Business
Newspaper Distributors Boss Tasks Members On Standards
The president of the
Newspapers Distribution Association of Nigeria (NDAN), Rivers State chapter, Chief Titus Eze has called on members of the association in the state to direct their efforts at raising the standard of the body in the state in 2017.
Eze who was represented by his vice, Mr John Nwizubee, stated this during the association’s get together party/annual lecture held in Port Harcourt last Tuesday.
The president who hailed the efforts and support given to the association in 2016, however, called on members to remain as one in order to move the association forward.
In his lecture, the representative of the Nation Newspapers, Mr Precious Dike, who explained the modus operandi of newspaper distributors urge them not to relent inspite of the challenges they face in the field.
Also, the Bureau Chief of the Punch Newspaper in his presentation described distributors as indispensable in the newspaper chain production.
The immediate past President Prince Sinclair called on the various media organs in the state to consider distributors for employment as the need arises.
Others who spoke include the representative of the Daily Independent Newspaper, David Abia, and the circulation officer of The Tide Newspaper, Mr Tubotamuno Douglas.
Douglas called on distributors to improve on their payment to The Tide in the coming year in order to cement the already existing working relationship with both organisations.
In his address, the secretary of NDAN Mr Imoh Micah decried the practice whereby media houses in the state fail to give official complementary copies to the body.
According to him, the major setback to the progress of NDAN remains poor attitude of members in the payment of levies and dues amongst other responsibilities.
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.
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