Business
DPR Workers Tasked On Safety Laws
The Director of Petroleum Resources (DPR), Mr. George Osahon, has advised members of staff of the department to mandatorily comply with safety laws, regulations, standards and procedures as part of their personal responsibility.
Osahon, in a statement on Wednesday, was quoted as making this call during the inauguration of the 2013 DPR HSE week, in Lagos recently.
He said health, safety and environment in the oil and gas industry were as critical as other core industry businesses like exploration and production.
Therefore, the DPR as industry regulator must demonstrate good example in HSE practice, he stressed.
He advised that the theme of the HSE week, which is ‘Improving Personal Safety in the Work Place,’ should be imbibed by staff members in their work culture so as to guarantee overall safety.
He explained that HSE in DPR is a core value, which must guide in helping the department to deliver on government’s aspirations for the oil and gas industry.
Osahon gave the assurance that the management would continue to provide resources to ensure that health, safety and security of staff members are protected at all times.
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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