Business
Deputy Gov Lauds Bursar On Commitment, Hard Work
The Cross River State Deputy Governor, Professor Ivara Esu, has described the Bursar of the University of Calabar, Mrs Beatrice Ifeanyi Igwe, as diligent, hardworking and committed to her duties.
Esu stated this at a thanksgiving reception in honour of the bursar, Mrs Igwe, held at the Event Centre, Parliamentary Extension, Calabar.
He explained that the presence of personalities at the occasion attests to the choice of Mrs Igwe as bursar in the University of Calabar as generally acceptable to the university community.
The Deputy Governor advised the bursar to see her elevation as a boost to greater performance in her new office and also asked workers to emulate her exemplary style.
Esu thanked the vice chancellor and the pro-chancellor in their choice of Mrs Beatrice Igwe as bursar and described her as qualified, reliable and trusted.
The Vice Chancellor of the University of Calabar, Professor Zana Akpagu, who described Mrs Igwe as humble, caring and hardworking, maintained that she is the right person for the office of the bursar.
Akpagu explained that, faith and destiny are twin sisters in shaping the life of an individual and therefore called on her to take advantage of her position as bursar to turn around the fortune of the university.
In a citation read by Dr Comfort Oko, Mrs Beatrice Igwe hails from Okpoma in Yala local government area by parentage and Imo State by marriage.
It adds that she is a Chartered Accountant after her Higher National Diploma in Accounting from the then Polytechnic, Calabar.
In 2014, Mrs Igwe was appointed Deputy Bursar and College Accountant in the College of Medical Sciences and later posted to head the payroll section of the bursary department, a position she held until her elevation to the present position as the first female bursar of the university in 2017.
The citation also described her as a virtuous woman, charismatic lady, a team player, a transparent financial manager, a role model, disciplined and honest, a modest house wife and a loving mother of six children.
There were goodwill messages from groups and women association, including representative of the Obong of Calabar and Yala Women Association.
The event featured cultural, drama and presentation of a plaque and portrait of the celebrant.
Friday Nwagbara, Calabar
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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