Business
Port Manager Wants Firms, Hosts To Interface
The Port Manager, Onne/Ikpokiri Port Complex, Rivers State and Chairman, Joint Free Zone Community Relations Initiative, Alhassan Ismaila Abubakar, has disclosed that the body is inaugurated to interface between the companies and the Community Liaison Officers (CLOs) on issues as well as to foster continuous peace and growth of the economic activities within the Port complex and their host communities.
Abubakar, made this known during a seminar organized by the body for CLOs and Stakeholders in Port Harcourt, Friday.
He said there was a long standing need to harmonize the appointments and activities of the CLOs and the host communities as to bring them under one umbrella, interact and interface with them to know their feelings in a bid to find solution for industrial peace and cordial business environment.
According to him, the host communities of the Port, which are Onne and Ikpokiri have realised the importance of peace, even with the economic recession, as it would not benefit anybody if companies were closed down due to insecurity or restiveness and enjoined them to maintain that spirit.
The Port manager also hinted that the body is to bridge communication gap between the companies, host communities and other stakeholders and foster relationship to enhance peace and growth of economic activities in the Port Complex and the Free Zone, adding that they are to intervene and settle industrial disputes between companies and host communities or even company against company.
Chairman of the body also noted that they are to work in synergy with security agencies to resolve security matters with companies carrying out community development as well as provision of infrastructures, community youth empowerment scheme, regulate and provide employment for the host communities and also provide skill acquisition training and scholarship for the youths.
Abubakar advised the CLOs to give quarterly report to their communities, companies and their body for update in their activities and relationship and also checkmate and access their performances and thanked all for their cooperation.
Collins Barasimeye
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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