Business
NDE Empowers 50 Widows, Others In Yobe
The National Directorate of Employment (NDE) in Yobe has empowered 50 widows, widowers, orphans, physically challenged and internally displaced persons to go into self employment.
Alhaji Adamu Fika, NDE co-ordinator in the state, who said in Damaturu on Tuesday, added that N1 million was disbursed to them after undergoing training in various trades.
“The beneficiaries have been trained in carefully selected trades of industrial tailoring, shoe and leather works, beads making, tie and dye and hair dressing.
“We hope the loans would provide these vulnerable persons with gainful employment to reduce street begging, remove disillusion among them and exploit their ability in disability”, he said.
Fika urged the beneficiaries to take advantage of the programme to become industrious and self-reliant persons.
Hajiya Asamau Kolo, the state’s Commissioner for Women Affairs, charged the beneficiaries to ensure judicious use of the loans.
“You should see this as an opportunity to break through and leave the painful like of street begging.
“You must not spend this money on frivolities like mobile phones and fashion”, she said.
Reports said that 498 graduated from, NDE’s training this year. It also trained 50 women in Events Management, 25 others in Environmental Beautification and had 24 in Graduate Attachment.
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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