Business
Gas Flaring: Environmentalist Wants Use Of Turbines
An expert on
environment, Mr Monday Francis-Amona, has suggested the use of gas turbines to flare gas in the Niger Delta region.
Francis-Amona told newsmen on Thursday in Warri, that the development would ease the harmful effect of gas on the people, environment and the ecosystem.
The expert, who is also the Leader/Coordinator, All Communities affected by Shell Bonga Oil Spill in the Niger Delta, said that gas flaring could be of economic value when properly channeled, adding that the use of gas turbines could provide electricity to large communities where gas flaring occurred.
“The gas flared by the oil multinationals could be converted into electricity with the aid of gas turbines and serve the communities where the gas is flared. “Gas flaring can affect the health of the host communities, the soil, the atmosphere, the animals on the surface of the soil and the aquatics.
“Gas flaring is dangerous, he said and noted that the emission that comes out of it has a lot of effects in different ways.”
The environmentalist urged people living in places where gas is being flared, to always take safety precautions and do regular medical checks.
He also appealed to the Federal Government to enact a law that would end gas flaring in the country.
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.
Business
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