Business
NUPTE Boss Tasks NIPOST On Efficiency
In a bid to achieve efficiency in the face of growing competition, the chairman of the National Union of Postal and Telecommunications Employees (NUPTE), Rivers/Bayelsa States Council, Comrade Prince Williams Dawari Kubu Addah, has called on the Nigerian Postal Services to improve on its activities to enhance its performance.
Speaking in a recent interview with The Tide, Comrade Addah urged the management of NIPOST to go digital instead of remaining analogue in their operations.
“We have outgrown the age of using log books, computer should be introduced to the recording of vital information.
The management should create a data base system for their customers, so that they could assess their transition on the system, not on the log book because it could be torn at any point in time”.
The NUPTE boss continued that “the (mail) sorting system should also be improved. Currently it is manual but they should look at the possibility of introducing a machine rather than going by manual to sort mails.
“If you bring in 5,000 mails, for instance and expect two persons to sort them out it will be very difficult, and will lead to delay in dispatching mails to various destinations.
“As a union, we can only say what we think is the best for NIPOST, it is left for management to take it or leave it, but if management is development minded, it will take a critical look at our suggestions”.
He explained that this is more so considering the fact that NIPOST is no more the sole courier service provider in the country.
“Right now we have other private courier services firms such as Universal Parcel Services (UPS), DHL and IFEX who have proven to be competent in the delivery of parcels.
“The only advantage NIPOST has over these private establishments is that it is a federal government establishment and has the necessary facilities nationwide, hence these private organizations often seek the assistance of NIPOST.
“However, the private operators seemed to be faster because they do not have bulk mails.
“This is why we need to go beyond the use of such facilities as sorting machines and the log books”.
The log books is used for recording transitions of customers. It provides such information as customers’ indebtedness.
Business
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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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