Business
RSG Gives Reasons For Craft Centre Establishment
Rivers State Government has said that employment creation is the main aim of the establishment of craft centres in the state.
The commissioner for Local Government Affairs Hon. Samuel Eyiba, said this in Buguma the headquarters of Asari Toru Local Government Thursday when he visited the government craft centre in the area.
Eyiba, said the craft centres were mainly built for provision of employment opportunities for the teeming youths of the state.
According to him, the state government has since decided to redirect the minds of the youth from violence, thus the reactivation of the craft centres.
He also said that he was encouraged by the level of development in the area, while urging the council leadership to maintain the tempo.
In his speech, theChairman of ASALGA, Hon. Ojukuye flag Amachree, informed his guest that the Niger Delta Development Commission (NDDC) has executed about N250 million worth of contracts in the area of youth development centres.
Amachree further revealed how the LGA has entered into partnership with NDDC on youth development projects for which the council provided land as part of its contribution.
He said the council will also take up payment of the staff of the centre and as well, oversee the maintenance of the area.
The Tide gathered that the council has about 216 shops and is working out modalities to empower about 260 women up to the tune of N11 million.
It would be recalled that youth and women empowerment has become the concern of may administrations as trouble in the country is always linked to their neglect.
The permanent secretary of the Ministry, Mr Monday Ekekentah was one of the dignitaries that accompanied the commissioner on a tour of the craft centres including the Port Harcourt centre.
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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