Business
FG, UNIDO Partner On Employment, Entrepreneurship
The United Nations Industrial Development Organisation (UNIDO), says it is partnering with the Federal Government to hold a job fair on youths employment and entrepreneurship.
UNIDO’s Head of Agribusiness and Agro industry/Employment, Mr Chuma Ezedinma made this known in an interview with newsmen in Abuja last Friday.
Ezedinma said the fair, scheduled to hold in Abuja and Lagos, would serve as linkage between job seekers and employers of labour both in the public and private sectors. “What we are trying to do with this job fair is to sensitise youths on what is available in respect of jobs in the country.
“This is by bringing them together with the private sector people who are employers of labour.
“At the fair, we would be able to show them the kind of skills that are required within all levels and types of private sector engagement.
“Basically, the job fair is designed to bring the jobs and seekers of the jobs together,’’ Ezedinma explained.
He said a 15-member Inter-ministerial Committee was already working out the modalities for the fair.
The terms of reference include building a database for unemployed youths in the country and showcasing successful entrepreneurs.
Also to build and launch a website for entrepreneurship and job fair where employers could put up online job openings and job seekers could directly register online. Members of the committee include representatives from the Federal Ministries of Trade and Investment, Education, Labour and Productivity, Women Affairs and Youth Development, UNIDO, Industrial Training Fund, Others are Small and Medium Enterprises Development Agency, Bank of Industry and the National University Commission, National Board for Technical Education and National Employment and Consultative Council.
The others include Manufacturers Association of Nigeria, National Committee on Job Creation and the Chamber of Commerce, Industries, Mines and Agriculture.
Business
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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.
