Business
Director, Urges Youths To Explore Tourism Potentials
The Director of Research and Documentation, Ministry of
Tourism, Culture and National Orientation, Mr Chudi Uwandu, on Thursday, called
on youths to explore the potentials in the tourism sector.
Uwandu, who made the call in an interview with newsmen in
Abuja, noted that the abundant opportunities in the tourism sector had yet to
be harnessed.
According to him, people focus more on the search for white
collar jobs while paying less attention to tourism potentials.
Nwando said that exploring the opportunities in the tourism
sector would diversify the economy and contribute to the nation’s gross
domestic earnings.
He stressed that the age-long neglect of the sector had
contributed immensely to rural-urban migration.
Uwandu also harped on the need to expose young people to
their places of origin to enable them appreciate their culture better.
He said the move would enable the youth to share their
experiences, identify the tourist locations in their communities and promote
their cultural heritage.
Uwandu stressed that better understanding of one’s
personality and origin was crucial to the sustenance of cultural history.
Cue-in audio 1
“There is a lot to benefit from your personality and from
your environment.
“My message for the youth is remain in touch with your root;
there is nothing wrong with your root.
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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