Business
RSG Restates Commitment To Industrial Harmony
The Rivers State Government has re-affirmed its determination to partner with the workforce in ensuring a peaceful and industrial-friendly environment.
The state governor, Rt. Hon. Chibuike Rotimi Aamechi, said this in Port Harcourt during a meeting he held with members of the State Salaries and Wages Negotiating Committee.
He restated the commitment of the state government to fast-track the negotiation process with a view to “finding a working solution to some of the demands of the state’s workforce.”
The state chief executive who was represented by the former Secretary to the State Government, Hon. Magnus Abe, expressed disappointment that all the unions involved in the negotiation talks, the Rivers State University of Science and Technology chapter of the Academic Staff Union of Universities (ASUU) has continued to dissociate itself from the exercise in spite of invitations forwarded to the union through its chairman.
He, however, thanked the union’s representatives for the co-operation and patriotic zeal demonstrated in the course of the negotiation process, especially in putting the interest of the state over and above other considerations in order that a mutually acceptable position to all parties was reached, despite intense pressures from their members.
In his response, the state chairman of Nigeria Labour Congress (NLC), Chief Chris Oruge, thanked the state governor for the opportunity offered the union representatives to meet and resolve contending demands of workers in the state and assured of their continued support to the overall goals and aspirations of the state government.
Business
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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.
