Business
Commission Wants Nigerians To Patronise Energy Bulbs
The Energy Commission of Nigeria, ( ECN ), has called on Nigerians to adopt the culture of using energy saving bulbs, (Light Emmiting Diodes LED) in their homes and workplaces.
ECN said the culture would promote energy efficiency in public buildings.
The Commission in a statement signed by Larry Ogar, a staff of Clean and Green Energy, during a 2 Day sensitisation workshop organised by ECN in collboration with the contracting firm at the Federal Government College, Port Harcourt recently.
Speaking at the event, Larry Ogar said the aim of the workshop was to create awareness to the public on the need to promote energy efficiency in public buildings in Nigeria.
The energy awareness campaign, Ogar said was also to raise students awareness on the importance of energy savings and promote the huge energy saving potentials through the use of energy efficient lighting.
Also speaking, Engr. Yahaya Yekini, a representative of Energy Commission of Nigeria said Light Emmiting Diodes ( LED) bulbs reduce energy consumption at homes and workplaces
“Our aim is to promote energy saving culture in our homes, workplaces and public buildings across the country,” Yekini said.
Earlier, the Vice Principal of Federal Government College, Port Harcourt, Dr. Samuel Udom said the exercise was a welcome
development to electricity users
Udom, who described the Energy workshop as educative, said the awareness on energy bulbs would create the promotion of energy saving culture in our homes.
The principal said the sensitisation programme would certainly help the students in their future endeavours.
Chinedu Wosu
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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