Business
Group Tasks Youth On Skills Acquisition
Following the rate of
unemployment in the country, young people have been tasked to pay more attention to skill acquisition as to make themselves relevant in the labour market.
The chairman, Elekahia, Human Resources Development Youth Association, (EHRDYA), Dr Lawrence A. Boms, said this last weekend, during the graduation ceremony of the 129 youths on various skills in Port Harcourt.
He said skill acquisition programmes would enable them to be self reliant and as well generate employment opportunities.
Boms, who spoke through Sir Edmond Minini, charged the trainees to utilize the opportunity and forge ahead as future employers of labour.
The EHRDYA boss, noted that if they did not play down on the training received so far, that both the country and their immediate family would benefit from the system.
In his remarks, the Rivers State Commissioner for Youths Development, Sir Owene Wonodi, challenged other Nigerians to copy from the group and act in like manner.
The commissioner explained that the association and its leadership have done credibly, adding that such tempo ought to be sustained.
He maintained that the gesture has placed the youths on the right footing, saying that it has provided them with a platform that would enable them tackle future challenges.
The Tide gathered that some of the skills acquired included, bread making, paint production, computer training, Ankara craft, among others.
One of the beneficiaries, Gift Dike, lauded the organisers for their kind gesture and promised to utilize all the knowledge he has acquired in the programme.
He however, stressed the need for personal skill acquisition, saying that it was the best form of empowerment.
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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