Business
NPA Restates Commitment To Safety At Ports
The Managing Director of Nigerian Ports Authority, Mallam Habib Abdullahi said in Lagos few days ago that the Authority was committed to safety within the nation’s Seaports.
He said his commitment informed the recent provision of fire equipment, sensitisation of Port community on safety and fire prevention, training and retraining of its fire service personnel in accordance with national legislation, international standard and best practices.
Abdullahi who spoke at the passing out parade for SQUAD 48 recruit firemen and women of the Authority after a six-month training at the Fire Service Central Training School in Tin-Can Island Port, said it was important to give priority to safety within an organisation.
The Managing Director who spoke through the Executive Director, Marine and Operations, David Omonibeke, an engineer, disclosed that the training school will soon be renovated and expanded for it to accommodate larger number of students from within and outside the Authority.
Apparently impressed by the knowledge and skills exhibited during their practical demonstration before guests on the occasion, Omonibeke commended the initiative of the Health, Safety and Environment division and all those who were connected in one way or another with the training of the recruits.
Earlier in a welcome address, the Chief Fire Officer of the Authority, Mr W.S Olayiwola revealed that the recruits have undergone a mandatory six months intensive basic fire fighting, prevention, control, rescue and squad drilling which he said was the hallmark of any Para-military organisation.
Highlight of the occasion was the presentation of awards to the Managing Director and the Executive Director, Marine and Operations for their support, as well as some recruits for their outstanding performance.
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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