Business
Experts Canvass Sustainable Infrastructure
Sustainable infrastructure has been described as the catalyst for rapid development in any society.
This was the assertion of a guest, Mr Patrick Edeme last Wednesday on a radio programme in Port Harcourt.
Edeme maintained that no society could develop without the needed infrastructure.
According to him, construction work of any structure should be of high quality to meet desired specification to enable such structures stand the test of time.
“Construction must be such that will come out with quality that the end product is such that it will serve the people.
“The moment you keep such structures going, you save money from other things and better opportunity for rapid development in other areas”, he said.
Edeme pointed out that sustainable construction would also boost the economic activities of such areas.
Another guest, Engr. Vessi Ugu listed some basic infrastructures that are needed for uplifting the living standard of the people to include, shelter and roads that should meet the standards of modern times.
“People need shelter that can meet the standard of modern times.
“Roads to reach out to our different offices, business places, farms and quality water for sound health” he said.
He explained that there was need for proper disposal of waste water adding that part of the problem facing the nation is flooding.
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.
