Business
NPA Plans ICT Facilities For Ports
The Nigerian Ports Authority (NPA) says it is in the process of developing its Information Communication Technology (ICT) facilities to meet up with the demands of ports operations.
The NPA General Manager, Public Affairs, Capt. Iheanacho Ebubeogu made this known at a media interaction in Lagos.
“Traffic is getting higher; we can no longer continue to operate manually. We are trying to computerise everything.
“In the area of development in technology, the authority is stepping up its ICT capability with the establishment of integrated Port Community Information System (ISPCIS).
“It will also develop the Vessel Traffic Management Information Services (VTMIS),’’ Ebubeogu said.
He said that the organisation was advocating strong collaboration with other stakeholders to build an electronic “one-stop shop network”.
The general manager also said that the authority, in line with its monitoring and compliance function, would ensure that concessionaires improve on ICT compliance and modern equipment for cargo handling.
Ebubeogu said that the public had misinterpreted the role of NPA in the ports operations in respect of ports concession.
He said that it had become imperative to distinguish between the ports operations being handled by NPA and the one handled by the terminal operators.
Ebubeogu said that NPA would comply with the international and global best practises.
He said that NPA would only concern itself with the provision of safety, security, environmental protection and efficient services at competitive cost.
The President of Maritime Association of Nigeria (MARAN), Mr Bolaji Akinola, urged NPA management to support journalists in the discharge of their duties.
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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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