Business
Hair Dresser Alerts On Adulterated Kerosene In PH
A middle-aged woman re
siding in the Diobu area of Port Harcourt has sounded the alarm warning people to beware of increasing circulation of adulterated kerosene in the Rivers State capital.
“Speaking to The Tide correspondent, she said “I want to use this opportunity to draw the attention of the relevant authorities and the general public that adulterated kerosene dealers are at it again in Port Harcourt, something should be done urgently now”.
The woman, a hair dresser last week narrowly escaped death as she was lighting her stove, unsuspecting that the kerosene she bought was adulterated.
Narrating her ordeal to The Tide at her Okwuzu Street residence, the lady, who did not want her name printed, said she had bought the substance at the railway axis of the Mile 1 market to prepare supper for her family on that fateful day at about 7.00pm.
According to the lady, as she lighted the stove after pouring in the kerosene, there was a sudden explosion with loud noise that bursted into flames . The kitchen she said, is attached to her family’s one-bedroom flat apartment.
She explained that as soon as the explosion occurred, God pushed her away from the stove and in shock could not know immediately what to do than to raise alarm for help, saying”, But for the quick intervention of her husband who was in the sitting room and co-tenants, the fire would have escalated to other parts of our apartment”.
The lady whose family relocated to their new abode barely three months ago, told The Tide that even though the fire consumed just a little of her kitchen utensil, that was not important, but she gave God the glory and thanks for preventing what would have turned a big disaster and saved her life.
She called on the general public to watch out for the monster called adulterated kerosene as she had twice experienced similar explosions under two months, though not as serious as the last one and urged the relevant authorities to look into the matter in order to avoid more occurrence.
The Tide investigations revealed that there are several cases of burns caused by adulterated kerosene explosions in various hospitals in Port Harcourt.
When The Tide correspondent visited the zonal office of the Department of Petroleum Resources (DPR) at Moscow Road for confirmation, the zonal managers was not on seat.
Shedie Okpara
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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