Business
Old Boys To Partner Association On Dev
The Co-ordinator, County Grammar School, Ikwerre /Etche old boys Class, 1976, Hon Vincent Erinwo, has pledged the support of the set to the national body for national development.
The co-ordinator, who was speaking during the re-union assembly last quarter/end-of-year event at Elele said the national body was aware of activities of the ’76 class and has always hoped that such activities were replicated in the national.
He said the ’76 class has assured in several fora to the national president that all that was done by the ’76 class would be channelled to the national.
He said this was intended to inject fresh blood into the national body even as he said within the last 12 months, the 76 class had been active in activities concerning its members.
Hon. Erinwo further said the year has been remarkable as a number of old boys has come to identity with the re-union assembly.
“The response from members has been encouraging and over whelming, even those who cannot find time to attend the quarterly meetings maintain contact with the Exco” he said.
He called on members of the ’76 class to be the pivot on which the national activities revolves.
Responding, Hon, Justice Godpower Agunma of the Rivers State Judiciary who hosted the event expressed happiness for members.
“I want to say that I am very happy to see you all today. “We should continue in that spirit to enable us increase to enable our set grow from strength to strength” he said.
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.
