Business
Fatalities go unrecorded in mining industry – Experts
Many fatalities go unrecorded in the mining industry where many workers face deadly hazards underground and potential cover-ups by management and authorities if accidents occur, experts said on Monday.
The saga of 33 miners trapped in Chile since an August 5 cave-in in a tunnel 2,300 feet (700 meters) below the surface has exposed perilous labour conditions in a booming sector chasing strong prices for gold, coal and copper.
The men caught in the San Jose copper and gold mine, whom Chilean officials hope to start evacuating on Wednesday, have set a world record for the length of time workers have survived underground after a mining accident.
There are no reliable global statistics for deaths in one of the world’s most dangerous jobs, but a Geneva-based trade unions federation estimates there are 12,000 fatalities per year.
“These are only recorded ones that we are able to track,” said Dick Blin, spokesman of the International Federation of Chemical, Energy, Mine and General Workers’ Unions (ICEM).
“A lot of mining deaths aren’t recorded. It is really hard to put a number of it.
“In a lot of countries, management will go to the widows or family and give them money and make them sign statements not to talk about it.
“The problem is very prevalent in China,” he said.
Major mining accidents claiming dozens of lives each have occured this year in China, Colombia, Russia and West Virginia in the United States.
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.
