Business
SPDC Kick-Starts 2nd LiveWIRE For Ogoni Youth
Youth in Ogoniland have been
offered another chance to start their own businesses as the Shell Petroleum Development Company of Nigeria Ltd (SPDC) Operated Joint Venture, at the weekend, kick-started the second batch of the LiveWIRE programme aimed at empowering the youth to engage in viable businesses and help develop their communities, and Rivers State.
This is coming on the heels of the completion of the training of 105 Ogoni youth in the first tranche in the 2014/2015 programme.
Already, more than 100 youth from the four local government areas in Ogoni — Khana, Gokana, Tai and Eleme — have submitted business ideas for the 2016 edition in response to newspaper advertisements.
A statement, yesterday, signed by the Corporate Media Relations Manager, Shell Nigeria, Precious Okolobo, quoted the General Manager, External Relations, Igo Weli, as saying that, “The LiveWIRE programme for Ogoni youth is a targeted initiative, and is part of efforts to encourage youth in the area to take up viable and legitimate means of livelihood”.
Weli added that, “The 2011 UNEP Report on Ogoniland had recommended programmes aimed at supporting youth for alternative means of livelihood so they can stay away from crude oil theft and illegal oil refining activities. We’re happy that the youth are enthusiastic about the opportunities we’re offering them through LiveWIRE.”
The general manager explained that: “We expect to replicate the same success story in the 2016 LiveWIRE programme, helping youth to create jobs and giving the new employers and employees a new lease of life.”
The Tide reports that the flagship youth enterprise development programme aims to reach young people aged 18-35 to start their own businesses through the provision of training and finance.
The three-month training covers welding and fabrication, electrical installation, food preparation and culinary arts, information technology, fashion and beauty care, carpentry and joinery, and hairdressing and beauty therapy.
The trainees will be provided starter packs at the end of the session to start their own businesses.
Equipped with the skills and packs, The Tide recalls that some 78 graduates of the premier LiveWIRE session have started their own businesses, and also created jobs.
Josephine Atagana
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
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics5 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business5 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports5 days agoJ And T Dynasty Set To Move Players To Europe
-
Politics5 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Business5 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics5 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business5 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment5 days agoAdekunle Gold, Simi Welcome Twin Babies
