Business
Rivers NUT Demands Consolidated Salary Implementation
The chairman of the Rivers State Wing of the Nigerian Union of Teachers (NUT) Chief Moses Adiela has appealed to the state government to implement the 70% per cent consolidated salary structure for teachers in the state.
Stating this in an interview with The Tide in his office yesterday, Chief Adiela said teachers are no longer comfortable with the delay in harmonising their salaries.
“I particularly, appeal to the committee set up by the government to handle the ratification and correction to conclude their work soon in order to put smiles on the face of Rivers teachers,” he said.
He used the opportunity to advocate for more teachers to be employed, saying it is very essential “for developing the state’s educational system.
“We lack core subject teachers in primary and secondary schools which is why we are urging the Governor, Rt. Hon. Rotimi Amaechi not to renege on his promise to employ teachers this year.
Adiela, however, commended the Rivers State Governor for the projects he executed during his first tenure.
Sogbeba Dokubo
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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.
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