Business
NGO Begins Energy Generation From Waste
Community Conservation and Development Initiatives (CCDI), an environmental NGO, has commenced energy generation from waste in Lagos.
This was contained in a statement signed by the CCDI’s Programme Director, Mrs Kofo Adeleke in Lagos.
The statement said that the first phase of the pilot project was carried out in the Lekki Local Council Development Area (LCDA) of the state.
It said that the project, which would be replicated in other states, was tagged: “Energy Generation from Waste: A Locally-Based Livelihood, Resource Protection and Adaptation”.
“The project is expected to establish a locally-based integrated waste management strategy that will reduce waste, generate energy and improve lives.
“The project will also be making use of a locally fabricated bio-digester system in the conversion of organic waste into electricity and fertiliser,’’ the statement said.
It also said that with current effects of climate change, Nigeria, like other developing countries, needed to evolve a sustainable waste management system.
The statement noted that efficient waste management in the communities would promote public health and also reduce water and air pollution.
It said the project, when encouraged, would enhance skills acquisition, as well as provide income for the communities.
“The technical partners, Midori Solutions, will be converting fish guts, water hyacinth and other organic waste to bio-gas. Such bio-gas can fuel a 10KVA generator,” it noted.
The statement added that the project was being supported by the UN Development Programme (UNDP) and the Federal Ministry of Environment.
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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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