Business
MOSOP Plans Template On Oil Production In Ogoni
The Movement for the Survival of Ogoni People (MOSOP), says it will soon set up a template for discussion around the issue of oil production in Ogoniland.
President of the movement, Mr. Legborsi Saro Pgagbara, who disclosed this at the 24th Ogoni Martyrs Day in Port Harcourt, recently said the resumption of oil production in Ogoniland must involve a broad based discussion with the people.
“Our points remain that any resumption of oil production in Ogoni must involve a broad based discussion with the Ogoni community taking into account that the oil industry and Ogoni had been in dispute and the issues surrounding this dispute have not been settled” he said.
The MOSOP president also stressed the need for the people to find a united platform that will protect their interest.
Also speaking the president of KAGOTE, Dr Peter Mede, said his organisation and MOSOP were working together to advance the common interest of the Ogonis.
Dr Mede also said KAGOTE was in support of the move by the Federal Government to conduct a forensic audit of the Niger Delta Development Commission (NDDC).
He said the 24th commemoration marked another milestone in the Ogoni struggle and used the occasion to pass a vote of confidence on the Lgborsi Suro Pgagbara led MOSOP.
The chairman of the occasion and former Vice Chancellor of the University of Port Harcourt, Professor Ben Naanen, said the Ogonis lost a whole generation to the struggle.
He, however, commended MOSOP for keeping the memories of Ogoni heroes alive.
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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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