Business
NNEW Plans Training For 800 Women Entrepreneurs
The NECA’s Network of Entrepreneurial Women (NNEW) has announced the launch of the Women in Digital Business training programme designed to empower 800 women entrepreneurs through digital literacy and business innovation.
A statement by NNEW made available to The Tide’s source said the initiative, sponsored by the International Training Centre of the International Labour Organisation and Microsoft Philanthropies, represents a significant step towards fostering economic growth and sustainability among women-led businesses.
The training programme, launched in July, targets women entrepreneurs with over six months of business experience seeking to enhance their digital skills for growth.
Participants must be proficient in English and commit at least 25 hours over five weeks to complete the training.
According to the statement, women entrepreneurs will explore digital business solutions that will be relevant to the effectiveness of their enterprises and gain insights into the digital transformation of their business processes and people.
The President of NNEW, Mrs. Adefunke Kuyoro, said, “We are thrilled to partner with ITC-ILO and Microsoft Philanthropies on the Women in Digital Business initiative to offer this empowering programme to women entrepreneurs.
“By equipping them with essential digital skills and innovative business strategies, we aim to bridge the digital divide, create opportunities for women entrepreneurs, and enhance their capacity to succeed in today’s digital economy”.
Kuyoro further said the programme is a testament to NNEW’s commitment to empowering women in business and fostering inclusive economic growth.
Also, the Programme Director, Mrs. Bukky Femi-Ajala said, “The Women in Digital Business(WIDB) programme consists of 10 online training sessions and self-paced learning modules on a dedicated portal.
“Participants will gain valuable insights and practical skills to enhance their business operations, increase efficiency, and drive growth in the digital economy”.
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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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