Business
Boat Drivers Want Rebuilding Of Abonnema Wharf Jetty
The Boat Drivers Association, Abonnema Wharf Branch has called on the Rivers State government to rebuild the Abonnema Wharf Jetty to modern standard to ease water transportation.
The Association which described the Jetty as an eye sore appealed to the state government to urgently embark on the rebuilding of the jetty to give it a face lift in the state.
The chairman Ke-Boat Drivers Association, Abonnema, Mr Tiriya Aboko disclosed this to The Tide yesterday during an interview on the way forward for the state.
He noted that, the quick intervention of government on the Jetty will improve water transportation in the state and yield more revenue.
Tiriya who lamented the poor sanitary condition of the Abonnema Jetty said, proper sanitation of the Jetty will attract both local and foreign investors to the Jetty.
Describing the Abonnema Jetty as one of the oldest in the state, the association boss said that lack of modern facilities in the Jetty to ease transportation and track down pirates on the waterways would among other things hinder development of the sector.
On safety, the chairman said, boat operators ensure that all passengers adhere strictly to the safety rules and regulations before boarding the boat.
He appealed to the Nigerian Navy and Marine Police to assist and provide safety to water transporters by patrolling the channels and creeks to check sea robbers.
Chinedu Wosu
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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