Business
MAN’s PH Study Centre Starts Full Academic Session, Soon
Full scale academic ac
tivities would soon take place at the Maritime Academy of Nigeria (MAN), Oron, Port Harcourt Study Centre in Rivers State.
This hint was dropped by a member of the Governing Board of the Institute, Hon Rueben Aggo in a telephone chat with The Tide correspondent in Port Harcourt on Wednesday.
Aggo disclosed that logistics and epileptic funding were the reasons behind the delay in normal academic session since the inauguration of the centre in Port Harcourt.
He said the academic programmes and schemes outlined by the Institute were second to none, as plans are being made to partner ship owners in Nigeria to allow the students have some practical training on board their ships.
According to him, the Institute offers studies in virtually all areas in maritime activities stressing that their graduates after acquiring the experience, had employment opportunities, in this lucratic business even with foreign vessels.
“Our students are the real mariners as our certificates are acceptable throughout the world in maritime sector”, the board member opined.
Aggo further said that the Federal Government should ensure that adequate fund was made available to the institute because, “It is one area that would add value to Nigerian’s participation in the activities of seafearing, freighting and other maritime activities that could help improve the academic prowers of Nigerians as well as create lucrative marine employment to the teeming unemployed youths of the country. He however, noted that despite the delay in normal classes at the Port Harcourt Study Centre of MAN, staff employed are still working while some students admitted were sent to Oron main centre for their studies. The board member hinted that inorder to ensure the full scale take-off of academic studies at the Port Harcourt Centre, some top management staff of the academy were expected in the state on facility tour next week to have a first hand knowledge on the readiness of the school.
It would be recalled that the institute in Port Harcourt was commissioned on April 4, 2014.
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.
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