Business
Dangote Cement Donates 10 Tricycles To Host Communities
Dangote Cement Plc, Obajana Plant in Kogi, has donated 10 tricycles, popularly known as Keke NAPEP, to host communities as part of its corporate social responsibility and enhance peaceful and harmonious relationship.
The Plant Director of the company, Mr J. V. Gungune, while presenting the items to the four plant and mining communities yesterday, said the gesture was part of efforts to engender harmonious relationships between the company and the host communities.
Gungune, who was represented by General Manager, Human Resources and Administration of the company, Haruna Adinoyi, said that the firm was appreciative of the host communities’ supports for its operations.
He said that the donation was meant to provide livelihood support for some members of the benefitting plant and mining communities, including Obajana, Akpata, Iwaa and Oyo, all represented by their respective traditional rulers.
Speaking at the handing over ceremony, the Bajana of Obajana, Oba Idowu Isenibi, described the donation as timely, saying that it would support business and transportation in the communities.
The Oba of Iwaa community, Francis Migbole, also expressed the appreciation of his community to the company, while commending the President of Dangote Group, Alhaji Aliko Dangote, for his efforts at transforming the economies of the host communities.
In his remarks, the Deputy General Manager, Community Relations and Special Duties, Mr Ademola Adeyemi, said that the tricycles would aid movement of members of the affected communities.
Adeyemi said that the effort was part of the company’s corporate social responsibility (CSR) to enhance harmonious relationship, adding that while Obajana was a plant community, Akpata, Iwaa and Oyo were mining communities.
It would be recalled that only recently, the company funded cooperative societies in the communities, while it had just completed a multi-billion naira Obajana-Kabba concrete road, adjudged to be the longest concrete road in the country.
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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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