Business
Maiduguri Residents Celebrate Return Of GSM Services
A cross section of residents of Maiduguri, capital of Borno State, has expressed happiness over the restoration of GSM services in the state, The Tide source reports.
Service to Borno State was cut off following the declaration of state of emergency in Borno, Yobe and Adamawa states in May this year by President Goodluck Jonathan when the states came under intense attacks by Boko Haram insurgents.
Though service had been restored to Yobe and Adamawa, Borno had remained shut in the past seven months until Tuesday this week.
Malam Muhammad Wawu, a resident of New GRA, Maiduguri, said the restoration of GSM service by the Federal Government was commendable.
He said the development would help in curtailing the security challenges in the state through proper communication between the people and relevant security agencies.
Wawu said that lack of GSM service aggravated some of the attacks carried out by the insurgents.
Malam Amack Usman, a resident of Gwange area in Maiduguri metropolis, said the gesture would boost socio-economic activities and help in the peace-building process in the state.
Usman said, “With or without GSM service, the Boko Haram insurgents have continued to attack people. This is because I think they have their own Internet and wireless services, the Turaya mobile phones and other communicable facilities.
“I believe if there is GSM network in the state, people will communicate with relevant authorities to inform them of any perceived case of attack.”
A recharge card vendor, who gave his name as Malam Bala Babagana, however, said “only MTN lines are functioning.”
He appealed to the government to restore the other networks to stimulate socio-economic activities in the state.
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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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