Business
NPA Adopts Measures Against Coronavirus
The management of the Nigerian Ports Authority (NPA), says it has put in place all necessary measures across the nation’s ports against the spread of the dreaded Coronavirus disease.
This was contained in a statement by the Managing Director of NPA, Ms. Hadiza Bala-Usman, last Saturday, shortly after a book presentation in Lagos.
Bala Usman said, “once a vessel carrying yellow flag is sighted by the harbour master, Port health will be immediately notified”.
The yellow flag (contagion) is historically displayed on ships to indicate the presence of disease or quarantine.
“Once Port health is notified, the vessel will be taken to a separate location where there will be immediate health assessment before anyone or cargo will be allowed to disembark,” she said.
Usman also said that visitors and staff of the Authority would be checked at the gate of the NPA office complex to ensure they were free from any form of illness.
She said NPA was very conscious of the virus and had been engaging in several interactions with the Federal Ministry of Health, adding that the Authority would continue to monitor and enlighten people on the need to guard against the dreaded disease.
“NPA is very mindful of its responsibility as the gateway to the nation’s economy and will do everything possible to protect the economy”, Usman said.
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.
Business
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