Business
COREN Tasks Technicians, Others On Registration
The Council for the Regu
lation of Engineering in Nigeria (COREN) has advised engineering technicians, craftsmen and artisans to register with the council.
COREN’s President, Mr Kashim Ali, gave the advice at the closing of the 24th Engineering Assembly organised by the Council, recently.
He said there was the need for engineering technicians, craftsmen and artisans to register with the council to be guided by the ethics of the engineering profession.
“There have been improvements in the number of these categories of engineering technicians who have registered with the council.
“We are formulating ways to bring more of these categories to register and appreciate the ethics of the profession.
“We cannot afford to allow building companies to go to neighbouring countries to hire craftsmen because they believe our craftsmen are not proficient,” he said.
Ali urged engineers to uphold the ethics of the profession in all their activities, warning that the council would not condone any unprofessional act by members.
He appealed to registered engineers to report any breach of COREN code of conduct by their colleagues or government officials.
He said: “You have to be careful in your practice. You cannot offer to do what you are not registered by COREN to do.
“No unethical act would be tolerated among our registered members.
“As a registered member you should report to us any engineer who has violated our code of conduct. You have to do it to protect image of the profession.”
The COREN President called on the three tiers of government to utilise the services of indigenous engineers to enable them contribute their skills in science, technology and innovation.
He urged governments to ensure that expatriates engineers were only allowed to work in Nigeria when it was proven that no indigenous engineer could perform the task.
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.
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