Business
NPA Boss Tasks Port Workers On Improved Services …As Port Manager, Others Bag Awards
The Managing Director, Nigerian Ports Authority, (NPA), Hadiza Usman has called on port workers not to relent in their efforts to improve services in the authority.
She made the call while presenting the 2017 Long Service Merit Award to the Manager of Rivers Port, Alhaji Abubakar Umar and others in Lagos, recently.
Usman said that the awards were for accountability, prudence and transparency.
According to her, there was no better way to appreciate workers who are committed to duties than to openly reward them.
The NPA boss maintained that the authority would continue to encourage its staff in order to spur them to greater action.
She further explained that the commission was determined to enthrone ease of doing business so that both workers and port users would transact business with less stress as it applied to the international community.
The Tide learnt that the awardee, Alhaji Umar, has initiated some programmes in Rivers Port in consonance with the agency’s policies.
Some workers in Port Harcourt, The Tide gathered, expressed satisfaction over the honour done their boss, describing it as a step in the right direction.
Though they were not emphatic about any issue, but said that since Umar became the Rivers Port head, some challenges relating to port operations had been overcome.
In his response, the elated Rivers Port boss, promised to do his best to ensure that activities of the Port improved for the best.
Meanwhile, he has appreciated the management of NPA for the honour done him and others and added that it was a huge source of encouragement.
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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