Business
Cote d’Ivoire: UN Prescribes Social Cohesion For Economic Recovery
The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) in Cote d’Ivoire, has suggested social cohesion as a precondition for the recovery of the country’s economy.
The Officer in charge of OCHA in Cote d’Ivoire, Ute Koliies said last Monday in Abidjan that to facilitate reconstruction and economic recovery, the Ivorian government needed to put more efforts to facilitate social cohesion.
The Tide source reports that the political crisis that engulfed the country had resulted in about 3,000 deaths, with many of those displaced without food and shelter.
She said that there was need for a continuous humanitarian intervention in the country to ensure sustainable reintegration of hundreds of thousands of displaced persons and refugees.
Kollies also said that the support of the international community in Cote d’Ivoire was crucial in other to enable it withstand the shock from the political crisis.
“People need to return to their homes and live their normal lives, engage in meaningful activities before economic recovery can be achievable,’’ she said.
Meanwhile, OCHA’s report on the humanitarian need of Cote d’Ivoire in 2013 showed that more efforts would be geared towards providing support for internally displaced persons.
According to the report 86,000 Ivorians live as refuges in neighbouring West African countries while 22,050 persons live in severe conditions of malnutrition.
The reports estimated that infant mortality rate in the country is at 125 per cent while 56 per cent of births are handled by unqualified persons.
It said that about three million vulnerable Ivorian lacked access to potable water while 3,480 households in the west needed to rebuild their houses.
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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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