Business
Electricity: We No Longer Watch TV -FCT Residents
Many residents of the
Federal Capital Territory (FCT) have expressed concern over their inability to watch television in their homes due to the poor power supply situation in the country.
The respondents, who spoke in separate interviews with newsmen a, said that the development had made it difficult for them to keep abreast with developments within and outside the country
A civil servant Mr Joshua Olubodun, who resides in Nyanya, said that he had not turned his television set for close to two months due to the lack of electricity.
According to Olubodun, he now depends on his phone for news and entertainment, adding that he charges the phone and power bank in the office.
“With this unsteady light and the present economic situation, I don’t even watch television in my house or go to subscribe for DSTV anymore.
“I use my phone to check and read news these days. Because of that, I am always moving about with my charger.
“When I get to the office and they put on the generator, I use that opportunity to charge my phone and power bank,’’ Olubodun said.
Similarly, Mr Emmanuel Ella, a student on holiday, said he was not enjoying his holiday because of the light situation.
“Since I came back for holidays three weeks ago, I have seen light in my house just three times; I am dying of boredom because I cannot watch television.
“When in school, I was always in the library. Now that I am home, I need to relax but the light situation is not helping matters.
“I cannot remember when last we turned on the television in my house.
“It’s just my phone that is keeping me busy, and I charge it when we put on our small generator at night; the generator cannot power the television,’’ Ella said.
According to Mrs Stella Ehis, a fashion designer in Karu, said i watch television only at night when the generator is on, adding that the DSTV subscription is just wasting.
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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.
