Business
Minister Harps On Driving Education Through Internet
The Minister of Communications, Dr Adebayo Shittu yesterday restated the need to use internet and information technology to drive education in the country.
Shittu reiterated this at the 2018 edition of ‘Nigeria Internet Governance Forum’ in Abuja with the theme: ‘Internet: An Enabler For Good Governance’.
“It is important that the internet is used as a tool to driving education, while assuring socio-economic advancement in an inclusive manner.
“The task of improving the lives of the vulnerable and the underprivileged is not for the government alone, it is for all stakeholders,” Shittu said.
The minister, who expressed concern that many Nigerians lacked access to internet, reiterated the ministry’s commitment to ensure that it was extended to all parts of the country.
“Many still don’t have access to the internet.
“When people get connected, they can achieve extraordinary things. The internet belongs to everyone,” he said.
Shittu also called for improved engagements between stakeholders in the communication sector and the public to facilitate the growth and adoption of internet as a tool for enhancing the quality of lives of Nigerians.
He said that the government welcomed positive ideas that would bring development and growth to Nigeria through ICT, adding that the future was full of challenges.
He said that the government would continue to seek a more assertive role in the governance of the internet and technology as well as to continue to push the boundaries of accepted normative standards.
“We need to look forward to the possibilities that the internet is yet to bring.
“The promise the internet held 26 years ago still holds true and we will continue to believe and advocate for the benefits it brings, the ability to inspire and its capacity to change people’s lives.
“Nigeria represents dynamic change, new ideas, and the next generation of leaders. An internet that includes Nigeria means an internet that exists for the good of all people.
“One that is shaped by diversity, inclusion and equal voices,” Shittu said.
He, however, expressed concern over unlawful use of the internet to perpetrate crime in the society.
According to the minister, bad actors will continue to attempt to hijack the very nature of the internet to cause harm where it is designed to help.
“However, we have the moral responsibility to protect our culture, youths and other vulnerable groups on the Internet.
“We take the issue of child safety online to be very important and will continue to do all that is necessary to ensure that our youths are engaged in the right direction,” he said.
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.
