Business
GEIL, NCDMB Train Nigerians On Oil, Gas Engineering
In compliance with the Nigerian Oil and Gas Content Development Act, Green Energy International Limited (GEIL), the operator of Otakikpo Marginal Field OML 11, Lekoil Oil and Gas Investment Limited (JV) in partnership with the Nigerian Content Development and Monitoring Board (NCDMB) has commenced the training of several Nigerians on oil and gas engineering.
The training is aimed at closing the skill gap in the oil and gas industry, with focus on the engineering sector, and is expected to deliver the required skill set necessary to meet the growing demand within the sector.
Speaking at the maiden edition held in Yenagoa, Bayelsa State, the Government Relations Manager at GEIL, Fatimah Mohammed Amate, noted that “The training will be delivered by Dexterous Applied Training Institute and will target several Nigerians from across various geo-political zones, and participants will be trained in the areas of Piping Engineering, Safety Engineering, Electrical Engineering, Health and Safety at the work place, Nigerian content awareness, among others”.
Also commenting, HRH Spriff Serena-Dokubo and Dr. Lyb Udochu, both Directors at GEIL, noted that the company’s commitment to the development of the oil and gas industry cannot be over emphasised.
According to HRH Serena-Dokubo, “The top five performing trainees will be offered employment immediately after the training”.
He further commended the leadership of the NCDMB for their coordination and synergy with GEIL towards the success of the training.
In his remarks, Dr. Lyb Udochu encouraged all participants in the programme to take the opportunity offered by the company seriously, adding that “over the years, GEIL hasensured that its core thematic areas are geared towards providing direct social investment programmes to address development deficits through employment, training and retraining, empowerment of women and youths, capacity building and skill acquisition, health outreaches, scholarships and direct community contracts”.
One of the beneficiaries of the training, Chimaobi Nwachukwu, highlighted the importance of the training, confirming that it would equip them with the competitive advantage necessary to excel in the oil and gas sector.
He said, “From my point of view, the programme would provide us with the required skill to be employable in the oil and gas industry and be more valuable to the society”.
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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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