Business
NIS Tragedy: PENGASSAN Seeks Consultant’s Arrest, CG’s Sack
The Petroleum and Natural Gas Senior Staff Association of Nigeria has called for the immediate arrest and prosecution of the consultant that handled last Saturday’s recruitment exercise that led to the death of about 21 applicants in Abuja and across the nation for jettisoning recruitment procedures as laid down in the civil service rules.
PENGASSAN, which is a trade union of all senior staff in the oil and gas industry, also asked the Federal Government to, without delay, sack the Comptroller-General of the Nigerian Immigration Service, David Parradang, and other senior officers of the paramilitary agency, who were involved in the exercise.
In a statement issued by the union, the PENGASSAN President, Comrade Babatunde Ogun, who condemned the recruitment procedure that led to the death of the applicants, demanded that the Minister of Interior, Abba Moro, should also step aside pending the end of a probe to be instituted by the government to determine the culpability of the minister and its officers in the fatal recruitment exercise.
Ogun criticised the collection of the N1,000 application fee from each of the applicants, adding that this fuelled the abandonment of civil service recruitment procedures by the consultant.
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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