Business
RSSDA Formally Joins PHCCIMA
The Rivers State Sustainable
Development Agency, (RSSDA) has formally joined the membership of Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture, (PHCCIMA).
This was made known when a certificate of membership was presented to the Executive Director of the agency, Mr. Noble Pepple during the monthly council meeting of PHCCIMA held at the council hall in Port Harcourt..
Making the presentation, former PHCCIMA President, Prince Billy Gillis Harry said RSSDA’s position in the state makes it cardinal for them to join the chamber, adding that it will further facilitate the achievement of her statutory objectives.
The former PHCCIMA helmsman who is now President of the Coalition of South South Chamber of Commerce, FOSSCCIMA said Port Harcourt Chamber of Commerce has been extraordinary in adding value to its vast membership even as RSSDA stands to benefit immensely from her mentorship and other areas..
President of PHCCIMA, Engr. Emeka Unachukwu commended the Executive Director and his team for joining the chamber. He said irrespective of the fact that the agency were yet to join the chamber; RSSDA has been a reliable ally, working closely with PHCCIMA in various fronts to accomplish set goals. “PHCCIMA and RSSDA have been working together; however, joining PHCCIMA today will further add momentum and increase our thrust to help the agency, and further existing relationship. He said it would open vistas of opportunities that will enable the agency to leverage on PHCCIMA member services to achieve its purpose.
“Let me on behalf of the exco and council of the Port Harcourt Chamber of Commerce, heartily welcome the Rivers State Sustainable Development Agency as member of PHCCIMA”, he was quoted as saying.
The executive director of RSSDA, Noble Pepple in his remark said he was excited with the glut of prospects at their disposal in PHCCIMA. He expressed confidence that the Port Harcourt chamber of commerce will bring her experience to bear in furthering the effort of RSSDA in the state so far. Mr. Pepple thanked PHCCIMA for accepting the agency as one of its members saying he is hopeful the relationship will blossom beyond belief.
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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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