Business
Okrika Speed Boat Owners Send SOS To RSG
The Okrika Speedboat Owners Association has called on the Rivers State Government and other relevant agencies to help clean the waterways of hard objects and cellophane bags to ensure human safety and easy navigation.
Chairman of the Association, Chief Sunday Opeya made the appeal in a chat with our correspondent in his office at Okrika in Okrika Local Government Area.
Opeya, while reacting to the recent boat misharp along Okrika-Abuloma axis that led to the death of two children, said the incident could have been avoided if the engine did not have contact with an object in the water
He noted with regret over the loss of life, but also frowned at the indiscriminate packing of borges and tug-boats, as well as the spate of abandoned dredging pipes which also constitute great danger to marine activities.
The Association’s chairman, on behalf of his members, expressed sympathy with the family of the deceased and thanked them for their understanding and maturity which made the burial of the children hitch-free.
Opeya, who lamented recent boat accidents in the area, hinted that on June 22, 2018 a passenger boat with 22 passengers on board hit an abandoned dredging pipe along Abuloma axis. It took the help of the Navy to rescue all passengers alive.
According to him, similar incident occurred the following week at Abobie, in Abuloma axis .
Meanwhile, he said several attempts have been made for the clearance of abandoned dredging pipes and other objects with no positive result.
“We have hired some divers to remove some of the abandoned dredging pipes but we still appeal to the government and other relevant authorities to come to our aid to make life safer for us and our passengers.”
Collins Barasimeye
Business
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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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