Business
NUJ Insures 6,160 Journalists
No fewer than 6,160 journalists have been insured under a scheme introduced by the Nigeria Union of Journalists (NUJ).
NUJ President, Alhaji Mohammad Garba, said this during a condolence visit to Radio Nigeria following the death of the station’s Executive Director, Malam Yusuf Abara.
Garba said the insurance initiative was to provide a form of mitigation for members due to the hazards of the profession.
He lamented that there had been an upsurge in the number of journalists who had lost their lives or suffered various degrees of injuries in the course of performing their jobs.
Garba said each member was expected to pay a premium of N6, 760 per annum and was entitled to N1.5 million as compensation upon injury or death of the premium holder.
“ We hope to cover all the 25,000 registered journalists across the country by the end of this year and we are confident that all the registered journalists will be covered judging from the response of our members,’’ he said.
He commended some state governments for underwriting the insurance cover of journalists working in those areas and urged others to emulate them. Garba also appealed to Gov. Babangida Aliyu of Niger to assist the union in recovering the land belonging to the state council of the NUJ, saying some persons were trespassing on the land.
“ From the documents in our possession, the land in question belongs to the union and was given to us by then Military Governor, Lt.- Col. Lawan Gwadabe, in 1987.
“The Certificate of Occupancy has not been revoked; the union will continue to protect its property,’’ he said.
Responding, the Acting Executive Director of the station, Malam Hussaini Mohammed, thanked Garba for the condolence visit.
He pledged to continue to assist the union in the discharge of its activities.
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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