Business
Winners Emerge At Shell Safety Competition
The Shell Petroleum Development Company (SPDC), has successfully concluded the National Competition for Secondary Schools Students across the six geopolitical zones of the country.
According to the Corps Marshall at the Federal Roads Safety Commission, Boboye Oyeyemi, the competition that comprised 3000 schools was aimed at testing the participants’ safety knowledge and consciousness.
Oyeyemi who was represented by the Head of Special Marshalls, Federal Roads Safety Commission, (FRSC), Victor Nwokolo, believed the knowledge gained during the competition would be put to use to avoid future road accidents.
“Our concern to the FRSC is the continuous loss of lives and properties on Nigerian roads.
It is our sincere belief that the safety knowledge gained during the preparation for this competition will be put to use as we look forward to your cascading same to friends and family members.
“The is a sure way to saving lives and if you use the road properly and show others how to do same, we will crack the crash”, he said.
The Tide reports that Dr Michael Okpara University Demonstration Secondary School, came first with 60 points, while Con-cordia College, Yola, Adamawa State came 2nd after winning a tie with St Louis Secondary School, Kano, who came 3rd.
Overall winners of the competition spoke about the experiences from the competition and encouraged other students to work hard to achieve success.
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.
