Business
PH Residents Laud Wike Over Free Buses
Residents of Rivers State have commended the State Governor, Chief Nyesom Wike for providing free buses in this festive period to convey people within and outside Port Harcourt, the state capital.
The Tide gathered that the action was geared towards ameliorating the suffering of the masses in relation to shortage of vehicles associated to the season, with its attendant fare hike.
The Luxurious buses that hit the road last weekend plied various routes like Mile One – Rumuokoro, Eleme, Tai, Bori route among others.
One of the bus drivers, who spoke to The Tide on condition of anonymity, said that the buses were provided by the Rivers State Government, courtesy of the Governor, Chief Nyesom Wike to convey safely interested citizens of the state who may wish to board any of the buses en-route his or her destination.
He said that they were warned not to collect a dime from any passenger that may board the buses, stressing that the exercise was entirely free.
The driver further maintained that the response of the masses to the gesture was encouraging and appreciative, noting that this is a testament to show that the Governor is man of the people.
One of the beneficiaries of the free transport en-route Bori, headquarters of Khana Local Government Area, Mr Barika Lebari, who spoke to our correspondent, expressed his appreciation to the Governor for the magnanimity and consideration to hash economic condition affecting the common man and provided free buses to our people.
He commended Governor Wike’s developmental initiatives, saying that his project implementation speaks volume and would always sail him back to the Brick House, no matter the rough weather.
Kinika Mpi
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.
