Business
Nigerian Students For 2018 World Robot Olympiad In Thailand
Some Nigerian students are set to represent the country at the 2108 World Robot Olympiad in Thailand after coming out tops at the World Robot Olympiad (WRO) Nigeria held in Lagos, Saturday.
The Tide source reports that the WRO Nigeria was held at the Lagos City Hall, Lagos Island, where 35 schools and 140 students across Nigeria participated.
The winners of each category will represent Nigeria at WRO, Chiang Mai, Thailand later in November.
The students at this year’s competition tagged: “Food Matters” seek to proffer solutions to the way we grow, share and consume food with the aid of robots as a means of providing scientific supports.
The task was to create robots that will solve both simple and complex tasks of providing solutions to agricultural challenges, such as pest monitoring, watering and simple farm works.
The winners for the 2018 WRO Nigeria are Team Imperial Gate 1 which came first. The team has Amara Oguamnam, Adil Umeh and Ayomide Alaba.
Team Imperial Gate II came second with Jeremy Chiemezie, Oluwasindara Olatawura and Angel Odewoye.
Team Nijabot came third with Oluwataresimi Agbayangi, Theophilus Okolo and Zara Onwude in the team.
In the open category (Junior), Team Titanix came first, Team Eva Adelaja came second, while Team Bliss was third.
For the Senior Category, Lagos Model College, Meiran, came first, Ojota Senior Secondary School, Ojota followed, while New Era Girls College, Shitta was third.
The 2018 WRO Nigeria serves as the qualification stage to the WRO coming up in Chiang Mai, Thailand in November that may have about 22,000 participants according to the organisers.
The participants are drawn from across the public and private schools in Lagos having gone through tutorials from their teachers.
The 2018 WRO Nigeria was put together by Arc Lights Foundation Academy, a programme which has been on since 2014.
Arc Light Foundation is the exclusive partners of LEGO in Nigeria and LEGO Education in West Africa, and is the organiser of the World Robots Olympiad, an annual event that draws participants from across the world.
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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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