Business
Groups Seeks Positive Housing Development Policies
A Non-Governmental Organisation (NGO),
Collaborative Media Advocacy Platform (CMAP) has advocated for enthronement of
policies that will stimulate housing development in Rivers State and Nigeria in
general.
Speaking to journalists shortly after a
public forum on housing in Port Harcourt recently, the Executive Director of
the organisation, Mr Michael Uwemedimo said that some of the policies of
government do not promote housing development.
He said that forced eviction and mass
demolition of structures have remained a serious challenge in housing
development in Nigeria, adding that housing has to be connected to other areas
of life like employment.
According to him, “Housing has to be
integrated to other aspects of city life. We need to play safe in our homes,
and we have to increase the security in housing so that there can be
stability.”
The CMAP director posited that his
organisation does not support forced eviction, pointing out that there ought to
be adequate information to the people and proper time given to them to have
alternative habitation before eviction.
Mr Uwemedimo stated also that their role
as an NGO is to create a room for dialogue and for people to participate on
issues on housing and habitation, adding that CMAP has created a platform for
communities to air their views.
He however praised the efforts of the
Rivers State Ministry of Housing in collaboration with other ministries and
organisations.
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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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