Business
Jonathan Nominates C’River, A’Ibom For NDDC Top Posts …Rivers Gets Fin/Admin Slot
President Goodluck Jonathan has nominated Senator Bassey Ewa-Henshaw and Barrister Bassey Dan-Abia as Chairman and Managing Director of the Niger Delta Development Commission (NDDC), respectively.
The names of the nominees were contained in a letter Jonathan sent to the Senate for consideration and confirmation. The President also forwarded the name of former Governor of Edo State, Prof. Osarhiemen Osunbor to the Senate as Chairman, Nigerian Law Reform Commission.
While Ewa-Henshaw was nominated to represent Cross River State in the NDDC, Dan-Abia was named to represent Akwa Ibom State. Others whose names were forwarded to the Senate for confirmation were- Itotenaan Henry Ogiri (ED, Finance and Admin), Rivers, Engr. Tuoyo Omatsulu (ED Projects), Delta, Ball Turofade Oyarede (Bayelsa), Chief Ephraim Sobere Etete (Rivers), Etim Inyang Jnr (Akwa Ibom), Adah Paul Andeshi (Cross River) and Sir Tom Amioku (Delta).
Also nominated as representatives in the commission were Samuel Okezie Nwogu (Abia), Uchegbu Chidiebere Kyrian (Imo), Maj. Gen. Suleiman B. Said (North Central), Alh. Abdulmaik Mahmud (North East), Enikuomehin B.G. Olorungbonju (Ondo) and Mark Ward.
Jonathan noted that subsequent to the dissolution of the Governing Board of the Commission on September 13, 2011, nomination for its reconstitution had been compiled in accordance with Section 2(1) of the NDDC Act.
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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