Business
Boat Collision Claims Three Lives In Rivers
At least, three persons
were feared dead on Tuesday following a boat collision along Ikpukulubie Creek, near New Road, Port Harcourt in Rivers State.
According to an eye-witness, the victims, two female and a male were among passengers in two commercial outboard engine boats bound for Nembe in Bayelsa State and Bonny in Rivers State before the unfortunate incident occurred.
The eye-witness simply gave the names of the victims as Austin Elija from Ondo State who was the driver of the Nembe –bound boat and member of the Nembe Boat Drivers Union, while the two ladies were Rose from Bayelsa State and the other person was from Andoni.
It was learnt that the boats were over loaded with goods which made it difficult to pick up speed as they were trying to look for a shallow river to enhance take-off.
The eye-witness said the boats were carrying about 32 passengers, while others who sustained injuries following the collision were receiving medical attention in hospitals in Port Harcourt.
Confirming the incident, the Beach Master, Bonny Marine Transport Association, Comrade Henry Jumbo, said it was unfortunate as lives were involved in the boat collision which was rare in the creek.
Jumbo however noted that the association always stressed the need for safety of lives and property, but regretted over the occurrence which took place at about.
Collins Barasimeye
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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