Business
NDE Empowers 300 Physically Challenged Persons
The National Directorate of Employment (NDE) in Nasarawa said more than 300 physically challenged persons had benefited from its N3 million Special Micro Empowerment Scheme (SMES2014) this year.
The NDE Coordinator in the state, Mr Monday Dalyop, told newsmen in Keffi Local Government Area of the state that the agency introduced the SMES2014 to reduce poverty among unemployed youths, unskilled, semi-skilled and vulnerable persons.
The coordinator said the beneficiaries of the scheme were expected to use what was given to them to fight poverty and improve their standards of living.
“The physically challenged persons have been equally and fairly selected from the state’s three senatorial districts and each person was given N10,000 cash in order to improve on the standard of their living,” Dalyop said.
Dalyop assured the citizens of the agency’s determination to initiate more positive programmes aimed at fighting poverty, unemployment and youths restiveness.
The coordinator then urged youths to embrace the agency’s skills acquisition programmes for them to become self-reliant.
Through that, he said, youths would be able to contribute their quota to national development for the benefits of all.
He commended President Goodluck Jonathan for his initiative in fighting poverty, unemployment and other negative tendencies in the country and called for its sustenance.
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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