Business
Fire Incident May Hamper ICT Farm
The 2013 edition of the Information and Communications Technology (ICT) Farm may be hampered due to the fire incident that occurred at the ICT centre in the Rivers State secretariat last year.
The ICT farm is an annual event for both primary and secondary students who are resident in the state no matter the part of the world they came from.
Inside sources at the centre, said if the place is not fixed before the end of this month, this year’s edition of the programme may likely not hold.
Our sources pointed out that a lot is actually needed in the project, adding that early preparation was key to the success it had recorded over the years.
The Tide gathered that the ICT Farm, had groomed several students in ICT related matters since its commencement in 2010.
The centre as we further learnt, was part of Governor Amaechi’s visions to stress the importance of education for all regardless of their backgrounds.
Some beneficiaries of the project, like Menakai Amadi, said the programme should be redesigned to reach those in the rural communities to enable them upgrade their knowledge of computer.
He noted that since the benefits of the scheme are numerous, it will be ideal to allow all students to partake in it.
Amadi suggested single enrollment per students, saying that it will be tantamount to greed if any student who had benefited from the programme enlisted again.
The fire incident, had also caused a level of work load for its users, as most of them now do their computer/internet works at paid business centres around the area.
An unconfirmed report, has it that the state government is likely to refix the burnt ICT centre before the ICT farm programme around August this year.
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.
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