Business
Society Wants Professionals To Manage ICT Ministry
The Nigeria Computer So
ciety (NCS) says the Ministry of Information Technology (IT) has the capacity to resolve the nation’s unemployment crisis by serving as a catalyst for wealth creation, if managed by skilled professionals.
The society’s assertion is contained in a statement signed by Prof. Sola Aderounmu, NCS President, and made available to newsmen in Lagos on Tuesday.
“As a professional group, we are not unaware of the clamour by Nigerians on the need to nominate men of sound pedigree and untainted integrity to serve as ministers in the current administration.
“NCS as a society and the umbrella body for all IT practitioners in Nigeria aligns itself with this general call by the Nigerian populace that it cannot be business as usual.
“NCS also wants to, unequivocally; assert that a major bane in under performance by some ministries lies in the choice of non-professionals to serve as ministers
“It is especially in some key ministries that some level of technical expertise and understanding of the industry are required and calls for a change,” it said.
The statement also called on government to choose the Minister of Information Technology and Communication, from a huge reservoir of professionals in IT.
It said that the person should be one who had a clear understanding of the challenges of the industry and ways to move it forward for the greater good of the country.
The person, it said, must not only be a practising IT professional but must possess IT qualifications, membership of local relevant IT bodies like Computer Professionals Registration Council of Nigeria (CPN).
The statement also urged the administration to ensure that the culture of putting square pegs in round holes be stopped.
It urged the government to extend a similar procedure done in Ministries of Health and Justice, where only medical and legal practitioners are appointed respectively as ministers, to the ICT ministry.
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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