Business
NISPRI Prioritises Food Preservation
The Head of Department,
(HOD), Nigerian Stored Products Research (NSPRI) Institute, Port Harcourt, Mr. Duru Samuel, has said the NSPRI has fabricated a number of structures to enable those in the agribusiness sector preserve their produce.
Samuel, who stated this while speaking to our correspondent at the recent World Food Day celebration event in Port Harcourt, said the last two quarters of 2014 witnessed a leap in the production of various appliances and structures meant for food and agricultural preservation purposes.
“In the last two quarters, agricbusiness has been boosted with the construction of appliances for the preservation of various crops and agriculture produce”, he said.
Some of such products, according to him, include vegetables preserver, periwinkle preservers, fruits and other perishables amongst others.
On the process of preserving fish, he said wastages have been drastically reduced through the use of a fabricated fish drier that uses charcoal as its main source of energy.
According to him, NISPRI has used public campaigns effectively to enlighten the public on the uses of its products.
He said even though some of the business farmers complain of lack of funds, they still avail themselves of the services of NISPRI.
On challenges facing the organisation Samuel called on the federal government to increase its funding to enable the organisation meet set goals.
According to him, such challenges could be surmounted if public-spirited individuals and corporate organisation put in their quota.
He said since the work of the organisation centred on the need to checking wastage of food and all agricultural produce in the country, a collective effort was needed in the realisation of such goals.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports4 days agoTinubu Lauds Super Eagles’ after AFCON bronze triumph
-
Sports4 days agoFulham Manager Eager To Receive Iwobi, Others
-
Sports4 days agoAFCON: Lookman gives Nigeria third place
-
Sports4 days ago“Mikel’s Influence Prevent Some Players Invitation To S’Eagles Camp”
-
Sports4 days agoMan of The Match award Excites Nwabali
-
Sports4 days agoRemo, Ikorodu set for NPFL hearing, Today
-
Sports4 days agoPolice Games: LOC inspects facilities in Asaba
-
Niger Delta4 days agoINC Polls: Ogoriba Pledges To Continuously Stand For N’Delta Rights … Picks Presidential Form
