Business
New Labour Leaders Set To Rekindle Workers’ Hope
As the organised Labour
Leaders in the country gathered in Abuja for this year’s delegates conference to elect new leaders for the Labour movement, expectations are high that the new leadership will rekindle workers’ hope in the congress, ability to protect workers welfare in Nigeria.
Speaking to newsmen on the expectation of the new leadership, the Non-Academic Staff Union (NASU) Secretary General Comrade Peter Adeyemi said that the organised Labour has not failed Nigerian workers and the masses.
Adeyemi said that the organised Labour at the end of the election must re-enact the ideal that the Labour Movement stands for to protect the Nigerian Workers against obnoxious policies of government.
The NASU scribe said that the Labour expectation is that the congress at the end of the election would be able to produce visionary, effective, functional leadership that will restore the lost glory of the number one Labour centre in Nigeria.
He said the Labour has not lost its firebrand and activism in the present day Nigeria, stressing that the NLC still represent the hope of the workers as it used to be in the previous years.
Adeyemi said it is true that Labour leaders have different styles of leadership, but stressed that an average Labour leader would be quick always to defend the disposition of Labour and the workers in the present sphere of reality in Nigeria .
Philip Okparaji
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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