Business
Exhibitors Protest Early Closure Of Jos Trade Fair
Exhibitors at the ongoing Jos Trade Fair yesterday protested against the early closure of the event, and demanded for an extension to make up for days lost to security challenges.
The Fair, which was initially billed to hold from October 12 to October 28, did not commence till October 16, following skirmishes in some parts of the Plateau capital.
The slated closing date of Sunday, October 28, was however retained.
Some exhibitors, who spoke with NAN on Sunday in Jos, said that the fair should have been extended to make up for the days the postponement lasted.
Mrs. Bolanle Ajayi , an exhibitor from Badagry in Lagos, said that she had not made any reasonable sales from the fair, adding that most of the people had not been paid October salaries.
“I am not going anywhere without selling my goods; it is completely unfair to ask us to vacate the arena without an extension of at least two days,” she said.
Another exhibitor from Lagos, Mrs Aina Ayomide, said that she brought in so many goods from Lagos and the thought of taking them back home was disheartening.
“We want an extension of at least two days so that salaries will be paid.
“We are optimistic that people will buy if they are paid because some have come here and promised to return when they are paid,” she said.
Mr Ibrahim Audu, from Kano, said that the recent skirmishes could be the reason for the early closure, but pointed out that normalcy had returned to the city.
“There were the initial fears and uncertainty when we arrived Jos, but the security situation has improved tremendously,” he said.
Mrs. Fausat Adigun, who sells kitchen utensils, said she came into Jos four days after the Fair started.
“I delayed my arrival to enable me observe the security situation. It won’t be fair to close business just when it is at its peak,” he said.
The organisers, however, wrote a letter on Friday in which they directed the exhibitors to vacate the Fair ground on Sunday.
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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