Business
PENGASSAN Committed To Workplace Gender Equality
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has reiterated its commitment to the adoption, implementation of policies and strategies that promote gender equality in workplaces.
Speaking at an event to celebrate the International Women’s Day (IWD) in Abuja, PENGASSAN’s President, Festus Osifo, asked for mechanisms to report gender-based violence and provide support to victims/survivors.
He demanded more access to health care for women, particularly in rural areas where traditional health care are not available.
According to him, “Innovation and technology have been a driving force in the global economy. Over the past few years, we have seen significant strides towards gender equality in various spheres of life, but there is still a long way to go.
“In the digital space, we believe that there is a huge disparity in women involvement due to certain factors that inhibit their abilities to develop the necessary digital skills which diminish their opportunities to pursue careers in science, technology, engineering and mathematics.
“Women face a lot of technical capabilities. These capabilities are always questioned as against their male counterpart.
“Women in technology may also face harassment and discrimination, both overtly and subtly. These women may struggle to find role models and mentors who have similar experiences.
“Many of these women struggle to balance the demands of their careers with their personal lives. This can be particularly challenging for women who are also raising families or caring for elderly parents”.
By: Stories Compiled By Tonye Nria-Dappa
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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