Business
Chairman Assures Dockworkers Of Improved Welfare
The newly elected chairman of General Goods Transport Unit, Port Harcourt Port Dockworkers Branch of Maritime Workers Union of Nigeria, Comrade Fubara Kalio has assured of taking the union to greater heights in ports operations.
Comrade Kalio who made this known to our correspondent during an interview in Port Harcourt on Wednesday said his administration would endeavour to carry everybody along especially on welfare of workers and job security.
According to him, with the co-operation of all, sanity would be restored in the port and activities at wharf rats would be minimised.
.To this end, he said, a 20-member Taskforce and security committee has been set up to regulate movement of vehicles and check activities of undesirable elements within the wharf.
He disclosed that a monitoring unit has also been set-up to check the operation of members and ensure strict compliance with Maritime Workers Union of Nigeria (MWUN) directives, adding that they would as well ensure that goods conveyed out of the port were safely delivered to their various destinations.
The unit chairman enjoined the workers to comport themselves within the rules and regulations guiding Maritime operations and maintain orderliness, respect constituted authorities and discharge their duties effectively.
Comrade Kalio assured of workers protection but that any one found wanting in his duties would be disciplined in accordance with the provisions of MWUN constitution.
He further solicited the support and co-operation of all stakeholders to achieve industrial harmony.
Collins Barasimeye
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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