Business
Chamber To Sensitise Bakers On Firewood Effects
The Jigawa State
Chamber of Commerce, Industry, Mines and Agriculture (JICCIMA), says it is planning to sensitise bread bakers to stop using firewood for baking.
The Director-General of JICCIMA Alhaji Abdullahi Sulaiman, told newsmen in Abuja that cutting of trees for baking was causing environmental degradation.
“The chamber is making efforts to collaborate and sensitise bakers who contribute not only in employment generation but in providing essential food requirements to be dissuaded from using firewood.
“We are empowering them to upgrade their production inputs from firewood and manual making of dough and red brick oven to modern equipment.
“This can then help concretise government’s fight against tree cutting or environmental degradation,’’ Sulaiman said.
He said that hides and skins merchants were already sensitised by the chamber to register as cooperative societies.Sulaiman said that the merchants were given soft loans to improve their businesses under the Directorate of Economic Empowerment and Monitoring of the State Coordinating Committee on Microfinance and Economic Empowerment Activities.
He said that the chamber’s search report on the plight of stone crushers had also resulted to a grant of 10 million dollars from the World Bank to the state government.
“Now the crushers are being mobilised and assisted with high success prospects under the Jigawa State Ministry of Commerce.
“The issue of sesame farmers was also bought to government’s attention through a proposal to empower the local farmers and merchants through the chamber to checkmate the nefarious activities of multinationals,’’ he said.
Suleiman said that the chamber’s focus was to promote and protect the interests of the business community.
He said that the chamber encouraged Public-Private-Partnership (PPP) as a popular global development model to provide mutual sharing of risks, opportunities and responsibilities between the public and private sectors.
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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