Business
Piracy: Stakeholders Canvass Rivers Coast Guard
As a suggestion towards ending the series of insecurity on the water ways, some stakeholders have called for the establishment of the Rivers State Coast Guard.
This was part of the issues discussed at a security seminar organised by the Coastal Awareness Initiative in Port Harcourt.
The stakeholders also called for collaboration between the various security agencies to check the increase of crime along the nation’s water ways.
Declaring the event open, the overall Commander of the organisation, Captain Chukwuemeka Ndubuisi said the seminar was to sensitise the people on the importance of safety along the nation, water ways.
Ndubuisi said the event was also aimed at promoting healthy and sustainable environment in the Nigerian territorial waters.
Also speaking, the former Councillor of Ward four, Port Harcourt City Local Government Area, Mrs Blessing Okowu stressed the need for the establishment of the Rivers State Coast Guard.
Okowu said the proposal would boost the state economy and create employment for Rivers youths.
In his contribution, the representative of the Nigerian Navy, Emiola said the Navy would improve its synergya with sister security agencies to improve security on the water ways.
Emiola said the issue of security should not be left alone to one agency.
The representative of old G R A Police Station, Mrs Edit Udeze said the police would work with all agencies to improve security in the state, adding that police need information to track down criminals.
Earlier, Commander of Rivers State Coast Guard, Captain Amari Godwin said the group is ready to go to communities to sensitise them on the importance of safety along the water ways.
By: John Bibor
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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