Business
NURTW Affirms Control Of Memebers
The National Union of Road Transport Workers (NURTW) has affirmed its total control of all transport workers, including drivers that operate transport business in Nigerian, and in Rivers State in particular.
This came at the hills of agitation by other transport groups, especially the cooperative transporters, that NURTW is forcing its members to join their union, and had been forcing them to buy various stickers and pay other dues.
Speaking to The Tide on the matter, the secretary of NURTW, Rivers State Council, Comrade Chuks Boms, said that the law establishing NURTW as the only trade union of all workers in the transport sector did not make provision for any other group outside the NURTW.
He said that every other association trying to organise any union of workers in the transport sector will meet with disappointment because they do not have the backing of the law.
According to Mr. Boms, “Every workers in the transport business is automatically a member of NURTW, and we will not allow any other unrecognised body to take away our members from us.”
The Secretary posited that several litigations had been taken against them, but that none of them had survived, because there is an existing law backing the NURTW.
He therefore called on all those doing transport business in Rivers State to allow their workers to partake in the programmes of NURTW, adding that the union is not interested in witch-hunting any body or group.
Corlins Walter
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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