Business
Association Berates Seafarers Over Shipping Technology
Maritime activities
ended last Friday with a remark by Capt. Niyi Labinjo, President, Nigerian Ship owners Association (NISA) that seafarers were not catching up with modern shipping technology.
Labinjo, who made the assertion in an interview with newsmen in Lagos, said that the slow pace had affected the marketability of seafarers worldwide.
According to him, technology has left seafarers behind because all over the world, including Nigeria, seafarers are not moving at the same pace with shipping technology.
“A professional seafarer knows what he went through. If you go through the trainings and you eventually qualified, you will not joke with your certificate.
“ You will guide it, because you know the efforts you put in to earn the certificate,’’ Labinjo said.
“We are going to do something about training of seafarers so that we can go further,’’ he told reporters.
Labinjo said that the association recently organised a training programme on turbo chargers based on the fact that the association (NISA) recognised that ships carried turbo chargers.
The mariner said that training of seafarers would make ships to have longer life-span.
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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