Business
Institute Seeks Government Support For Private Maritime Schools
A privately-owned
maritime institution, Emdee Shipping and Maritime College, has advocated for government support in the area of funding, saying that finance remains a major problem to private academies in the industry.
The Rector of the school, Ogbuefi Anaele, made the plea at the school’s matriculation ceremony which took place in Lagos recently.
Anaele appealed with the government to provide subventions, loans and grants to empower privately owned institutions in order to reduce the burden of fees payable by parents and guardians of the students, stressing that such support would bring down the school fees.
“I wish that education were free at all levels so that even those battling with financial limitations can have good education especially of the kind you are opportune to received”, he said.
“I have a dream that one day, God will answer our prayers in this regard but until then, we must continue to manage our meagre resources while providing quality training for our youths and for the entire maritime workforce.” Anaele said.
The rector urged parents to support the school in the upbringing of the students, adding that when a child derails due to negative influence, it may also lead him/her to derail in their academic pursuit.
He said that as a private maritime institution, there are some core values that it cherishes, adding that those attributes are meant to achieve the school’s vision and mission for it to become a force to reckon with.
The rector listed amongst the core values, honesty, integrity, truthfulness, discipline and a high level of morality.
He noted that Emdee Shipping and Maritime College is a school with a difference. It is an institution for the formation of aspersing maritime transport professionals fired with zeal to make a visible difference in the entire spectrum of the business in shipping.
Anaele reiterated the institution’s determination to provide national and international focus and forum for networking on critical issues based on maritime transport development worldwide.
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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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