Business
Etche Farmers Solicit RSG’s Assistance
Farmers in Etche have called on the Rivers State Government to assist farmers in the rural areas with funds to enable them maximize their produce and check food scarcity in the country.
A plantain farmer in the area, Mr Frank Wodo, while speaking to newsmen recently said the scarcity of funds has been a challenge in driving their farm to greater heights.
Removing suckers to check congestion has been a major challenge, that is why we need government support in the direction of providing us with soft loans.
“Let it be in a manner that we can repay between six months and one year as that will go a long way in helping us to manage the farm effectively and also translate to job creation”, he said.
Also, a fish farmer, Chief Ogbonna Erobikachi, said government should draw up modalities to finance rural farmers as only those acclaimed farmers that are related to top officers have access to funds.
“This nation has outgrown manual agriculture method and we are looking at mechanized farming system.
“The system has to do with a lot of money, and accessibility to fund is another thing that can enhance the development agriculture in the country”, he said.
He further urged the government to fund the rural farmers through the leaders of the communities.
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.
