Business
Reactivate NPA Technical School, Expert Urges FG
An operator in the Mari
time Industry, and President, Women in Shipping (WISTA), Mrs Ann Ukpong, has called on the Federal Government to reactivate and properly equip the Nigeria Port Authority (NPA) technical school, so as to train middle level manpower that the nation needs in the maritime sector.
She said also that the Federal Government should ensure that there is 24 hours power supply at the port to guarantee greater efficiency at the port.
Making this known while delivery a lecture titled “Challenges of Modern Port in Nigeria” in Port Harcourt, organised by the NPA Port Harcourt, penultimate Saturday, Ukpong said that the port system is geared towards increase in exchange activities.
Ukpong, who is also a maritime lawyer explained that the relevance of any port is the rate of its cargo throughout, adding that the essence of the new order of landlord – tenant relationship at the port is to foster better relationship and better goods in the industry.
She said “One major challenge of modern port in Nigeria is the security. This was identified by the United States, and they urged the Federal Government to do something about it, which it has began through NIMASA”.
“The Federal Government should emulate the security system of the port of Singapore. They have up-to-date security gadgets on security and operate a 24-hours security service as well as perimeter fencing round the port”, Mrs Ukpong said.
The WISTA president, however, expressed hope that, given the efforts being made so far by the Federal Government, Nigerian ports will witness a greater output in years ahead.
Corlins Walter
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.
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