Business
ONELGA Community Berates Agip Over Neglect
Residents of Agbida Town in Omoku, Ogba/Egbema/Ndoni Local Government have raised alarm over the neglect they suffer from oil companies, especially the Italian oil and gas giant, Nigerian Agip Oil Company of Nigeria (NAOC).
The alarm was made by the Traditional Ruler of the community, EzeEbere Osiah, during an interactive session in his palace with heads of security agencies in the area.
Osiah noted that since the inception of Agip operation in the area, the firm has not impacted positively on the community.
It is against this backdrop, he explained, that the meeting had become imperative to avert future crisis.
So far, he stated that Agip has failed to enter into any memorandum of understanding (MoU) with Agbida community, while calling on the Rivers State Government to wade into the matter.
He wondered what the community had done to Agip despite hosting gas and oil pipelines for decades, explaining that the area suffers from gas flaring as well.
The traditional ruler noted that Agbida was peace loving, and assured that the people would not engage in violence, but insisted that the right thing must be done.
He argued that Agbida supersedes 11 communities of Uju, Egbada, Obrikom, Ubie, Okpurukpauli, Okansu, Obigwe, Idu, Obagi and Obite.
The Chairman of Chiefs’ Council of the community, Chief Innocent EzeAhia, and Community Development Committee Chairman, Chief Monday Okoro also added their voice as they accused Agip of instigating division in the community.
They claimed that as a result of gas flaring, many indigenes have started developing sight problems and other ailments.
The chiefs’ council urged the security agencies to help convey their grievances and requests to the oil firm, stressing that insecurity could only be tackled, if their youths were employed.
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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