Business
Ogoni Leader Decries State Of East-West Road
The leader of Gbokabari Ogoni, the apex forum of prominent elders of the Ogoni, Chief Monday Agboar, has decried the state of the East-West Road, saying the road is being neglected by the Federal Government.
He particularly expressed sadness over the poor state of the Port Harcourt Refinery axis that links both the fertilizer company and the Onne Port.
Agboar, during an interaction with journalists, said that the continuous neglect of the road which leads to institutions that generate much revenue to the government was provocative.
“In my own investigation, the Minister of Niger Delta Affairs, Godswill Akpabio, has said that the road would be completed by December 2021, but I have found out that the contractor has not been paid.
“How can the road be completed in December this year when the contractor has not been paid, and is demobilised from the site?
“This is the road that leads to companies that generate multi-billion naira to the government, and they don’t want to complete this road”, he lamented.
On the issue of insecurity and cultism in Ogoni, the Gbokabari leader noted that oil bunkering activities had made cultism to thrive in the area.
He maintained that Ogoni elders were in a threshold of history to correct the mistakes of the past, so as to forge ahead.
According to him, the Gbokabari has eminent and distinguished personalities from different fields of endeavours and is determined to bring all disagreeing groups together as well as address every issue in Ogoni land.
Agboar regretted that the Ogoni people had been in the news for some negative reasons in recent times, assuring that Gbokabari would put an end to such negative tendencies.
By: Corlins Walter
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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