Business
JTF Raids Militants’ Camps, Rescues 19 Kidnap Victims
In a major onslaught against criminal elements in Rivers State, the Joint Military Taskforce (JTF) last Wednesday swooped on militants camps and rescued 19 kidnapped victims with oil companies in the Niger Delta region.
The rescued victims who were abducted from different locations in the region include four Shell Petroleum Development Company (SPDC) staff, eight Exxon-Mobil staff and 7 foreign nationals working with Petroleum Pipeline Installation Company, the foreign nationals include two Americans, two Indonesians and one Canadian.
The Police Public Relations Officer, Mr Akin Fakorede who briefed newsmen on the outcome of the raid said the victims were rescued in the militants camps in the creeks around the New Calabar River through a sea and air raid by the security operatives.
He said those earlier taken hostage from ExxonMobil oil in Akwa Ibom State and PPI, were among the rescued victims, and noting that the victims were presently secured at the Nigerian Airform Base, Port Harcourt, but would soon be released to their families.
The PPRO said that the operation by security agencies to root out all criminal elements in the region was a continuous exercise, adding that the police and other security operatives would vigorously pursue their objectives of creating a secure and peaceful environment with unrelenting commitment.
He assured members of the public of their safety and protection throughout the Yuletide season.
Mr Fakorede appealed to members of the public to always assist security operatives with accurate and timely information that would enable them get rid of all criminal activities in the state.
Earlier last Sunday, men of the JTF had arrested one Thankgod Deezia and four others suspected to be perpetrating kidnapping incidents in the Gokana Local Government area of the state.
The arrest was made possible when the Joint Military Taskforce and Anti-Kidnapping raided the kidnappers’ camps at Deken community in Gokana Local Government Area at about 2.00pm.
The Rivers State Public Relations Officer, Mr Akin Fakorede who confirmed the story said the suspects who are from Beeri Community in Khana Local Government area were said to have been involved in the kidnap of a 55 year-old woman in July this year at her residence at Nyo Kuru in Khana Local Government Area.
The PPRO said the suspects who were arrested in their hideout at Deken community in Gokana confessed to have been involved in several other kidnap cases in the state.
He told newsmen that the arrested hoodlums were being interrogated by police detectives.
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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