Business
C’River, Dev Agency Partner To Boost Industries
The Department of Labour and Productivity, has solicited for partnership with the Department of International Development Cooperation (DIDC), to boost industrial activities and ensure effective service delivery in Cross River State.
The Permanent Secretary, Department of Labour and Productivity, Pastor (Mrs.) Elizabeth U. Etu, disclosed this when she led an advocacy visit to DIDC recently in Calabar.
Etu, who applauded the efforts of DIDC in their intervention programmes in the State, pointed out that, the visit was to discuss possible areas of collaboration in line with the Department of Labour and Productivity’s mandate to ensuring a peaceful industrial climate and promotion of productivity through efficient service delivery.
The Permanent Secretary stated that, a peaceful industrial climate will boost and enhance efficient service delivery, called on the DIDC to consider possible areas of assistance to the Department.
In his response, the Director, Donor Coordination, DIDC, Mr. Michael Mgbekem, assured that, DIDC will partner with the Department of Labour and Productivity to ensure effective and efficient service delivery in the civil and public service.
Mgbekem who gave a brief history of DIDC, said the Department was established in 2009 to coordinate, manage and maintain international partnership and developments in the State, adding that, the main function of the DIDC is to source for international partners to collaborate with MDAs to enhance the developmental aspirations of the State.
He explained that, the Department has achieved a lot in terms of Donor Coordination and international partnership and initiated the idea of close monitoring of all international partnership in the State.
The director reiterated DIDC’s resolve to partner effectively with the Department when the new administration kicks off fully, hinting that, international agencies expected to work closely with the Department of Labour and Productivity were yet to fully commence operations in the State.
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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