Business
Exhibitors At Turkish Export Fair Commend Organisers
Some exhibitors at the just concluded Turkish Export Products Fair 2012 in Lagos said the fair offered them opportunities to make more contacts and expand their businesses.
They told our correspondent in Lagos that the last minute rush by customers boosted their sales and expanded their contacts.
Our source reports that 105 exhibitors took part in the three- day exhibition.
Mr Dennis Azapoglu, an Engineer at AXY Transformer, manufacturers of transformers, said “this is our first time in Nigeria”.
“We came to look for partnership and customers, which we got at the fair.
“A lot of visitors are really interested and l feel it is due to the power situation in the country.
Azapoglu said that the company would get more feedback, hoping that more people would make their orders “as soon as we return to Turkey”.
Mr John Ismail of Makrom Clothes, said that he came to the fair to meet his customers personally, adding “the deals are excellent”.
“I only came to Nigeria to meet customers one on one and to know the problems they are facing with my clothing line.
“Already, I have customers in Nigeria, but I came to create more awareness for my label,” Ismail said.
Mr Steve Mehmet, the Export Manager at Famy Soft, a converting firm, said that he intended to stay for more days after the fair because of the big market for his products in Nigeria.
Mr Matthew Serkan, Sales Engineer at Gold Computers, manufacturer of laptops, said that the fair was a platform for his company to introduce its products.
Serkan said that he was able to educate the people on the importance of advancement in technology and the need for visitors to patronise the products.
“I strongly believe that as soon as we get back to our country, there will be high level of response from the contacts we have made,“ he said.
Mr Deniz Benson, the Sales Representative of Serin Trailer Company, said that he made good contacts at the fair.
“This is good market for me and l wish to be here next year.
“l hope that Turkey will have good economic relationship with Nigeria,“ he said.
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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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