Business
NIMASA Embarks On Seafarers’ Training
The Nigerian Martime Administration and Safety Agency (NIMASA) has embarked on the training of professional seafarers, as part of efforts to raise the required qualified indigenous manpower in the maritime industry, in line with the policies of the Federal Government.
The Tide has gathered that NIMASA has taken further steps in this respect to sensitise states across the country to mobilise their indigenes, especially those within the coastal states to take part in the training exercise.
Reliable sources from the NIMASA zonal office in Port Harcourt told The Tide that the agency is poised to train these seafarers oversees in marine engineering and nautical science, pointing out that most of the workers in the Martime Industry who claim to be professional seafarers do not possess the qualifications for seafaring and that such have deprived them of jobs which require professionals.
The source also disclosed that the essence of the recent Cabotage Act of the federal government was to give indigenous maritime workers and operators the opportunity to take over work done by their foreign counterparts.
He said that the Nigerian Maritime activities was highly dominated by foreigners which had caused indigenes to be relegated to the background, but that the Cabotage policy is making a difference.
According to the source “most of the maritime workers who claimed to be professionals are actually not professionals. We have had cause to examine some of them to see if they possess the minimal qualification for seafaring which mostly ended in negative.”
“We have some times not allowed some of these workers to take up the professional jobs, and they complain that we allow foreigners to do their job whereas regulation has spelt out who a seafarer should be. Some of them are taking the challenge to get the required qualification, he added.
Corlins Walter
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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