Business
NGO Holds Agri-Business Seminar To Empower Youths
The Youth in Agri-Busi
ness Development and Innovation (YARBI) on Monday said its upcoming one-day seminar in Abeokuta on January 31 was basically to train youths in agricultural business.
National Coordinator, YARBI, a Non-Governmental Organisation, Mr Sola Adeniyi, told the reporters in Lagos that intending participants could register on-line or at the venue of the seminar.
The coordinator said that the main focus of YARBI, an agri-business initiative, was to reduce unemployment through encouraging youths to embrace agriculture.
He said that the seminar was to empower young entrepreneurs with interest in the agriculture sector of the economy.
According to him, the one-day exercise will focus on fast growing crops and modern agricultural techniques.
“What we are trying to do is to empower youths because of the present economic challenges. We believe that agriculture is the solution.
“We also want to use this exercise to support government’s ongoing efforts at reviving the agricultural sub-sector and boosting food production.
“So, our approach is to impart at least 100 youths with these skills,’’ Adeniyi said.
The coordinator said participants would be taught how to grow and maintain crops like watermelon, cucumber, plantain and tomatoes.
“Most people don’t know that most of the agricultural produce we bring from the north can actually grow exceedingly well in the south.
“For instance, in the modern technology we had adopted, it takes one month to harvest cucumber; tomatoes and watermelon less than three months while plantain takes up to nine months.
“We Thank God for taking us this far, and I am happy that they have proven that I did not misplace the confidence I have in them, that they are unstoppable to clinch the top prize,” Ubale said.
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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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