Business
Air Force, Shell Partner On Oil Installations’ Protection
The Nigerian Air Force (NAF) has met with Shell Companies in Nigeria (SCIN) to strategise on the protection of oil installations, including deployment and use of Unmanned Aerial Vehicles (UAVs).
NAF said it was ready to partner with Shell to deploy the drones to help secure the companies’ oil and gas pipelines.
The Air Force said it would deploy the drones to other critical oil installations in the Niger Delta.
A statement by the NAF Director of Public Relations and Information, AVM OlatokunboAdesanya, announced this in Abuja, at the weekend.
It said the Chief of Air Staff (CAS), Air Marshal SadiqueAbubakar, disclosed when MrOsagieOkunbor, the Managing Director and Country Chairman of Shell Companies in Nigeria, visited him.
Abubakar in the statement said this was to ensure that the maritime domain was safe for social and economic activities by preventing oil theft, pipeline vandalism and militancy.
The air chief said it was also to prevent kidnapping and other forms of economic sabotage “thereby helping to sustain the economic lifeline of Nigeria”.
He noted that the NAF, over the years, had been actively involved in the security of oil pipelines, protection of critical national assets and general safety of the maritime environment.
According to him, the recent development of the capability to produce UAVs had enabled the NAF to induct an operational drone named TSAIGUMI.
He said that the newly inducted UAV, with day and night capability, had an operational endurance in excess of 10 hours, a service ceiling of 15,000 feet and a mission radius of 100km.
“The TSAIGUMI could also be used for policing operations, disaster management, convoy protection, maritime patrol, pipeline and power line monitoring as well as mapping and border patrol duties,” Abubakar said.
“Accordingly, the Service would be willing to send experts to Shell to make presentation on the capabilities of the TSAIGUMI UAV.
The Service will also explore mutually beneficial ways to better secure Shell facilities while further developing the NAF’s UAV capability,” he said
Okunbor thanked the NAF for its continuous support, which had spanned many decades.
He said the efforts of the NAF and other security agencies made the continuous existence of peace and investment friendly environment possible in the Southern part of Nigeria.
He noted that the deployment of UAVs by the NAF would further help to secure oil facilities and other crucial economic assets in the area.
Okunbor expressed gratitude to Abubakar for granting him audience and for the readiness of NAF to continue providing security to ensure the sustenance of economic activities in the Niger Delta, in particular and Nigeria in general.
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.
