Business
RSG Presents Starter Packs To Trainees
The Rivers State Gov
ernment through the Ministry of Youth Development has presented starter packs and certificates to 75 graduands of its skills acquisition programme.
A breakdown of the figures shows that 35 youths graduated in traditional fashion design, 20 in GSM repairs and 20 in Batik (Tie and Dye). Similarly, the lovers of Christ Ministry International in collaboration with the ministry has also trained another set of 82 youths, 50 are Rivers indigenes.
They were trained in Business Entrepreneurship, Cinematography, E. Commerce, 3d Animation, fish farming cake baking/confectionary, interior decoration and soap izal and air freshener production.
The State Commissioner for Youth Development, Sir Owene Wonodi who performed the ceremony in Port Harcourt said that the government is economically empowering the youths with a view to keeping them away from the streets.
Sir Wonodi said that the programme will make the beneficiaries to become socially responsible citizens of the state and nation builders of our time.
“As we know, youth unemployment is a major challenge to socio-economic development of the state and Nigeria at large and it is through skills acquisition programme/entrepreneurship and capacity building that the problem can be ameliorated to a noticeable standard “, he said.
He advised the beneficiaries to make proper use of the opportunity to improve themselves, stressing that the ministry was putting in place an evaluation team to visit their locations for proper appraisal of their commitment over the business enterprise.
Wonodi further charged them to eschew acts capable of destroying their future.
The Director, Youth Education and Counselling Chief Dick-Isotu also cautioned the beneficiaries against selling the materials presented to them.
Some of the beneficiaries thanked the government for the gesture and promised to put the items into maximum use.
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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