Business
Anti-Corrosive Patent Right: Court Declares Command Clem Owner
The Federal Court of appeal sitting in Calabar, the Cross River State capital has declared the Comand Clem Nigeria Limited (CCNL) the owner of patent OF Anti-Comosive Chemical Invention. The appeal court, after several hearing on the patent right and the circumstances surrounding the invention which led to a legal battle between Mobil Producing Unlimited versus Comand Clem, declared that CCNL is the true owner of the patent. Delivering the Judgement in Calabar, the presiding Judge, Justice D. Akas said that CCNL is the owner of patent right, and has the legal right to demand for compensation from the infringing companies. By this Judgement, the issue of ownership of the patience right has been laid to rest, and this has been the bone of contention between Mobil and Comandclem for over nine years of continuous legal battle. Mobil had alleged that Dr. Clement Uwemedimo was their employee before he was commissioned to carry out the research, but could not show evidence to such claim of employment. Reacting to judgment the Comanclem Management opined that the judgment has justified the respect for the rule of land pointing out that non of the infringing companies will escape, and that they know such infringing companies for which Mobil is number one. Speaking to the press on the latest development, the Rivers State coordinator of Comandclem, Pastor Silas Manasseh said that the matter of Ownership of patent is similar to that of ownership of land, pointing out that the owner of the Land also owns the property on the land. Pastor Silas said that since the victory has come to this stage, that every other benefits that is accruing to the right of patentees will be vigoroughly pursued for the benefits of the patentees. He assured that the director of Commandclem, Dr. Clement Uwemedimo and all coordinators in the organisation will ensure that patentees of Comandclem invention get the benefits and reward for their efforts as soon as possible.
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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