Business
RSUST, Diamond Bank To Partner On Managerial Ability
The Management of Rivers State University of Science and Technology (RSUST), Nkpolu, Port Harcourt said they are willing to synergise with Diamond Bank for managerial ability as dependable allies.
The Vice Chancellor of the university, Professor Barimene Fakae dropped the hint during a colloquium organised by the Faculty of Management Studies, Department of Management at the school’s Amphi-theatre, last Thursday.
Professor Fakae, who was represented by the Deputy Vice Chancellor, Professor Howell Hart said with the school attaining greater heights in educational career, such collaboration would help in research and other services and described the occasion as unique.
He said despite the high level of unemployment in the society, such synergy would be a stepping ground for the students of the department to acquire better and practical knowledge of the sector.
The Vice Chancellor disclosed that the Senate of the school had approved the re-introduction of appointing technocrats into the Board, adding that the move would further boost the academic prowess of the school, and lauded the initiative of the department, describing the theme of the colloquium, “Students-Industry Interface; Consolidating the Gown-Town Relationship,” as appropriate.
In his speech, the chairman of the occasion, Professor Augustine Ahiazu said the event would afford the students real life after their career, pointing out that it would give them an insight and motivation in preparation for the future.
Professor Ahiazu, who was represented by the chairman of Okrika Local Government Area, Hon Tamuno Williams described the occasion as apt with actualities in the industry with Diamond Bank to impact real life knowledge to them, admonishing that with hard work and determination, the sky would be their limit.
He later declared the colloquium open. In his speech, the Special Guest and Dean, Faculty of Management, Professor Sete Accra-Jaja hinted that they would mobilise the workforce to achieve desired results through efficient managerial life, adding that the colloquium was aimed at bridging the gap of managerial life after their career.
Professor Accra-Jaja enjoined the students to learn how to develop themselves, and build them emotionally for a healthy mind and body adding that energy management thinking can be solve through positive thinking as “Positive thinking is the panacea to achievement of goal.”
Also speaking, Diamond Bank Plc, Mr Joe Anaele charged the students to start designing their career with the information at their finger-tip and highlighted some benefits of saving with the bank.
Mr Anaele said the bank is also ready to partner with the students to enable them have interest in their career in mostly accounting and thanked the orgnisers of the colloquium for a job well done.
Earlier, the Head of Department, (HOD) Department of Management, Dr Isaac Zeb-Obipi in his proloque said the colloquium was an academic exercise involving experts to widen their scope of knowledge as it was aimed at bridging the gap between the students and the industry.
Dr Zeb-Obipi said it would further enable the students to interface with professionals in management outside their school environment and have a practical knowledge of the sector, rather than theory and expressed optimism that the students would be better acquainted with the practicals at the end of the day.
He thanked all for making the occasion a huge success and recalled a similar occasion that was held in 2010 by the Chartered Institute of Management.
lectures presented at the occsasion include, “Employers Expectations of potentials graduates; imperatives for young graduates,” “Developing a successful career, starting point is now,” and overview of Nigerian Labour Laws; important knowledge for potential employers and employees,” with chief Chris Biriowu as Guest Speaker.
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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