Business
Police Begin Safety Checks On Waterfronts In Rivers
As part of measures to stem the incessant boat accidents along waterways in Rivers State, the Police says they have commenced frequent safety checks on waterfronts across the state.
Spokesman of the Rivers State Police Command, Nnamdi Omoni who disclosed this said the move is to stop unprofessional conduct of marine operations and touting on waterfronts.
Omoni, a Deputy Superintendent of Police (DSP) also said the police would monitor the activities of boat operators in the state as well as checking boats and loading activities on waterfronts.
These measures , he explained were to ensure that safety measures are adhered to before embarking on water travels in the state.
“Before now we (Police) patrol the waterways intermittently to ensure that there were no cases of piracy, kidnapping and other criminal activities.
“Now that our attention has been drawn to this repeated cases of boat mishaps, we will shift our attention to boat drivers. They (boat drivers) need to be called to order.
“They are plying these waterways without abiding by the safety rules. Henceforth, we will deploy our men to monitor them strictly and ensure that they do what is right in the circumstance,” Omoni said.
The spokesman of the state command further said the police will enforce the compulsory use of life jackets by all those plying the waterways.
“Wearing of life vests will be compulsory and our men will be on the ground to ensure that passengers must wear the life vests.
“Boat drivers too will be compelled to obey safety rules by not over speeding, “Omoni stated; while calling on all stakeholders to assist the police in this regard.
“These accidents have been caused by systemic failures. So, all hands must be on deck.
“The government, individuals, private persons, traditional rulers, all have to come onboard to exert our influence on those that use the waterways to reduce these accidents,” he further said.
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.
