Business
Total Delivers 500KVA Transformer To Community
The management of Total Exploration and Production Company Limited has delivered a 500KVA transformer to the people of Umuebulu in Etche Local Government Area of Rivers State with a charge to the people to protect the facility from vandals and thieves.
The Project General Manager of the company, Mr. Kayode Akiode, who gave the charge last Friday at Umuebulu Town hall, venue of the event said it was part of the firm’s corporate social responsibility.
Akiode who was represented at the event by the Manager, Community Affairs Services, Mr. Okechukwu Obara, said the project that was being commissioned was in respect of Nordem Option Pipeline, (NOPL), linking Rumuji in Rivers State to Alaoji in Abia State.
He noted that Umuebulu Committee in Etche Cluster 4 of NOPL project was the first to be completed and commissioned by Total in joint venture with the Nigerian National Petroleum Corporation (NNPC), representative of the federal Government.
He restated the commitment of Total towards ensuring implementation of its corporate social responsibility.
“The project is a continuation of Total’s community-friendly attiude. The project is as a result of the gas pipeline passing through your community from Rumuji to Alaoji”, he said and advised the community to protect the facility so as to achieve the ultimate aim for which it was installed.
Responding, the Community Development Committee Chairman of Umuebulu, Comrade Victor Okere, lauded the company for the actualisation of the project.
He said for over one year the community had been in darkness because the former project in the area was bad and promised that adequate protection would be given to the transformer by his people.
The Tide reports that the community people hailed the commissioning as it marked the return of electricity supply to them.
Umuebulu Committee in Etche Cluster 4 initiated the project with Total as a matter of priority need to the people and the gas pipeline project was being handled by Nigeria Gas Company (NGC), a subsidiary of NNPC.
Chris Oluoh
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
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics4 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business4 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports4 days agoJ And T Dynasty Set To Move Players To Europe
-
Business4 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics4 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Politics4 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business4 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment4 days agoAdekunle Gold, Simi Welcome Twin Babies

