Business
Perm Sec Urges Govt To Deploy ICT Nationwide
Permanent Secretary, Fed
eral Ministry of Communications Technology, Dr Tunji Olaopa says it is imperative for government to ensure that all Nigerians, especially those living in rural areas, have access to global standards of living.
Olopa said government could achieve this through the deployment of Information and Communication Technology (ICT) throughout the country.
The scribe, who made the call during interview with newsmen in Abuja on Tuesday, added that ICT could be exploited to create more job opportunities and boost development of the country.
He said ICT was setting the pace for development and expansion of economies globally.
“Certainly, we are in the ICT age and the federal government has, in its involvement through the ministry, taken the front-line to ensure that Nigeria keys into the global development.
“As we continually evolve, we shall work persistently to set the pace for communications technology solutions.
“We have already embarked on future-oriented cutting-edge programmes and products that are market driven to meet global best standards.
“We have also invigorated all the Agencies and Departments in the Ministry to accelerate efforts to meet this goal.
“Our National Broadband Plan and Strategy aims to increase broadband penetration and accessibility across the country’’, he said.
Dr Turner Isoun, Chairman, Board of Directors, Nigerian Communications Satellite Ltd. (NigComSat), said ICT experts in Nigeria were working assiduously to create more job avenues for youths. “Government investment in ICT infrastructure such as communication satellites will not be in vain.
“Lately, there have been more Nigerian ICT experts that are contributing to the development of different nations globally; here in Nigerian, we are also keying in’’, Isoun said.
Mr Chibeze Andrew, an ICT expert, called on government and other sectors to involve youths in harnessing the global ICT development opportunity.
“More youths can be trained to become experts in the ICT sector; this will enable them to be self employed.
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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