Business
Commissioner Hails Former Perm Sec On Performance
The Commissioner for Commerce and Industry, Mr. Chuma C. Chinye, has commended the former Permanent Secretary of the Minsitry, Sir Awoye Halden Bob-Manuel for his outstanding leadership qualities.
Mr Chinye made the commendation at a farewell/reception party held at the Secretariat Complex, Port Harcourt in honour of former permanent secretary and the new one.
The commissioner lauded the sterling qualities of the out-gone permanent secretary which he said, reflected in the growth and development experienced in the ministry, during his brief stay.
He expressed appreciation for the team spirit among the staff and the leadership in the ministry, stressing that without such teamwork, no meaningful development could be recorded.
Earlier in his speech, the permanent secretary of the ministry, Sir Gift Ake thanked the commissioner for the conducive working environment which exists in the ministry.
He encouraged his predecessor to continue with his leadership style in his new place of assignment, while urging the staff to be more dedicated to their duties and to always obey the rules and regulations of the civil service.
In his appreciation speech, the former permanent secretary, Sir Awoye Bob-Manuel expressed gratitude to the commissioner and staff for the corporation given to him during his stay in the ministry of commerce and industry. Sir Bob-Manuel used the occasion to advise the staff to cooperate with his successor.
The highlight of the occasion was the presentation of gifts to the out-gone permanent secretary, Sir. Awoye Halden Bob-Manuel.
In a similar development, the commissioner has called on the staff of the Ministry of Commerce and Industry to be result-oriented in order to sustain the ongoing positive changes in the ministry.
Mr Chinye, who made the call enjoined the staff to show honesty, self discipline, and conviction, pointing out that transparency and sincerity should be their watchwords. He advised that staff should desist from attitudes that were inimical to the progress of their jobs, stressing that the ongoing changes should be reflected in their behaviours.
The commissioner added that rewards for hardwork would be introduced, urging all staff of the ministry to show commitment to their duties.
He pointed out that some of the facilities provided in the ministry, such as Crèche, Staff Canteen, business centre, among others were to encourage and improve productivity.
In his response, the permanent secretary, Sir Gift Ake, thanked the commissioner for his visionary leadership and the change initiatives he was embarking on.
Sir Ake assured that he would follow due process in carrying out his legitimate duties and promised to address every issue that would improve the welfare of staff of the ministry.
He urged all staff to show dedication to duty, saying that lateness and absenteeism would not be condoned.
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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