Business
…Warns Illegal Dredgers
The Rivers State Government has warned against illegal dredging activities in the state.
The commissioner for Environment, Barrister Kingsley Chinda who handed down the warning during a courtesy call on him by Chief Festus Sina Loukil from Bomu and Representative of Faribo Nigeria Limited, also urged companies operating in the state to obtain proper environmental impact Assessment (EIA) report before embarking on any projects.
Barrister Chinda said that the ministry will leave no stone unturned to ensure a safe environment for all, stressing that as a government, the ministry is responsive to the yearning of the people.
He also reiterated the need for companies to exhibit a high level of environmental consciousness in the activities.
Meanwhile, the Rivers State Government has reiterated its readiness to return Port Harcourt to its enviable position as the cleanest city in Nigeria.
The commissioner for environment ,Barrister Kingsley Chinda said this during a special sanitation exercise organised by the ministry’s intervention agency.
The special intervention agency was set up by the ministry in collaboration with the Rivers State Environmental Sanitation Authority (RSESA) to check areas neglected by refuse disposal contractors in the evacuation of refuse in Port Harcourt.
Barrister Chinda who was represented by a director in the ministry said that the exercise which started from Moore House area of Port Harcourt will move round the city on a daily basis.
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
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