Business
Airtel Plans Dialogue With Workers Over Welfare
The National Union of Telecommunications and Postal Employees (NUPTE) said in Lagos last Thursday that the management of Bharti Airtel has agreed to negotiate with the in-house union on workers’ welfare.
The President of NUPTE, Mr Sunday Alhassan told newsmen that “both parties have agreed to dialogue for peace and development of the company.
“We reached an agreement that by the end of June the management would have met all the demands of the workers to avoid industrial crisis”.
Alhassan listed issues to be discussed to include irregular salary, health insurance, contributory pension fund and bonus for extra working hours for people hired by outsourced agencies.
“Bonus has been a major source of crisis. But once the in-house union is inaugurated issues like that would be treated with the management before the invitation of the overall body — NUPTE,’’ he said.
Alhassan assured that the union was also discussing with the agencies hired by Airtel on the payment of bonus as part of efforts to motivate staff.
The union leader urged the workers to be more diligent in a bid to boost productivity and ensure the growth of the company.
He advised the management to communicate with the workers on policies that would benefit them to avoid incessant protests.
Bharti Airtel took over the management of Zain Nigeria following the acquisition of Zain African assets.
The company, the first telecoms outfit to provide GSM services in Nigeria in 2001 under a trade name – Econet, has changed its name about five times. From Econet, it changed to V-mobile, then to Celtel and later Zain. It is currently known as Airtel.
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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