Business
Firm Tasks Consumers On Product Quality
Cadbury Nigeria Plc, producers of Bournvia says it will continue to fight adulteration as the company advised consumers to always make sure they buy genuine products with expiry date clearly noticed.
The South-East, South South Activation Manager, Mr. Cyril Arebum who stated this during a seminar organised in Port Harcourt said the company does not allow its product to expire in the market.
Arebum disclosed that the company product, Bournvita was recently endorsed by the Nutrition Society of Nigeria (NSN), adding that the product which has lasted over three decades was a confirmation of a good product.
The Activation Manager noted that the seminar which participants were drawn from nurses, doctors, matrons and teachers was aimed at helping Nigerians update their knowledge of nutrition issue.
According to him, it is a nutrition road show we embarked on as a corporate social responsibilities the company owe the consuming public, adding that this enables the company to share information that will benefit the nutrient level of Nigerians.
“We chose to embark on the seminar so that we can rub minds with stakeholders and those we consider “gate keepers” in the society concerning the management of nutrition amongst our population,” he said.
He said that the company aims and objective is to give back to the society, to enable them reach out to their environment.
Meanwhile, the former secretary of the Nutrition Society of Nigeria (NSN), Mr. Emmanuel Okoro said the company, Cadbury Plc met the standard for the certification of the organisation’s endorsement.
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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