Business
PH Fire Victims Seek Govt’s Assistance
Residents of Oromenizingbo Community and traders at the Naval Officers Wives Association Market at Borikiri, all in the Port Harcourt City Local Government Area of Rivers State, have cried out to the Rivers State Government to come to their aid following the fire that gutted their houses and stores.
The Tide learnt that one person died and several others sustained injuries during the fire disaster in which over 40 houses were affected at Oromenizingbo community while about 52 lockup stores were burnt during the inferno at NOWA market at Borikiri axis of the state capital
Conducting the Special Adviser to the Governor on Emergency and Relief Services, Hon. Bereni Ben Irisofe, and journalists round the two affected areas, the landlord of the burnt Houses at Oromenizigbo, Mr. Hector Ajikeru informed that the fire incident was probably caused by an act of carelessness by one of the tenants.
Ajikeru informed that one Sunday Udoh who is also a tenant lost his life while Mr Major Anwurun who was seriously injured is currently receiving medical treatment at the University of Port Harcourt Teaching Hospital, Choba.
Ajikeru said property worth millions of naira were destroyed by the inferno and called on the state government for assistance.
While at the NOWA Market, the traders, mostly women, called on the state government to come to their aid following the fire incident that occurred recently, destroying properties worth millions of naira.
The president of the NOWA Market, Mrs Iliya Rebecca, lamented that the fire has rendered most of her members hopeless as their goods worth millions of naira have been destroyed by the fire which was attributed to electrical fault.
Rebecca also pleaded to the government to send relief materials to alleviate their current plight.
She commended the state government for responding quickly through the Office of the Emergency and Relief Services, adding that this shows commitment to the welfare of the people.
About 52 lockup stores were burnt by the ravaging fire.
While Responding, the Special Adviser to the Governor on Emergency and Relief Services, Hon Bereni Ben Irisofe onbehalf of the government commiserated with the family of the deceased person and all the victims of the fire disaster.
Irisofe assured that his office will make a detailed report to His Excellency, Chief Barrister Nyesom Wike, as he expressed optimistic that the Governor with his compassionate nature may act promptly to alleviate their plight.
He encouraged those affected by the fire disaster to continue to be law abiding, exercise patience and give full support to the Wike-led administration.
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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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