Business
Innovative Public Service Drives Dev
Governor of Lagos State, Akinwunmi Ambode, yesterday urged public servants to imbibe hard work and diligence, to build an innovative, creative and globally competitive public service.
Ambode made the call at an Exhibition by Ministries, Departments and Agencies in the State’s Public Service as part of activities to celebrate Lagos at 50.
The governor, who was represented by his deputy, Dr Idiat Adebule, said the role of the public service in the development and achievements of the state in the last 50 years need to be celebrated.
“As we savour the joy of this occasion, we must not lose sight of the whole essence of this celebration, which is to acknowledge our past achievements and chart a new course for a greater and more prosperous state for the next 50 years.
“As the engine room of this administration, the state public service has a critical role to play in achieving the future that we all desire.
“I urge you to demonstrate great sense of commitment by keying into the vision of this administration to make Lagos State work for all,’’ Ambode said.
In her remarks, Mrs Olabowale Ademola, the Head of Service, said the public service was the instrument through which government implemented its socioeconomic and developmental policies in the last 50 years.
Ademola said the commitment and dedication of public servants contributed to the state’s economic development, wellbeing of citizens and many celebrated achievements of the state.
She said that the celebration of Lagos at 50 served as motivation to higher productivity in all the ministries, departments and agencies.
“Gov. Ambode recognised the fact that a state is as good as its public service, which was why today was set aside to celebrate the workforce.
“As we celebrate Lagos at 50, we pledge our dedication to our duties, such that in another 50 years, the next generation of public servants will have cause to celebrate 100 years anniversary of advancement and rapid development in the state,’’ she said.
Business
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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.
