Business
Hospitality Institute Trains 3000 Students
The Head, National Institute for Hospitality and Tourism
(NIHOTOUR), Lagos Campus, on Thursday said that a total of 3000 students had so
far graduated from the institute.
Mr Wale Odeyemi stated this
in Lagos that the institute produced the graduates between 2009 and
2011.
He said the graduates were from the school of crafting,
hotel management and catering services.
“Between 2009 and 2011 we trained about 3000 students in
tourism, catering, crafting and other related courses, such as hotel
management, stressing that “for Lagos campus, we are striving to meet a
training target of 2000 to 3000 yearly. “The target is for us to meet the
needed technical craft and skilled manpower required to service the travel,
tourism and hospitality sector of the economy,’’ he said.
The head of the Lagos institute noted that the increase in
the figure was as a result of the demand for trained workforce in the
hospitality and tourism industry\ stressing that the graduates had so far been
absolved by various sectors of Nigeria’s travel, tourism and hospitality
industry.
Odeyemi disclosed that the institute was also collaborating
with degree awarding institutions, to offer masters degree programmes for its
students.
He said that the institute was also collaborating with
schools abroad for exchange programmes for its students, to enable them meet up
with the latest skills in the industry.
According to him, for the hospitality industry to grow,
there is need for well articulated manpower development and training
programmes, to enable them acquire the basic skills for hotel services.
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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