Business
World Post Day: District Manager Hails RSG’s Support
The District Manager, the Nigerian Postal Service (NIPOST), Trans-Amadi District in Rivers State, Mr Andrew Ebiloma has commended the state government for its support and patronage to the organisation. Mr Ebiloma made the commendation during the 2017 World Post Day celebration at the District Headquarters in Trans-Amadi in Port Harcourt last Monday.
He disclosed that the organisation enjoys good relationship with the state government, adding that the government’s support is enormous.
According to him, the World Post Day is an annual event marked on the 9th of October every year as an heritage, adding that it was the initiative of the Universal Postal Union (UPU) to celebrate the success of the post in linking men and women separated by distance.
“The development of modern postal service came to its peak, when on October 9th, 1874, 22 countries came together in Bern-Switzerland to form the Universal Postal Union (UPU). The UPU is an arm of the United Nations (UN). It is charged with the responsibilities of evolving standards for postal administration and the regulations of postal rates”.
He posited that the postal business is no longer a monopoly of the Nigerian postal service, as such, there was every need for all hands to be on deck to brace up for the new challenges and competitions arising from deregulation of postal business and explosion in the information communication technology.
The Trans-Amadi Postal District Manager averred that the task ahead called for urgent move from the civil service orientation to a business concern in order to remain competitive and relevant to the dynamics of customers needs and expectations.
Ebiloma used the opportunity to call on the people of the state to key into the various packages, and services domiciled in the Nipost to transact their business, adding that the services are subsidise and safer compare to other private owned communication business in the country.
He opined that NIPOST has been restructured to meet the desire yearnings and aspirations of its numerous customers adding that the organisation remains the best despite the competitiveness in the ICT global market.
Iniobong Umoh
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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