Business
Group Blames Ogoni Killings On Oil Politics
A group under the aegis of Ogoni Youth Federation (OYF), has stated that the growing spate of violence, killings and proliferation of arms in Ogoni is responsible for the oil politics targeted at derailing the successful implementation of the United Nations Environment Programme (UNEP) report in the area.
The group also alleged plot by the Federal Government to commence oil exploration activities in Ogoni through the Nigeria Petroleum Development Company (NPDC), a subsidiary of the Nigeria National Petroleum Corporation (NNPC), in a communiqué signed by the National Coordinator of the body, Comrade Yamaabana Legborsi and the General Secretary, Comrade Nule Bie, alerted that the NPDC has held several clandestine meetings with selected Ogonis in Port Harcourt, “to perfect their divide-and-rule strategy and plung Ogoni land into crisis”.
The group, however, vowed to resist any attempt by Shell Petroleum Development Company (SPDC), or any other company to commence oil exploration activities in Ogoni without due consultation and addressing the demands of Ogoni people.
The statement, in part, stated that, “we the Ogoni Youth Federation have observed with dismay attempt by the Nigeria Petroleum Development Company NPDC, a subsidiary of the Nigeria National Petroleum Coopration (NNPC) to re-introduce oil production in Ogoni. This attempt is contemptuous and insultive to the sensibilities of Ogonis, who are still suffering from decades of oil pollution and development neglect from the same culprit. We call on all Ogonis to resist being used to perpetrate evil against Ogonis.
The body further urged the Federal Government to look beyond the “euphoria of fulfilling electoral promise and mere verbal commitments and take concrete steps or actions to implement the UNEP report, as well as respond to the imperatives of justice, by ensuring that Shell is prosecuted for the crime of ecocide committed against Ogoni”.
The group also gave a 14 days ultimatum to Shell to provide alternative drinking water to Ogoni communities whose water sources have been contaminated with benzene and hydrocarbon.
The body pointed out that it would be left with no option than to mobilise its rank and file to Shell Residential Area in Port Harcourt, to protest against the contamination of Ogoni drinking water.
Taneh Beemene
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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