Business
INTELS Begins Safety Week
As part of effort to sensitise workers on the need to maintain a safe work environment, Integrated Logistic Services (INTELS) is mobilising for a-2 day 2010 Health Safety Environment (HSE) campaign Week.
The event which begins today will feature a walk within the port and intensive campaign for the safety of work environment of the company.
The hint was contained in a statement signed by the company’s Public Relation Officer, Harcourt Kalio and made available to The Tide on Friday in Onne port.
According to him, the HSE campaign week is targeted at creating awareness among INTELS staffers on the need to be safety conscious and also to maintain a safe work environment, with a view to remaining healthy in a safe business environment.
He said that award would be given to the management of Intels for their support and encouragement towards boosting all safety related issues in the company, especially as it affects the safety activities of HSE department.
He added that some of the major companies doing business with Intels would also be presented with award for keeping in line with the company’s policy on safety.
It would be worthy to note that Intels is the major port concessionaire that has contributed to the growth of maritime Industry in Nigeria. The company since it entered into concession agreement with the Federal Governemnt, has developed Onne Port to the status of being the hub of oil and gas in the West African sub-region and has attracted about 150 companies investing in oil and gas in Onne Port.
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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