Business
Monarch Applauds Wike On Chokocho-Okehi Road
The traditional ruler of Igboh Kingdom in Etche Local Government Area of Rivers State, King Samuel Ndiwe Amaechi, has commended the Governor of Rivers State, Chief Nyesom Wike, for embarking on the reconstruction of the delapidated Chokocho-Okehi Road.
King Amaechi made the commendation in his palace at Igbo Etche at the weekend.
The Onye Ishi Agwuru of Igboh Kingdom, in a statement made available to said that Governor Wike loves Etche people and would always embark on projects that meet the needs of the masses.
“That is why from the inception of his administration, he started his massive road reconstruction from Chokocho Road.
“He constructed the Oil Mill/Igboh/
Chokocho/Umuechem Road. He also awarded the Ulakwo/Afara/Nihi Road, and the Odufor/Akpoku/Umuo-nye Road projects, among others.
“I am not surprised that Governor Wike would hear the cry of my people over the poor state of the Chokocho-Okehi Road and decided to do the needful for my people.
The Governor, Mr Quality Projects, has again demonstrated the love he has for the people of Etche”, he said.
The monarch assured that the Igboh Divisional Council and the people of Etche would always be a strong support to Wike’s administration.
The Chokocho-Okehi Road has been a serious concern to the people of Etche for a long time, as the poor state of the road has been hampering economic activities in the area.
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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