Business
Unemployed Graduates Protest To Shell
Security was beefed up at Shell facilities at the Industrial Area, Port Harcourt yesterday following a protest by a group of unemployed graduates of Niger Delta.
The protesters who carried several placards told newsmen that their decision to protest to the company followed its lopsided employment policy.
Some of the placards carried by the protesting youths include, “support local content policy,” “Shell we are employable: Give us jobs today,” Shell stop man know man employment,” “create jobs create development”, amongst others.
The president of Unemployed Graduates Association of Niger Delta, Mene Dum Fubara said that the protest will be taken round all the major oil and gas companies in the state.
Fubara said that the association decided to start with Shell as it is the first major oil company that started its operation in the Niger Delta.
He said that, the association had directed all its members to come with their curriculum vitae which would be handed over to the management of SPDC.
Also speaking, the Association Director of Information and Publicity, Mr Onuekwa Nkesa said that it is either SPDC employs their members or empowers them, stressing that it is when the company has agreed to these, that the protest will be stopped.
He, however, said that, the management of SPDC has arranged for a meeting next Wednesday to look into its grievances.
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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