Business
BRISIN To Attract Investment, Check Social Vices
The National Coordinator, Basic Registry and Information System in Nigeria (BRISIN), Dr Anthony Uwa, says implementation of the programme will attract huge investment to Nigeria’s economy.
Uwa told newsmen in Abuja, Monday that the project had wide spectrum of actions and Public-Private Partnership (PPP) offshoots that would engender high-profile investments.
BRISIN is an integrated system for the collection, storage and distribution of information to support the management of the economy.
The project was initiated by the President Olusegun Obasanjo administration, while the Goodluck Jonathan’s administration inaugurated a Technical Committee for its implementation.
BRISIN is targeted at tapping into all aspects of the nation’s economy and bringing developmental and economic growth in the country through the use of data collection on people and other relevant information.
Data received will be used to plan for the management of the nation’s resources.
Uwa said that the benefit of BRISIN had no limit, both to the government and citizens.
“If we look at BRISIN as a system, we find that everybody is involved; government owns BRISIN, and we, as solution providers will not allow our system to fail, not when it is all-inclusive system.
“What makes a system not beneficial is when the interest of the citizens is not considered first.
“Our approach and strategy is a very enduring approach and foundational, because a house built on a solid foundation remains forever,’’ he said.
Uwa, who is also Managing Director of Dermo Impex Limited, the service provider of BRISIN, said the project would build on five focal data points in the country that would guarantee data governance.
He listed the points as demographic data, social data which include disability, security data and economic data as well as labour and employment data.
“These integrated data form the base for national data governance. Businesses benefit from data governance because it ensures that data are consistent and trustworthy.
“This is critical as more organisations rely on data to make business decisions, optimise operations, create new products and services and improve profitability,’’ he said.
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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.
