Business
Electronic Engineers Move To Tackle Quacks
Electronic engineers
have constituted a monitoring team to work with the Council for the Regulation of Engineering in Nigeria (COREN) to tackle the menace of quacks in the profession.
Mr. Adekunle Makinde, National Chairman of the Nigerian Institution of Electrical and Electronic Engineers (NIEEE), said this in Lagos on Saturday during an interview with newsmen.
He said the team would assess engineering works, determine the owners, the contractors, the consultants and ascertain their qualifications and suitability.
“It will also advise the owners where necessary’’, he said.
Makinde said the institution would collaborate with COREN to combat quackery in the profession.
He stressed that quackery was a serious issue that must be tackled for the development of engineering.
He added that the activities of quacks had negatively affected engineering and other professions in the country.
“It is not only in engineering that we have quacks. They are everywhere; in journalism, in the judiciary and all other professions.
“So, it will take the collective efforts of all to stop them from practising’, he said
The chairman stressed the need to sensitise Nigerians on the disadvantages of using quacks under any guise.
“That is why NIEEE is collaborating with COREN and Standards Organisation of Nigeria (SON) to checkmate the activities of quacks’’, he said.
Makinde said that the institution would organise a conference in Onitsha, Anambra before the end of October to proffer solution to epileptic power supply in Nigeria.
He said that inventions in the power and telecommunications sectors would be exhibited during the conference.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics3 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business3 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports3 days agoJ And T Dynasty Set To Move Players To Europe
-
Business3 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics3 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Politics3 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business3 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment3 days agoAdekunle Gold, Simi Welcome Twin Babies
