Business
Fitters Association Gets New Exco
Following the embittering crisis that engulfed the Egi-unit of the Nigeria Natonal Fitters Association, an affiliate of the Nigeria Labour Congress, NLC, the National executive of the body has constituted a new executive for the affected unit of the Association.
According to a statement signed by the National Secretary of the Association, Comrade Odjomah Joseph, the newly constituted executive is led by Comrade Clement Ede, as unit Leader, Daniel Frank, Unit Secretary and Julius Ellah as financial secretary.
The statement said the constitution of the new executive was done after wide consultation at the National level and other stateholders to addressed the continued disagreement among the former executive which affected the smooth running of the unit.
Joseph enjoined members of the affected unit to give maximum support to the new executive led by Comrade Ede, to enable the association achieve its objectives.
Speaking in a press interview with newsmen in Port Harcourt recently, the newly appointed unit leader, Comrade, Clement Ede, expressed gratitude to the National executive and other members of the Association for giving him the opportunity to serve.
Comrade Ede, said Fitters as professionals were strategic to the development of the Nigerian Oil and Gas industry and called on the Government to give fitters the needed incentive to carryout their duties effectively.
Comrade Ede also expressed confident in the ability of Nigerian to play active roles in the transformation of the oil and gas sector and called for the full implementation of the indeginisation policy which encourages indigenous participation in the sector.
He further called on the government and multinational to partner with the Association to Promote Skills acquisition and application in the country.
Taneh Beemene
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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