Business
Winners Emerge At Good Governance Hackathon Competition
Winners have emerged at the just concluded utilisation of geospatial data for good governance hackathon competition.
The event which held in Lagos was sponsored by the World Bank, the European Union, United Kingdom Aid (UKAID) KOICA, SEEFOR Project and Bill and Melinda Gate Foundation in collaboration with Co Creative Hub.
Among the winners are Team Native which clinched the Star prize of $10,000. The team was led by one Somto Momah.
Other winners include Team Sight which came second with $6,000 prize, while Team Healthcare for All came third with $4,000.
The competition tagged “Data for Good Gover-nance” was organised as part of the 2020 Social Media Week.
The focus was on the ability of participants to manipulate and analyse available geospatial data into useful information that can be transformed into government policies to impact on the citizenry.
Speaking on the event, the World Bank Task Team Leader (TTL) of SEEFOR Project, Mr Parminder Brar, said the competition was geared at providing opportunities for youths who are ready to solve problems.
“Nigeria is full of talented young people who want to solve the problem of accountability, service delivery and they really want to move ahead,” he said.
He expressed confidence in the youths who within eight days were able to use available data as platform on which solutions to societal challenges can be found.
He commended all participants for their efforts and assured them of the support of the organisers.
Explaining the activities that culminated into choosing three teams that emerged winners, the TTL said 79 teams indicated interest to participate, 22 were short-listed and eight made it to the final.
Speaking on the lessons learnt from the event, the National Project Coordi-nator of SEEFOR Project, Dr Greg Onu, described the competition “as very good innovation and a way of empowering the youths to be involved in governance, using the ICT platform.”
According to him, it is a way of engaging the youth and the feedback mecha-nism is very impressive because it allows project implementers to get feed-back from the citizens about the performance of their projects.
On his assessment of the event, one of the judges, Dr Zakari Lawan, the M&E Director and GRID3, Ministry of Budget and National Planning said the programme gave him hope for the future of the youths. “It gives me a lot of hope that Nigeria has all the potentials to be great with what I have seen today, with the skills and capacity that was exhibited by the young participants, who were just engaged into this particular process, I think it is great and I believe if this young men are given the opportunity and exposure, I think they’re world class materials.”
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics3 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business3 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports3 days agoJ And T Dynasty Set To Move Players To Europe
-
Business3 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics3 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Politics3 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business3 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment3 days agoAdekunle Gold, Simi Welcome Twin Babies
