Business
Govt To Create More Employment Opportunities
Imo State Governor,
Rochas Okorocha has reiterated his administration’s determination to create employment opportunities and complete all ongoing projects in the second half of his tenure.
Okorocha who said this while addressing newsmen at Government House, Owerri, yesterday, said this would be done by revamping the state’s economy through the establishment of industries while ensuring the security to lives and property.
He said his administration had embarked on the provision of motorable roads, standard hospitals in all the local government areas, and qualitative free and compulsory education, to ensure improved standard of living for all citizens of the state.
The governor also gave an assurance that his administration would continue to anchor its policies and programmes on the need, interest and aspiration of the people, for effective development.
“It is the determination of this administration that would take the state to the peak of infrastructural development, to improve the standard of living of the people.
“We have embarked on the construction of several roads, building of standard hospitals, to enable our people to have the best in terms of good roads and healthcare.
“The essence of the free education for all is to enable our children to be good citizens by not roaming the streets and getting involved in other vices like kidnapping and armed robbery.”
Okorocha urged the people to continue to support his administration to enable it to take the state to the peak of infrastructure development.
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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