Business
New NSE Boss Assures On Quality Leadership
The newly elected Chairman of Nigeria Society of Engineers (NSE), Port Harcourt branch, Engr Precious Bob-Manuel says he will partner with the fellows, elders and others to ensure quality leadership and move the society to an enviable height.
Bob-Manuel made the assertion while speaking after his election during the society’s Annual General Meeting in Port Harcourt, recently.
According to him, as a former deputy chairman, he would bring his wealth of experience to bear having learned the quality of good leadership from the out-going branch chairman, Engr Emmanuel Idoniboye, adding that his administration would carry every member along.
“I have been involved in the administration of the branch and as it is the custom of the branch, the elders lead and we follow from there. I still intend to partner with the elders and the fellows of the branch to move the branch to the next level,” he posited.
The new NSE chairman noted that working in synergy with his officers cannot be over-emphasised and thanked all for the confidence reposed on him and promised to live up to expectation.
Earlier, the out-going chairman, Engr Emmanuel Idoniboye commended members for their co-operation, collective ideas and motivation which had resulted in the successes recorded for the past two years and also thanked God for his benevolence and grace in the discharge of his duties as chairman of the unique branch that is always associated with excellence and good leadership.
Idoniboye enjoined the members of the branch to continue to give their massive support and encouragement to the in-coming executive that would be taking over office in December, 2017.
Other officers elected include Engrs Otonte Otueneh Vice Chairman, Amadi Hachinemum – Secretary General, Promise Jumbo – Assistant General Secretary, Mrs Idaeresoari Harriet Ateke – Treasurer, Mrs Chinwe Okoronkwo – Financial Secretary and Michael Bob-Manuel – Publicity Secretary.
Also elected were Atako Michael as Technical Secretary, Abiye Sepiribo Kignana – Assistant Technical Secretary, Belema Ekine – Welfare Secretary and Chief Emmanuel Awoyesuku-Jack – Internal Auditor while Emmanuel Idoniboye and Kombo Theophilus-Johnson are ex-officio 1 and 2 respectively.
Collins Barasimeye
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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