Business
EEDC Introduces Bi-lingual Smart Bills Payment System
The Enugu Electricity Distribution Company (EEDC), has introduced a bi-lingual internet-based smart bills payment system to reduce time-wasting of bills payment by its customers.
EEDC’s Head of Communications, Mr Emeka Ezeh, said in a statement in Enugu that the new internet-based bill payment known as “Energy Pay’’ was part of the company’s continuous drive toward the development of innovative solutions.
According to him, the option will enhance customers’ experience.
Ezeh said that the online payment portal, which had been integrated to EEDC website, would allow both prepaid and postpaid customers a fast, safe and convenient option to pay their electricity bills at no extra or additional cost.
“This payment option is an addition to complement other existing bill payment channels offered by EEDC, thereby making available to its customers a wide range of convenient payment options.
“The service is designed in both English and Igbo languages, and comes with some unique features.
“These features include: SMS and email transaction notification, which is a confirmation of the transaction status to the customer via the phone number and email address supplied by the customer.
“Payment/transaction history, this enable customers view their payment history, with the ability to also resend failed/unprocessed transactions.
“Another interesting thing about this payment option is that it allows for multiple transactions.
“And it is also mobile friendly, that means that customers can conveniently initiate and perfect the transaction anywhere, on any applicable device, provided there is internet access,’’ he said.
Ezeh, however, advised customers to take advantage of Energy Pay as well as other bill payment options available to them in paying their electricity bills promptly for continued improved service.
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.
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