Business
Street Lights Excite PH Residents
Following the recent
restoration of street lights in some major streets of Port Harcourt, a cross section of residents in the city have lauded the Rivers State government in that direction.
Some of the residents who spoke to The Tide on Wednesday, in Port Harcourt, described the development as a welcome development.
A bus driver who plys Mile Three to Lagos bus stop while expressing his delight said for some years the street lights were gone.
He said many drivers can now see clearly even with faulty headlights since the streetlights were restored.
Another resident of Ikwerre road, Mr. Magnus Eleanya while speaking to our correspondent said the development has reduced the incidence of the prevalence of the activities of pick pockets that parade mostly in the evenings around some streets in Port Harcourt.
“Now snatching of phones and ladies hand bags in the nights have reduced due to the presence of street lights along Ikwerre road,” he said.
“It is gratifying to see clearly from education bus stop up to Rumuokoro round about”, this was how Mr Linus Ibe, a Port Harcourt based businessman described the development. “Before now, everywhere used to be dark, but now we can see clearly”, he said.
Our correspondent who went round reports that work was still ongoing around Rumuokuta, Wimpey and other areas of Port Harcourt and its environs.
In addition, The Tide gathered that the state Governor , Barr. Nyesom Wike has directed that all newly reconstructed and existing roads in Port Harcourt be properly lighted always in the night.
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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.
