Business
Sachet Water Sellers Make Brisk Business In Kano
Sachet water sellers otherwise known as ‘pure water sellers’ in Kano are making brisk business due to the intensity of the current harsh weather in the state.
Some of the sachet water sellers told The Tide source in Kano yesterday, that they been have making high sales since the commencement of the hot weather early this month.
According to them, the current harsh weather has forced many people, especially labourers and those working in the sun to drink a lot of cold water and soft drinks to prevent dehydration.
One of the sellers, Ahmed Baffa at Dawakin Dakata area said the business was very profitable hence his resolve to start it early this month to make some money.
“The business of selling pure water is thriving because during heat season people take a lot of cold water,’’ he said.
Baffa said that each bag containing 20 sachets cost N100 and he sells more than six bags every day.
“I make a lot of sales, especially from noon to 5 p.m daily due to the intensify of the heat since the hot weather sets in,” he said.
Another seller at New Road in Sabon Gari, Mr Christopher Ugbondu, said that he has been doing the business for over five years.
“I had two cold rooms which I use to sell bags of cold pure water but now I have increased it to five cold rooms to do the business proper.
“I sell more than 100 bags to my customers and make a profit of over N2, 000 everyday,’’ he said.
Ogbondu, however explained that the challenges he encountered in running the business include poor power supply, exorbitant charges from the Kano Electricity Distribution Company (KEDCO) and leakages of the pure water sachets.
Another seller at Sabon Gari Market, Mrs Joy Odigie said she makes a lot of profit from the sales of the sachet water this season as she had her customers who purchase the commodity from her.
“The sachet water I sell is a good product. I sell a pair at N15 instead of the usual N5 per sachet because of its good quality,”she said.
Our source reports that following the commencement of the hot weather in the state, many unemployed youths have taken to the business of hawking sachet water.
Most of those who engaged in the business are seen on traffic points and along the streets in the metropolis selling the commodity.
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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