Business
DG Urges Service Providers To Improve Citizens’ Life
The National Office for
Technology Acquisition and Promotion (NOTAP) has urged service providers to imbibe trademarks in their technology agreement that would improve the citizens’ quality of lives.
The Director-General of NOTAP, Mr Umar Bindir, said this at a stakeholders’ forum on Technology Transfer in the Nigerian Telecommunications Industry.
Binder presented a paper titled,” Foreign Technology Transfer: Domestication, Diffusion and Local Content Development’’.
He said that “some of the trademark licences being displayed by some service providers do not meet the requirements for approval of trademark agreement.
“The trademarks used by the service providers do not have any value addition,’’ he said.
The DG said that it was not the duty of NOTAP to over-police the industry but to ensure that service providers come up with products that were of high standard and of international acceptability.
He said that part of the challenges NOTAP was having with the telecommunication industry was that they were not presenting their plant and machinery for inspection.
“All technologies are supposed to be regulated to make sure that they meet the required standards,” he said.
Also, Dr Ephraim Okejiri, NOTAP’s Acting Director , Technology Transfer Agreement, said that agreements presented by service providers were not self explicit.
“You need to state exactly where the technology is coming from, the type of technology and the fees for it,” he said.
The forum was to create awareness on the potential available in the telecommunication sector for skills acquisition, technology development and job creation in Nigeria.
The forum was organised by NOTAP, in collaboration with Airtel, MTN and Etisalat.
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.
