Business
Octogenarian Donates Relief Materials To Bayelsa Flood Victims
An octogegenarian, Dame Mercy Alagoa says, she has donated materials worth N500,000 to flood victims in Bayelsa State. Alagoa, who spoke with newsmen in Port Harcourt Thursday, said the move became imperative following the sufferings of the victims in different camps in the state.
She noted that people in affected areas were going through hardship due to the devastating nature of the flood.
The Tide gathered that some deaths have been recorded in some parts of the country, due to snake or crocodile bites.
While calling on the public spirited individuals to brace up and tackle the situation, she called on Nigerians to come out and be their brother’s keeper.
According to her, this is the best period to show love for one’s nation, hinting that the Federal Government is already providing food for the victims in their camps.
Furthermore, she revealed that one Peace Ambassador Ombor and another private individual have promised her a 30 seater boat and helicopter to enable her convey the items to Bayelsa.
Such development she said, will fast track the business following the bad nature of the road due to the flood.
The philanthropist also hinted that one international NGO, World Outreach Medical Centre headed by Dorn Manadom, had volunteered to offer medical assistance with some medical teams from Shell.
She maintained that the victims need even treated mosquito nets and other items that will fight cold in their camps.
She said that she was in touch with the deputy Governor of Bayelsa State to ensure that the items were evenly distributed among the people regardless of their political affiliations.
Meanwhile, the philanthropist had lauded President Jonathan and State governors for their efforts, adding that her assistance will be continuous until the flood subsides.
At the time of filing this report about 31 states are believed to be submerged.
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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