Business
SIAT: BOT Boss Charges Members On City
The Landlords of SIAT
(former Risonpalm) Elele Estate have been charged to unite in order to address some of the issues facing them as a group.
The Chairman, Board of Trustees, SIAT Elele Landlords Association, Chief Aaron Chukwu, gave the charge in a meeting with the landlords Saturday in Elele.
He noted that time has come for the landlords to speak in one voice in order to enable them achieve their goals.
Chukwu, recalled that through regular meeting, the association recorded high benefits and emphasised on the need to renew the system.
The SIAT BOT boss, also called on the new caretaker chairman of the group, Mr Hycenth Amadi, to ensure that he introduced a radical policy that will transform the group.
The former chairman of the association, Mr Sam Eke, who regretted leading his people when the then Risonpalm was in deep crisis, said he moved against all odds and provided a safe landing ground for all concerned communities.
He stressed that the standard of the group ought to be maintained, as he advised against the spirit of divide and rule.
Also speaking, the new Caretaker Committee Chairman, Mr Hycent Amadi, called on the members to arise and fight for that which rightfully belongs to them.
He specifically, appealed to the youths of the communities to give him their unalloyed support, as to enable him get the best for them.
The Tide learnt that the association appointed a 10-man committee to manage its affairs until elections are conducted.
The members are, Mr Tony Wonah, vice chairman, Godpower Nlerum secretary, Nathan Abraham treasurer, Godday Wosanma organising secretary while Harrison Lekwuwa would serve as public Relations Officer.
Others include Chidi Omere; financial secretary, while Elders Princewill Chioma, Saida Okedi and Joseph Ikuku are to serve as special members /advisers
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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