Business
‘Wike’s Anti-Cult War’ll Attract Investments’
A Non Governmental
Organisation, South South Youth Consultative, En;ightenment and Mobilisation Council (SSYCEMOC) says the current war against cultism and kidnapping in Rivers State would rekindle investors’ confidence and boost both foreign and local investments in the state.
The SSYCEMOC’s, Director of Publicity, Comrade Chris Nnodim stated this in an interview yesterday with The Tide in Port Harcourt.
He commended the Rivers State Governor, Chief Nyesom Wike, for summoning the will to confront the cultists and kidnappers.
Nnodim urged the governor to sustain the fight in Port Harcourt and Obio/Akpor and also extend it to other local government areas of the state to drastically root out those involved.
The group’s Publicity Director solicited for the support of the people and residents of the state towards the governor’s initiative against kidnappers and cultists by exposing them wherever they are found.
He said the support should be in form of volunteering information to the security agencies and other relevant partners with a view of bringing peace to the state.
According to him, Ahoada, Etche, Ogoni, Ikwerre and some others areas where cult activities have impacted negatively on peace and economic development of the area, should be the focused point of the war against cultists.
He regretted that cultists and kidnappers have scared away farmers and fishermen from the rural areas and that the emphasis by the present administration on agriculture was being hampered by insecurity.
The SSYCEMO image maker also urged the security agencies to partner with the community leaders in a bid to get rid of the cultists and kidnappers from the state.
Chris Oluoh
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.
Business
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