Business
CDC Chairman Wants Oil Firms To End Gas Flaring
The Chairman, Community Development Committee (CDC) of Ogbele, in the Ahoada East Local Government Area of Rivers State, Mr. Jerry Okpara has called, on multi-national oil companies in the Niger Delta region to stop gas flaring.
Okpara who spoke to our correspondent in an exclusive interview recently urged companies operating in the country to seek alternatives to gas flaring in order to check the incessant health hazards caused by their operations to the people.
Okpara particularly called on the Niger Delta Petroleum Resources, an oil drilling company located in the Community to step up its community development service to the people.
He decried the absence of essential amenities in Ogbele community despite the number of years that the company has operated in the area.
The CDC boss said it would not be too much for the company to provide, electricity and transformers, portable drinking water, motorable roads and a comprehensive health centre amongst others to the community.
He said this would give the people sense of belonging which would cushion the effect of the health hazards occasioned by the economic activity of the company.
The Chairman also called on the Rivers State government to build a secondary school in ogbele Community.
According to him, students from the Community are made to trek long distances everyday to attend schools in distant locations thereby exposing them disadvantaged in that area.
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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