourism
industry that could be exploited to create employment opportunities.
She suggested that government should decentralise the oil
industry so that the people could make use of their initiatives rather than
depend on “easy revenue made from oil”.
Nseobot said that tourism was a way of life of every society
as people were bound to hang out in relaxation centres.
Nseobot said that tourism had a way of advancing the course
of any given society by contributing to the development of that nation.
She noted that a peaceful and tourism environment brought
about development.
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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