Business
New CTC Boss Warns Against Laxity
Workers in Ahoada-
West Local Government Area, have been charged to ensure that they justify their pay by regular attendance to their duties.
The new Caretaker Committee Chairman of the Council, Mr. Victor Abaje, gave the charge last Thursday while swearing –in the caretaker members at Akinima, the council’s headquarters.
He said that the only way to justify their monthly pay and other allowances was to show dedication to duty .
Abaje, who also sought for cooperation among the wives in the council, called for a new approach towards work in a bid to achieve high production.
According to him, there would be stringent measures as to prove the seriousness of his statement, adding that things must be done orderly in the council.
Another issue that would not be tolerated, according to him, was lateness to work and slow approach to issues bordering on work improvement.
“If you are a cleaner, you must come to work, if you are a labourer, you must come to work, no matter your position you must come to work, if not I will not be happy with you”, he said.
In his response, the Head of Local Government Administration in the area, Mr. Friday Nkoue, pointed that the former CTC, saved upto N12.5 million in the treasury.
Part of the cash, he explained, came from the SURE-P funds and Agrip as part of their efforts towards attaining debt free council.
Other committees were also sworn-in in order to achieve a better result in the council.
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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