Business
FG Assures Fish Consumers Of Quality Products
The Federal Government
has assured fish consumers of quality supply to markets across the country.
The Director, Federal Department of Fisheries, Mr Aderemi Abioye, told the newsmen on Friday in Lagos that the department in collaboration with the Federal Ministry of Agriculture and Rural Development was passionate about sale of quality fishes.
According to him, the sale of rotten fishes is now a thing of the past in Nigeria.
Abioye said the department’s Fish Quality Assurance Division had started monitoring ports, cold stores and markets to ensure that fishes in the markets met required quality standards.
“There are lots of awareness programmes being organised by the department. Also we are monitoring cold stores and sea food facilities all over the country.
“In the last seven months, we have not had a case of spoilt or rotten fishes from the cold stores and the markets.
“ The Minister of Agriculture and Natural Resource, Dr Akinwumi Adesina, is passionate about this.
“We must ensure that the fish being sold are of good quality and that is the essence of the department,’’ Abioye said.
The director said that necessary legal framework had been put in place to punish erring traders who sell rotten fish.
“We have put in place necessary infrastructure and regulations to punish any offender who sells or trades in unwholesome fishes to Nigerians,’’ he said.
It would be recalled that in March 2014, the department inspected some cold stores and facilities believed to be selling unwholesome fishes in Lagos.
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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