Business
Agency To Establish Clean Cookstove Design
The International Centre for Energy and Environment Development (ICEED) is to establish a Clean Cook Stove Design and Testing Centre at Akanu Ibiam Polytechnic, Afikpo, Ebonyi State.
Clean stoves use limited wood, coal, biomass and solar, in order to reduce green house gas.
It will be recalled that ICEED had proposed to introduce 10 million cook-stoves to Nigerian homes by 2020, to reduce the high death toll attributed to poisonous emissions from the use of firewood.
The ICEED, in partnership with the Energy Commission of Nigeria (ECN), would provide stove producers, users and other relevant stakeholders, the opportunity to confidently compare stove performance and safety.
The Executive Director ICEED, Mr Ewah Eleri, while briefing newsmen on Tuesday in Abuja, said that the plan was to provide a common set of terminology for clean cook stoves, for easier understanding.
Eleri assured stove producers, marketers and users of quality product, to enable stove users know that they were making worthwhile investments.
He gave the assurance that the stoves would be affordable.
Eleri, said that World Health Organisation report, said that poisonous emissions from the use of firewood and charcoal was amongst the top four causes of death in Nigeria.
The report said that the emission accounted for the death of more than 90,000 Nigerians annually.
Also speaking, Prof. Eli Bala, acting Director-General, ECN, also pledged support for the clean stove initiative.
Bala, represented by Dr Roseline Keila, Energy Coordinator in the commission, said that Nigeria, was blessed with abundant energy resources.
She said that the country was also blessed with huge savings opportunity in all sectors of economy, which could be exploited and transformed into fuels and heat.
Bala, however, explained that the domestic energy utilisation in Nigeria was done with repulsively inefficient devices, thus leading to relentless energy wastage.
“The annual blazing of firewood in Nigeria is estimated at about 21.7 billion kg utilised principally for cooking and other domestic functions.
“Out of these, only about 20 per cent is gainfully expended due to gross inefficiency in our cooking systems.
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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