Business
Pirates Attack Container Ship Off Bayelsa
A group of armed men have attacked a container ship suspected to belong to the Mediterranean Shipping Company (MSC) while it was underway, some 19 nautical miles South West of Bayelsa.
The International Maritime Bureau (IMB) Piracy Reporting Centre said that around 15 armed persons chased the vessel in a speed boat before opening fire upon the ship.
The crew raised the alarm and the non-essential crew took shelter in the ship’s citadel.
“The vessel increased speed and the armed naval guard onboard returned fire, resulting in the skiff aborting the attack and moving away,” the piracy reporting centre added.
IMB did not reveal the name of the ship. However, AIS data points to MSC Grace being the targeted ship. MSC is yet to confirm the attack.
Both the vessel and its crew are reported to be safe.
In a related development, Pirates have released eight crew members kidnapped from the Greek tanker Happy Lady back in December as the vessel was anchored off the port of Limboh in Cameroon, on the Gulf of Guinea.
The eight sailors, including the ship’s 45-year-old captain, were released following successful conclusions negotiations with the kidnappers, the Greek shipping ministry said in a statement.
The Happy Lady came under attack on December 28 as the ship was anchored approximately 2 miles offshore. Eight of the ship’s 28 crew members were abducted, comprising five Greek nationals, two Filipinos and one Ukrainian. Another Greek crew member was injured in the attack.
The release comes shortly after pirates released nineteen crew members kidnapped from the tanker MT DUKE which attacked while underway in Gulf of Guinea last month. Unfortunately, one crew member who was also abducted has died from an illness.
The IMB Piracy Reporting Centre has reported an unprecedented, rise in the number of crew kidnappings in 2019 in the Gulf of Guinea region, with the number of kidnapped increasing more than 50 percent year-over-year to 121 reported kidnappings.
The figure represents 90 percent of crew kidnappings globabally in 2019. The region also accounted for 64 total incidents, including all four vessel hijackings that occurred in 2019, as well as 10 out of 11 vessels that reported coming under fire.
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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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