Business
Boat Operators Want Marine Police, Navy On Bonny Route
Bonny Marine Transporters Association (BMTA) has called on the marine police and Navy to deploy their officers to Bonny waterways to curb pirate attacks on boat drivers and their passengers.
This is coming as a passenger boat was attacked by pirates last week, along the route with passengers dispossessed of their valuables.
Safety officer and member of BMTA, Mr Donatus Kingsley, told The Tide that most drivers and passengers are scared of plying Bonny route due to pirates activities.
He noted that in a space of two months, July and August 2018, five separate attacks had taken place along Bonny waterways.
The safety officer who called on the police and Navy to intensify security patrol along the routes, said the lives of boat operators and passengers at the route are in danger.
He called for a routine water patrol by the marine police and Nigerian Navy to reduce the activities of pirates on sea travellers.
Donatus also called on the security agents to beef up security at the water routes ahead of 2019 general election to enable eligible voters to travel and exercise their franchise.
The safety officer appealed to companies and residents of waterfronts in Port Harcourt to desist from dumping their wastes into the river as such causes pollution.
He blamed most of the marine accident in the state to dumping of both industrial and in organic wastes into the river, even as he said such wastes were responsible for skin diseases and destruction of acquatic life.
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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