Business
Monarch Hails Boat Owners On Passengers’ Safety
The Amanyanabo of Ogu Kingdom, in Rivers State, His Majesty, King Nichola Dickson Ibiebele Nimenibo, has commended the executive and members of the speed Boat Owners Association of Okrika, for giving priority to the safety and comfort of their passengers.
Nimenibo, made the commendation when the members paid him a solidarity visit in his palace at Ogu in Ogu/Bolo Local Government Area, Saturday.
The monarch said that he is very proud to be a member of the association, especially with the level of achievements and display of maturity by the members, describing them as great and distinguished members, and enjoined them to keep up the spirit.
He also expressed delight with the building of a magnificent edifice at ATC Okrika for the comfort of the passengers and the masses, and lauded the leadership qualities and vision of the Exco which he said is worthy of emulation.
Nimenibo assured that as a first class traditional ruler, he would always project the well-being and development of Wakirike ethnic nationality, and reiterated his call for the unity, love and co-operation of all sons and daughters to move the nation to its former enviable height.
The royal father thanked the members for the visit and assured that, he would continue to partner with them at all times as a bonafide member for the interest of the masses.
Earlier, chairman of the Association, Chief Sunday Opeya, had thanked Governor Nyesom Wike for recognizing and elevating the stool of their members to a first class status, adding that they are very grateful, and advised the Amanyanabo not to see his stool as only for Ogu Kingdom but for the entire Wakirike nation.
Opeya prayed God to continue to give the King wisdom, knowledge and good health to rule the people and expressed optimism that his reign would bring more development, peace and unity to the people of Ogu kingdom and Wakirike nation in general.
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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