Business
Ayade Donates To Kerosene Explosion Victims
The Cross River State Governor, Prof. Ben Ayade, has directed the donation of medical consumables and drugs for the care of recent kerosene explosion victims at the University of Calabar Teaching Hospital UCTH, Calabar.
Making the presentation on behalf of the State Governor, the Commissioner for Health, Dr. Inyang Asibong, said the items are for the treatment of burns occasioned by the recent kerosene explosion experienced in Calabar.
Receiving the items on behalf of the Management of UCTH, the Head of Emergency Unit, Prof. Ikpeme Ikpeme, said they were gladdened that the state government has come to the aid of the victims and promised judicious use of the items for the medical care of the kerosene explosion victims.
On his part, the Head of Plastic Surgery Unit, UCTH, Dr. Otei Otei, while conducting Asibong and her Ministry of Petroleum Resources counterpart, Hon. Itaya Nyong Asuquo and their entourage around the emergency ward to see the victims, stated that prevention of occurrence is the best option in cases of kerosene explosion.
Otei further stated that the hospital received seventeen patients of kerosene explosion, with various degrees of burns in the last two weeks adding that one victim died, two children are in critical conditions while the conditions of others have stabilized.
Speaking separately after seeing the victims, Asibong said government is determined to get to the root cause of the matter and sources of the suspected adulterated kerosene while Hon. Asuquo said investigative task team will be set up to find out the process of conveying petroleum products to the State among other issues adding that the presence of the volatile product in the state might be caused by some miscreants and selfish individuals.
Friday Nwagbara, Calabar
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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