Business
Be Good Ambassadors, ELF Pensioners Told
The Elf Petroleum Pensioners Association of Nigeria (EPPAN), the Rivers State Chapter, has charged pensioners of the company to be good ambassadors of EPPAN as well as serve humanity with total commitment to improve the lots of the people.
The National President of EPPAN, Joy Inimgba-Koko, gave the charge at a reception held in honour of two pensioners of Elf- Senator Nimi Barigha-Amange and Dr. Chinyere T. Eze, the incumbent chairman of Imo State Water Corporation.
Inimgba-Koko, in his speech at the reception in Port Harcourt, expressed gratitude to God for lifting the two former staff of Elf in the corridor of politics and attributed the elevation to their past record in service.
The EPPAN National President said that there is always a reward for good service in life and advised all those holding position of trust to leave a legacy in the sand of times.
Senator Barigha-Amange, who represents Bayelsa East Senatorial District at the National Assembly was full of praises for EPPAN for honouring him.
While promising not to disappoint them in his national assignment, Senator Barigha-Amange said he is committed to serve the nation with renewed diligence so that the people would reap the dividends of good governance.
Dr. Eze, in his own response said the special reception for them represented a token of love and appreciation for their services in the company and promised to remain instrument of quality service to the people and the nation.
He described governance as the art of managing the people to achieve collective goal and solicited the cooperation of the people in the task of repositioning the economy of the nation for a common good.
Highlight of the occasion was the presentation of awards to Senator Barigha-Amange and Dr. Eze.
Business
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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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