Business
Ogoni Clean Up: HYPREP Set To Assess Firms
The Hydrocarbon Pollution Remediation Project (HYPREP), the body in-charge of implementation of the United Nations Environmental Programme (UNEP) report on Ogoniland has opened doors for companies that have the technological know-how to come and display their technology.
HYPREP has also began training of women on alternative sources of income and livelihood in Ogoniland as a way to empower them.
Project Coordinator of HYPREP, Dr Marvin Dekil, who disclosed this to aviation correspondents at the Port Harcourt International Airport, Omagwa, last Thursday, noted that remediation processes are highly scientific and require companies that have the technical know-how to handle the processes.
He said that about 12 companies have so far indicated interest to participate and showcase their technical know-how for HYPREP’s assessment.
According to him, doors are open to companies that think they have the technology to demonstrate such, adding that companies in this first instance are not yet contractors to HYPREP, and that they are to bear the cost of carrying out their demonstrations.
Dekil opined that every activity of these companies will be assessed according to international standards, pointing out that HYPREP wants to promote indigenous companies, but that they should have the technical know-how so as to create a blend or balance.
On preparation and empowering the people, he said that HYPREP had been restructured to be resilient, and that technical training was on going fro graduates and professionals in environmental studies.
“We have opened two sites, one in Kwawa in Khana LGA and the others in K-Dere in Gokana LGA. HYPREP’s office is here in Port Harcourt. The Federal Government has provided the gazzet where every role is being spelt out, and the process has began.
“We have started a water scheme which is an emergency. We are ensuring that the water project is up to international standard.
“These companies that will showcase their technology, will at the due time formally apply. We will advertise and those competent companies will apply, especially the indigenous ones that have the technology, and there should be a blend of the two,” he started.
Corlins Walter
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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