Business
Group Seeks Statistics On ICT Usage
The President, Nigeria Internet Group (NIG), Mr Bayo Banjo,
has urged the Federal Government to establish a statistics agency on ICT usage
in Nigeria.
The NIG president said
in Lagos that such agency would provide database on ICT usage to improve
governance and economic development in the country.
“ICT are undeniably gaining ground, even in some remote
corners in the country, but the exact figures and the impact of this increase
are difficult to quantify.
“Developing an internationally acceptable ICT statistics
database will boost the Nigerian economy unprecedentedly,” he said.
Banjo said ICT statistics were critical for identifying
areas where government could use ICT to improve and implement its development
strategies.
“Quality data can help government define strategies for more
advanced banking and financial services, e-government and e-business.
“It also helps government to monitor its own policies and
draw comparisons with other countries,” he said.
Banjo said that at the enterprise level, data on ICT usage
would help companies, especially small and medium scale enterprises in taking
business and investment decisions.
“Appropriate ICT strategies, for instance, can help
businesses increase their productivity and competitiveness and participate
fully in national and international supply chains,” he said.
Banjo said that it was important for the government to
support new initiatives to collect ICT data and increase their consistency and
comparability.
“Not only will this make the task of governance easier, but
it will also help economists, investors and government to monitor the digital
divide between developed and developing countries,” he said.
He suggested that the proposed agency should be free from
government’s influence to function properly.
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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