Business
Philanthropist Redeems Pledge To Boat Owners
A philanthropist and
frontline politician in Rivers State, Atamuno Ajubo Atamuno, has fulfilled his promise of donating 500 Life Jackets to the Speed Boat Owners Association of Okrika, in Okrika Local Government Area.
Speaking with newsmen after the presentation at Okrika at the weekend, Atamuno said the donation was his humble gesture to the association to help save lives of sea fearing passengers from Port Harcourt to Okrika, as life lost cannot be regained.
According to him,, with the Life Jackets, lives could be saved in case of emergency on the sea, and enjoined members of the association to ensure that all passengers put on life vest before they board a speedboat.
He reiterated that as Governorship aspirant under the platform of the Peoples Democratic party (PDP) in Rivers State, he would continue to give the people a sense of belonging and thanked all for their support.
In his speech, the Chairman of the occasion, Mr. Tekena Oba commended the donor for his gesture, describing it as a positive change to better the lives of passengers from Port Harcourt to Okrika, and called on others to emulate.
Oba said Okrika is on transformation agenda and would soon regain its past glory and enjoined the speed boat owners to make good use of the live jackets to save lives.
Earlier, the Chairman of the Speed Board Owners Association of Okrika, Chief Sunday Opeya, thanked the donor for marching words with action and coming to their aid when even companies and other individuals failed, saying the gesture is a great relief to the association, praying God to bless and guide him to carry out more philanthropic gestures.
Collins Barasimeye
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.
