Business
Bauchi To Spend N395m On Electrification Project
The Bauchi State Government has approved N395million for the electrification rehabilitation of some communities in Alkaleri and Misau Local Government Areas (LGAs) in the state.
The Special Adviser on Media and Strategy, Mr Ali Mohammed made the disclosure in Bauchi on Monday while briefing newsmen at the end of the state Executive Council Meeting.
Mohammed said that N162million was approved for rehabilitation of damaged high tension lines in Misau –Giade axis while N114million was for electrification of Sha Iska-Yalwan Bako-Pali villages.
He said that N119million was also approved for the electrification of Jalingo –Yalo- Masuri communities all in Alkaleri LGA.
The council has also approved N149million for the completion of two storey buildings with boys’ quarters in the College of Nursing and Midwifery for medical officers in the state, he added.
Ali disclosed that the council had renamed the College of Education in Kangere to Adamu Tafawa Balewa College of Education after the renowned political and illustrious son of the state.
According to him, the council also adopted six books earlier reviewed by the present administration to improve on civil service regulations in the state.
Reports say that some of the books were last reviewed in 2001 which includes the store regulations and policy on disposal of official vehicles.
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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