Business
Eight Ships To Discharge Fuel At Lagos Ports
No fewer than eight ships are waiting to discharge petroleum products at the various oil terminals within the Lagos ports, the Nigerian Ports Authority (NPA), has said.
The Shipping Position, a daily publication of NPA, made available to newsmen in Lagos on Tuesday indicated that three of the eight ships would discharge petrol.
It said that three ships would discharge diesel and two would discharge aviation fuel.
According to the document, a ship is also waiting to discharge fresh fish.
It said that 82 ships carrying different cargoes would sail into the ports between March 5 and March 30.
NPA added that 10 of the ships would arrive with petroleum products, 14 would sail in with used and new vehicles while 38 others would arrive with containers.
The document said that other ships would sail in with semi trailer, general cargoes, bulk wheat, bulk fertiliser, fresh fish, rice, steel products, palm oil and base oil.
Reports say that 21 ships are currently discharging bulk wheat, rice, containers, steel products, fresh fish and petroleum products.
Business
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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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