Business
Rivers Lawmaker Wants Data On Boat Operators
Following the recent boat mishap that claimed the lives of seven travelers on the Bonny-Port Harcourt marine transport route, the lawmaker representing Bonny Constituency, in the Rivers State House of Assembly (RSHA), Abinye Pepple has called for the collation of data of all boat operators along the Bonny water way.
Pepple who made this call at a meeting of the boat operators and the Nigerian Maritime Administration and Safety Agency (NIMASA) which held at the Assembly complex in Port Harcourt said the move was necessary to ensure the safety and security of lives and properties of the people.
The lawmaker said the call for the database was to ensure easy identification of boat operators plying the Bonny – Port Harcourt water ways and to avert preventable accidents such as the one which claimed seven lives recently.
He expressed his condolences to the bereaved families and prayed God to grant them the fortitude to bear the irreparable loss.
Pepple used the opportunity to call for installation of a metrological radar at the Bonny Port Harcourt jetties to enable boat operators ascertain the periods when travelling conditions are safe.
According to him, “we will ensure that “we introduce a metrological forecast weather radar at the jetty, which is important in the determination of the weather, to ascertain when the weather is clear for boat operators to travel.”
Furthermore, he said, “safety measures would be taken with full sense of commitment and responsibility.
Tonye Nria-Dappa
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.
