Business
Musician Tasks Govt On Job Creation
A veteran musician, Olaiwola Olagunju, popularly called “Fatai Rolling Dollar’’, has advised the three tiers of government to create jobs to check vices among the youths.
Olagunju told newsmen in Lagos recently that the tiers government should also provide enabling environment for the private sector to thrive and create jobs.
He suggested that adequate funding of the arts and other sectors would encourage many young artistes and other youths to be self-employed.
Olagunju said that an enabling environment would enable graduates to practice what they studied either by working for people or themselves.
“They will practice what they read and also make money out of it. If the arts sector is properly funded, you will see that the sector will be a beehive of activities.
“Professionals will come in; it won’t be an all comers’ affair. Some fresh graduates of arts will see money to do jobs and feed from them.
“But because of lack of funding, they cut corners, that is why we witness kidnappings and other vices which have eaten deep into the fabrics of the country,” he said.
He, however, advised the youths to be patient and avoid engaging in criminal activities.
The musician also urged young artistes to understudy veterans to be able to make the desired impact.
According to him, you must be under somebody to get it right before you establish yours, noting that this would make them to be relevant to themselves and the society.
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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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