Business
MWUN Inaugurates Taskforce On Irregularities
In a bid to curb insecurity and other irregularities on our waterways, Maritime Workers Union of Nigeria (MWUN) in Rivers State has set up a taskforce to checkmate such activities that will endanger maritime activities.
The Chairman of the Union, Comrade Jonah Jumbo dropped this hint in a chat with our correspondent at the union’s secretariat in Port Harcourt recently.
Comrade Jumbo said the taskforce was set up to look into illegal certification of vessels, illegal crewing, unsafe practices and security on our waterways, pointing out that they would also ensure that people working on board vessels, crafts, Tug boats, dredgers, barges and other sea going vessels were registered and certified seafarers.
He hinted that the taskforce would ensure that genuine marine operators are certified as well as all marine equipment operators operating within our waterways, and called on all to comply with the taskforce as they are going to operate in conjunction with the security agents for possible prosecution.
According to him, people and companies that falls under this category have been advised to come and register with the union and pay up their dues and purchase stickers to identify the genuine operators within our waterways.
“Jetty operators have also been advised to register because some illegal jetties in the state were being used to perpetrate criminal activities like bunkering”, he said, adding that those whose certificates are invalidated should go and renew them or have themselves to blame.
In his remarks, the State Sea Taskforce chairman, Comrade Ibiebele Emmanuel assured to carry out his assignment diligently accordingly to the dictate of the union, and thanked the union for the appointment.
Comrade Emmanuel said his committee would ascertain that all marine equipment operators and others operating within our waterways purchase maritime stickers to ensure genuine operators, registered and certified by the union as failures would have their vessels impounded and handed over to the security agents for prosecution.
He also warned mining agents to pass through the union or NIMASA for verification of documents before sending people on board, and that any one with fake certificate would face prosecution.
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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