Business
Estate Valuer Urges Operators To Upgrade Skills
The national Vice President 2 of the Nigeria Institution of Estate Surveyors and Valuers (NIESV), Emma Wike has urged operators in the built industry to continually upgrade their professional skills to remain relevant.
He said that it was through involvement in programmes that could enhance their professional skills and competence, that their values would be retained.
Wike who disclosed this while speaking to aviation correspondents, yesterday, noted that the building sector was usually the most hit whenever the economy was passing through challenges like the recession.
According to him, the effects of the economic downturn most of the time result in scarcity of construction activities and then, loss of jobs.
“This makes it paramount for the professionals to continually upgrade their skills and competence to be relevant in the industry.
“Unless we stand our ground and maintain the standards of the profession, we may be swept away by the growing competition in the industry.
“For us to cope in terms of relevance, we will seek for ways to lift up the construction industry by continually embarking on researches and programmes that will enhance our skills”, he said.
The real estate expert posited that the call became necessary so as to sensitise operators in the sector because, according to him, many investors tend to shun the real estate sector in the period of economic downturn and challenges.
“Although the three essentials of life are food, clothing and shelter, but shelter comes last in most people’s scale of preference because it is only when one eats and is clothed that he may think of building or investing in housing”, he said.
Wike called on the federal Government to invest more in the construction sector so as to raise the number of those employed in the sector, and as well aid the country’s real economic recovery at the end.
Corlins Walter
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.
