Business
Firms Train 20 Youth On Welding, Fabrication
Seven Energy, a leading
Nigerian gas company, has in partnership with Evomec Global Services, engineering, construction and oil and gas company, trained 20 youth in welding and fabrication at the Maritime Academy of Nigeria (MAN), Oron in Akwa Ibom State.
This was done as part of their corporate social responsibilities, in a bid to check the problem of unemployment in the country.
The youth were from Uruan, Oron, Okobo and Oruk Anam local government areas.
Speaking at the formal passing out and certificate award ceremony for the beneficiaries, Senior Manager, Seven Energy, Sir Lawrence Ighokpo, said the training was in line with targets set in the memorandum of understanding (MoU) signed between the company and its host communities.
He said beneficiaries were selected by the leaders of the affected communities, and urged them to use the knowledge acquired optimally.
Ighokpo expressed gratitude to the communities for their cooperation, and promised that the company would continue to partner with the state government to better the lives of the people.
Managing Director of Evomec Global Services, High Chief Peter Esievo, represented by Project Manager, Engr. Alfred Mrakpor, urged the beneficiaries to begin to pragmatically put their skills to use as professionals.
The Director, Maritime Academy of Nigeria (MAN) Consult, Dr Kelvin Okona, expressed gratitude to the management of Seven Energy and Evomec for giving the academy the opportunity to exercise its mandate.
Okona said training indigenous manpower on such technical areas would help reduce reliance on international experts, which would in turn, help conserve foreign exchange.
The State Commissioner for Environment and Mineral Resources, Dr Iniobong Essien, represented by Mrs Emem Ibokette, expressed gratitude to both firms for embarking on human capital development in the communities, adding that the investment would lead to more stable economic activities as those trained are likely to contribute their quota to the state’s development.
The Paramout Ruler of Oron, who was represented by the Clan Head of Idua, Edet Nyong Ekeng, thanked the companies for the giant step, and urged the beneficiaries to take utmost advantage of the opportunity.
Best graduate of the training scheme, Mr Ime Robin, who spoke on behalf of the others, urged youth to shun violence and embrace dialogue as a means of agitating for their needs.
Ima Utip, Uyo
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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