Business
…Reiterates Seafarers Placement On Flag Vessels
The Nigerian Maritime
Administration and Safety Agency (NIMASA) has reiterated its commitment towards the placement of Nigerian Seafarers on both local and foreign flagged vessels by first ensuring that they are well trained and possessed valid and authentic certificates.
The Director General of NIMASA, Mr. Patrick Akpobolokemi made this remark during the celebration of Seafarers Day, held in Calabar, Cross River State, recently.
Akpobolokemi, who was represented by a Director, Mr. Chuks Mgbemena said the Agency had resolved to improve the working and living conditions of Seafarers by embarking on various capacity building and welfare programmes, which he said include the successful implementation of the Nigeria Seafarers Development Programme (NSDP).
“We need to re-assure Seafarers that we do care about you and would continue to protect and look after you and your need and at regulatory level. We are redoubling our efforts in creating a better safer and more secure maritime environment in which you operate”, he said.
According to him, “The ratification and entry into force of the Maritime Labour Convention (MLC) 2006, which was facilitated by the Agency is yet another bold step towards ensuring that the working and living conditions of our Seafarers are in tandem with International Standards”. He assured the unions and ship owners that they are determined to implement the provisions of the MLC 2006.
The Director General called for the collaboration of all Maritime stakeholders in its guest to provide a better working environment for the Nigerian Seafarers.
Akpobolokemi noted that the Agency has put in place necessary modalities for a recovening of the National Joint Industrial Council (NJIC) meeting to review their condition of service in line with the provisions of the MLC 2006 congress.
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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