Business
NEMA Cautions Boat Operators On Loading
The National Emergency
Management Authority (NEMA) has urged boat operators and fun seekers on the national Inland waterways not to overload their vessels during the festive season.
The South-West Zonal Coordinator of the agency,Mr Bamidele Onimode gave the warning in Lagos in an interview with the newsmen.
According to him, mishaps on waterways are products of what the operators and passengers do or what they fail to do.
“Our inland waterways are nationwide and we are into collaboration with private boat owners to ensure maximum safety during these festive seasons and beyond.
“We are at the forefront of campaign against all dangerous activities on the waterways capable of causing mishaps.
“We want to urge boat operators during this period to avoid excesses, overloading and speeding, to ensure safety,’’ Onimode said.
He also said that the agency had been collaborating with the Board of the National Inland Waterways Authority to enhance safety on inland waterways at all times.
The NEMA boss added that the agency was doing well in cushioning the effects of the activities of insurgents in some parts of the country.
“There is always a room for improvement and it is good that we progress in our response to the unfortunate insurgency in the North-East.
“As an agency, we will go back to our drawing board to see where we have identified gaps and brace up the idea on how to improve upon it. “As the Internally Displace Persons get more in number, we are to get stronger to respond to their needs,’’ he said.
Onimode also said that NEMA had collaborated with the Nigeria Security and Civil Defence Corps, the Federal Road Safety Commission and the Nigeria Police, among others, to realise its mandates.
According to him, the agency is also collaborating with the public and commuters, expressing optimism that such synergy would help the nation to achieve hitch-free New Year.
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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