Business
Housing Minister Emerges UN-Habitat Council President
The Minister of Lands, Housing and Urban Development, Ms Ama Pepple, has been elected President of the Governing Council of the United Nations Human Development Programme (UN-Habitat), The Tide source reports.
The news of her appointment was contained in a statement issued in Abuja last Friday by the Assistant Director of Press in the ministry, Mr. Salami Musibau.
The statement said that the minister was elected at the 24th session of the Governing Council in Nairobi, Kenya. Pepple will serve for two years.
Musibau said in the statement that the election was due to Nigeria’s robust and active participation in Africa’s urban development agenda.
The statement added that the minister commended the governing council for electing her, and promised to do her best in the capacity.
“I will be more interested in promoting sanitation during my tenure,” the statement quoted the minister as saying.
It added that Pepple attributed her election to the support and approval given by President Goodluck Jonathan for Nigeria to play a leading and central role in the council.
According to the statement, the minister promised greater support for investment in human capital development.
She said, “Nigeria is taking a cue from America and Western Europe’s increased investment in sustainable urban development.
“Such goals will be geared toward the creation of improved economic opportunities for all with special reference to gender and youth in order to address the growing challenges posed by rapid and poorly managed urbanisation in Africa.”
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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