Business
Enugu Gas Leakage: NAPE Calls For Caution
Sequel to the recent gas leakage and inferno that engulfed a borehole site within the Caritas University, Amorji, in Enugu State, the Nigerian Association of Petroleum Explorationists (NAPE) has called for caution in addressing the situation.
NAPE President, Dr. James Edet, in a statement on Friday, said the rush to explain what happened, and processes should be left to the professionals such as NAPE and others to handle.
“As NAPE, we are appealing to members of the public to tread with caution as they visit the site to avoid burns and other hazards associated with this type of flare (water and gas leak) as it currently lacks appropriate safety measures to mitigate the flare.
“NAPE, through its experienced members who have worked in the oil and gas industry, as well as the academia, will require access to more data to be able to ascertain the source of this leak. With these data, solutions can be proffered to prevent future occurrences,” the statement stated.
NAPE is the umbrella association for persons involved in the professional application of geosciences and related disciplines, including exploration and production of oil and gas in the country.
It also called on organisations and persons engaging the services of water, well-drilling companies, to seek professional geoscience advice and project support to understand subsurface geometry prior to their exploratory activity.
According to the statement, this would go a long way in forestalling unprofessional drilling practices and accompanying environmental impacts.
“NAPE recognizes and acknowledges the remediation efforts so far deployed by NOSDRA, NUPRC, NEMA and the Federal and State Fire Services.
“Its Executives from our Awka/Owerri Chapter, led by our Chapter Coordinator, Dr Princeton Dim, have visited the site and are on standby to provide necessary technical and professional support to the relevant agencies to abate this continuous leakage of gas and water, an event that poses serious environmental concern to lives and property of the community”, the statement concluded.
By: Collins 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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