Business
Bayelsa Skills Acquisition Participants Complete Training
Twenty youths from Bayelsa State who traveled to Thailand to acquire training in fashion designing and dress-making have completed their training and returned to Yenagoa, the state capital.
Receiving the youths at Government House, Yenagoa, Governor Timipre Sylva said he was not only gratified that they all returned safely, but that they successfully completed their programmes in record time.
Sylva assured that government would do everything to ensure that the training the youths acquired would be beneficial to the people of the state.
He said one way to absorb the 20 dress making and fashion design graduates would be to establish a garment industry in the state. The governor advised them to be creative and to strive to make a name for themselves.
Director-General of the State Micro-Credit Administration Agency, Mr. Thom Owugha, revealed that the original intention was to train 10 of the youths in fashion designing and the other 10 in dress making but that at the end, all 20 of them received training in both trades.
He explained that despite cultural and language barriers, the youths undertook a third specialised course in modeling, make-up artistry, personality development, social manner and art of communication and successfully completed all three courses within record time.
Owugha said, with the training the youths have acquired, they are adequately prepared for any challenge in the areas of fashion design and dress-making.
The Director-General said the youths were carefully selected by a committee comprising fashion designers and staff of his agency, adding that all 20 youths with a minimum qualification of secondary school certificate, have a background in tailoring.
Also speaking, one of the youths, Ms. Binalayefa Okereke, lauded the governor for the skills acquisition initiative and pledged that the funds spent on their training will not be a waste because they are ready to make a name for themselves and the state.
She said the issue of language was a severe challenge but expressed gratitude that with the support of the state government and determination on their part, they were able to complete three distinct programmes on schedule.
The training programme, facilitated by the Bayelsa State Micro-Credit Administration Agency, took place at the Kalawin International Fashion School, Bangkok, Thailand.
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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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