Business
MTN Boss Explains One Card, SPAR Partnership
The senior manager, Business Development, MTN Nigeria, Mr Usman Idris, says the partnership with onecard and SPAR was a product of the company’s commitment to explore different ways of taking service closer to its customers.
He gave the explanation while launching the product recently in Lagos.
Idris said the MTN-SPAR partnership was built around providing its customers with a good shopping experience.
He explained that the platform would enable customers to parchase at SPAR stories MTN airtime as low as N10 and above.
According to him, the importance of providing easy solutions to Nigerians in this technological era was the partnership with SPAR and the availability of airtime denominations in all park shop stories nation wide.
The Tide gathered that this move was in continuation of its drive to enhance service delivery to its customers in the country.
In his own account, the General Manager, one card Nigeria, Mr Femi Muka, said that one card was desirous to raise the bar in the provision of simple and top up methods to Nigerians.
He noted that the onecard service system has provided a wonderful experience for its customers in the country.
Some costumers who spoke with Tide Tide in Port Harcourt, Wednesday, said they are yet to experience the system and details of its operation.
They lamented that the partnership would have been with other network providers rather than MTN, saying that the network provider was not customers friendly.
Business
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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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