Business
Shell Lists Dangers Of Gas Pipelines Encroachment
Shell Nigeria Gas,
(SNG) has alerted members of the public on the dangers of encroaching on the pathway of gas pipelines in a campaign targeting its business areas in Ogun, Rivers and Abia States.
The exercise has already been held in Ogun State, by SNG and its Right-of-Way campaign partner, the African Foundation for Environment and Development.
The team sensitised communities in Ijoko, Itoki, and Ota in Ado Odo-Ota Local Government Area on the dangers of vandalising pipelines, bush-burning, and construction of structures on and around gas pipelines.
“The campaign goes beyond our business interests”, said SNG Managing Director, Mr. Toyin Adenuga. “It is rather more about safety of lives and property. People who build on gas pipelines risk losing everything including their lives and things they have worked hard for. The campaign is to make them realise that the risk is not worth it”, he stated.
Adenuga said SNG would continue to engage the communities as partners to promote the company’s safety culture and respect for the environment.
The campaign, he said will be taken to Port Harcourt and Aba, where gas pipleline right-of-way surveillance contractors will dedicate one day to walk through SNG pipelines routes distributing flyers and other enlightenment materials.
SNG is a wholly Shell-owned gas distribution company which began operations in 1998. The company distributes gas to industrial consumes in Ogun, Rivers and Abia States.
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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.
