Business
Brewing Firm Spends N100m On Education
The Nigerian Breweries
said yesterday in Kaduna that it has spent over N100 million on education in the northern region within the last five years.
The company, maker of Maltina and other assorted drinks, said the gesture was part of its Corporate Social Responsibilities (CSR) to the host communities.
The Brewery Manger in Kaduna, Mr Adebolu Obawole stated this while donating books and other instructional materials to Government Secondary School Makera in Kaduna South Local Government area.
Obawole explained that the amount was spent on various interventions including construction of class rooms, supply of library materials, upgrade of laboratories and provision of education materials among others.
He said that the intervention was in line with the company’s programme, tagged “Brewing a Better World“, an initiative of Heineken worldwide.
“Nigerian breweries over the years have been supporting the education sector through various interventions as part of our corporate social responsibility.
“The programme was designed to specifically drive environment sustainability for businesses and other developmental activities to thrive through massive awareness campaign.
“Our CSR in the area of education is based on the fact that education remains the main driver of awareness that will ensure sustainability of our environment, “he said.
Receiving the items on behalf of the school management, its Vice Principal, Academic, Mrs Esther Andrew thanked the company for the gesture.
Andew commended the company for its various interventions in the school, and pledged that the items would be properly utilised to promote quality education.
The News Agency of Nigeria (NAN) reports that the management of the company carried out a three-kilometer-walk to promote school enrollment in Makera and Kakuri communities.
According to Obawole, the campaign is to encourage parents to enroll their children in school for a better future.
“We promote children enrollment in schools so as to keep the chain from being broken and we will keep contributing our quota in this regard until all out of school children are enrolled.
“Because education opens up the world, the children will be able to contribute meaningfully in making life worthwhile through sustaining the environment for future generation“.
Reports say that staff of the company also cleaned the school environment, repainted a block of three class rooms earlier donated to the school and counseled students on career choices.
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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