Business
NIESV Poise To National Development
The National President of Nigeria Institute of Estate
Surveyors and Valuers (NIESV), Emeka D. Eleh has said that the institution’s
priority is geared towards infrastructural development and national empowerment
in the country.
He said that the organisation in the cause of pursuing
national development has donated some reading materials and books to students
of Rivers State Polytechnic Bori, to enable them get relevant knowledge.
Eleh stated these when he visited Victory Okorji Associates.
According to him, the major purpose of the visit is to
interact with their students in the state and know ho the organisation is
piloting its affairs.
“We have a good vision for Nigeria, our interest is to
develop the country in all ramifications.
He noted that the organisation have donated books to
students of Bori Polytechnic, adding that “we are very much concern with our
students.”
He stated that for the organisation to achieve its aims and
objectives, NIESV has concluded plans to organise a workshop latter this month,
tagged “Infrastructural Development and National Empowerment,” saying that the
seminar would educate Nigerians on how to managed their properties.
Also speaking, the branch chairman of NIESV, Rivers State Mr
Emma Okas Wike, said their target is to get more professional members, adding
that membership has been the problem of the organisation in the state.
Mr. Wike also stated that one of the major challenges is the
need for secretariat or office space.
According to him, the company have gained over 100
management properties in their portfolio and successfully executed over 150
major valuation briefs within Nigerian and outside the shores.
Tonye Orabere
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.
