Business
NDE Trains Unemployed Graduates On Entrepreneurship Skills
The National Directorate of Employment ( NDE) has commenced training of 50 unemployed graduates in Nasarawa state on its ‘Start Your Own Business’ (SYOB) project.
The acting State Coordinator of the agency, Mr Rotgak Goden-Go’ar, disclosed this in Lafia yesterday during the opening ceremony of a five-day intensive training of the graduates.
Goden- Go’ar said that the exercise which is under the Small Scale Enterprise Department of the directorate, was geared towards training and equipping the graduates with business skills.
He maintained that the training would enable the graduates to become self-reliant and contribute their quota to the development of the country.
Goden- Go’ar said that the Federal Government was determined to tackle youth restiveness and unemployment, thereby improving the standard of living of Nigerians.
According to him, the essence of the lectures is to train graduates to think outside the box and sharpen their skills as entrepreneurs.
“Today marks the commencement of a five-day intensive training that will usher you into becoming entrepreneurs of repute that will transform the business landscape of the state and the country at large.
“You will be taught how to discover your potentials as an entrepreneur.
“In addition, you will be drilled on how to avoid business failure, how to write a feasibility study report amongst others.
“A good feasibility report will grant you access to credit facilities either from a financial institution or a venture capitalist.
“The test of the quality of your feasibility report will be the speed in which the project assesses funds.
“It therefore means that whatever efforts you put into this training will be evident in the quality of your feasibility report,” he said.
Goden- Go’ar urged the beneficiaries to take the training with the seriousness it deserved in their interest and for the overall development of the country.
He commended the agency’s Director General, Mallam Abubakar Nuhu-Fikpo for working tirelessly in bringing different schemes that would tackle restiveness and unemployment in the country.
Goden- Go’ar reiterated the agency’s readiness to collaborate with the state government, individuals and organisations toward tackling youths restiveness and unemployment in the state.
Also speaking, Mr Obadiah Boyi, the State Commissioner for Trade, Industries and Investment, commended NDE’s efforts in training youths and others to be self-reliant.
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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