Business
Agriculturist Advises Farmers On NIMET’s Forecast
An agriculturist, Mr Richard Adewoye, has advised farmers to adopt the right agricultural methods to contend with the nation’s unpredictable weather challenges so as to ensure maximum harvest.
Adewoye told newsmen in Omu-Aran, Kwara, yesterday of the need to reduce natural disaster-induced losses recently being experienced by farmers.
The Nigerian Metrological Agency (NIMET) had predicted inadequate rainfall to be experienced in some parts of the country in its 2014 rain pattern.
Adewoye, who is also the Farm Manager, Landmark University, Omu-Aran, said farmers needed to adopt the less rain dependent crops and right planting method to have maximum profit.
“Such measures remained the only solution for farmers in Nigeria against the warning by NIMET that there will be less rainfall in 2014.
“In order to reduce the effect of natural disaster-induced losses on crops, farmers should adopt appropriate farm practices suitable for a specific region in conformity with 2014 NIMET prediction.
“There is need for farmers to deploy crop varieties that are appropriate to every ecological system in the country to have the desired bumper harvest,” he said.
Adewoye suggested that farmers should update their knowledge and take advantage of recent scientific breakthroughs as regard the development of crops suitable for diverse rainfall regional patterns.
“For instance, scientists have recently developed drought tolerant, early maturing, inter-mediate and late-maturing group of crops in maize and other cereal crops,” he said.
Adewoye said two varieties of cowpea that could withstand short rainfall had been developed by the Institute for Agriculture Research (IAR), Ahmadu Bello University, Zaria.
“If farmers plant Sampea 10 and 8 cowpea varieties that have been developed by IAR to mature earlier, the warning by NIMET, especially as it affects cowpea production, could be averted,” he said. Adewoye said Sampea 10 matured in between 60 and 65 days and Sampea 8 matured in 55 days.
“These varieties are resistant to heat and lack of or minimal rainfall. Sampea 10 is also resistant to striga disease,” he said.
Business
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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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