Business
MWUN Bemoans NLC Leadership Crisis
The Maritime Workers
Union of Nigeria (MWUN) has bemoaned the leadership crisis rocking the Nigeria Labour Congress (NLC) following the disagreement over the outcome of March 12, 2015 rescheduled delegates elections in Abuja.
The union in a statement by its President-General, Comrade Emmanuel Tony Nted said it is unacceptable and very shameful that the desperation of some individuals had reduced the NLC to a laughing stock both locally and internationally.
The union said that it had been vindicated, pointing out that its President-General on the eve of the rescheduled election withdrew his candidate from the NLC presidential race because the election had been reduced to ethnic, tribal and sectional contest by those who wished the labour movement no good.
The union pledged its neutrality in the NLC leadership crisis, stating that the union leadership is not going to side either of the factions but remain neutral until the crisis is resolved.
The union statement explained that the organised labour movement has today been taken over by thugs and individuals who do not merit to be addressed as comrades, stressing that there were allegations of manipulations of the electoral process to favour some individuals and yet the leadership of the congress are just going about as if nothing had happened.
The statement added that these shameful acts were things not associated with habour in general and NLC in particular and queried the moral justification of the organised labour movement in the country to criticise politicians when they fail to organise credible, free and fair elections.
The Maritime workers alleged that the labour movement now have thugs, individuals parading themselves as labour leaders and the NLC leadership, stressing that this is very sad, unfortunate and shameful on the labour.
The union urged well meaning stakeholders who meant well for the labour movement to wade into the crisis with a view of resolving the crisis.
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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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