Business
Mobil Oil Field Attack: Workers Appeal For Enhanced Security
Oil workers at the Qua Iboe crude export terminal operated by Mobil Producing Nigeria have expressed concern for their safety following last week’s attack on the facility.
In separate interviews with newsmen, the workers appealed to the security agencies to beef up security to ensure uninterrupted oil production.
“The place of oil in our economy is central and the Federal Government should use its might to protect its investment in the sector.
“This is because once there is any disruption, it will be difficult for the government to meet its revenue target from the oil sector,” Peter Oduok, an engineer at the terminal, said.
The attack, according to a statement from the firm, led to the abduction of a worker and left a security man injured.
The Tide correspndent reports that security has been tightened around Mobil oil blocs in the Atlantic Ocean after the attack by unidentified gunmen.
It was gathered that the offshore unit of Petroleum and Natural Gas Senior Staff Association of Nigeria has scheduled a meeting to discuss the safety of the workforce at the oil field.
Its Chairman, Mr Jude Nwaogu, told newsmen on Monday that although the abducted person was not a member of the association, the union was concerned about the safety of its members.
“The development is of concern to us because security is all embracing and we are monitoring the situation closely to ensure that our people out there are not endangered.
“Our offshore unit is meeting to review the situation and assure our members that there is adequate security,” Nwaogu said.
Sources at the oil fields said the gunmen shot and wounded a naval officer on board MV Igbere, which was supplying diesel to Idoho oil production platform, about 18km from Ibeno shoreline.
The incident did not disrupt production at the 900,000 barrels per day export facility.
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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