Business
PHCCIMA Plans New Database For Members
The Port Harcourt Cham
ber of Commerce, Industries, Mines and Agriculture (PHCCIMA) has developed a database for all its members.
The publicity secretary of the chamber , Chief Nabil Saleh who disclosed this during an induction ceremony in Port Harcourt said that the chamber is out to ensure up to date information on all its members.
He said that the planned database would link the new PHCCIMA prepaid visa card as well as all members identification number.
The President of the chamber, Engr. Emeka Unachukwu said that membership of PHCCIMA is voluntary as there is no law that compels individuals and organisations to join.
He however, said that the chamber had sets of conduct and rules which members are bound to obey and enjoined the new industries to seize the opportunity to improve their professional competence in their various endeavours.
Also speaking, the First Deputy President of PHCCIMA, Dr. Renny Cookey said that the database being proposed by the organisation would go along way in ensuring effective business networking among members.
Dr. Cookey whose speech was entitles. “Leveraging Chamber Membership for Business Networking and success” said that the chamber was working hard to create enabling environment for members as well as other business enterprises.
According to him, the various programmes being put in place by PHCCIMA will help in the growth of its members from local level to international level and urged members to key into the networking programme.
Harry Ikuroa
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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