Business
Youth Leader Hails Totalfina EIf

Vice President Namadi Sambo (left), receiving a souvenir from the Secretary-General, Ministry of Agriculture and Agro-Based Industry, Malaysia, Mohammed Abdullahi, during a courtesy call on the Vice President by ministers of agriculture of D-8 countries in Abuja last Friday. With them are, Minister of Agriculture, Dr Akinwunmi Adesina (right) and Deputy Chief of Staff to Vice President , Alhaji Abubakar Kachalla recently.
A youth leader, Mr Raphael Eke from Erema in the Ogba/Egbema/Ndoni local government area of Rivers State, has hailed the efforts of Totalfina Elf in the development of the area.
Mr Eke, who spoke to our correspondent recently at a public function in Itu-Ogba, described the company as a good one that fulfils its community development obligations.
“Totalfina Elf is a very good company which relates well with the communities.
“They are trying and they make people know that there is oil and wealth in the area and we enjoy them”, he said.
He said due to the company’s capacity in carrying the people along positively, the incidents of friction and mistrust between the youths and elders was minimal.
“In terms of dissenting voices in the area of equitable distribution of amenities and empowerment, the relationship between the youths and elders has been cordial”, he said.
He added that sometimes, there was bound to be disagreement between the youths and the elders, but due to the free hand Totalfina Elf gives to every body, there has been no room for escalation of such misunderstandings.
He further explained that all contractors from the community were given adequate attention as at when due.
“As a contractor, if you go to the company they will give you job. And we have what they call community assistance jobs”, he said.
On the challenges facing the community and the company, Mr Eke said it was purely developmental.
He said the company gives the community the opportunity to make proposals for suitable projects to be put up by the company.
He said in such events, the people sit together and decide on the best one and the company does not hesitate to award contracts for such projects.
“As soon as the community comes up with what they want, the company approves without delay and the contractor goes to work for that specific project” he said.
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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