Business
Rivers UBE Board Begins Promotion Exercise, Today
The Rivers State Universal Basic Education (RSUBE) Board says it will commence promotion exercise for teachers from this week.
This was made known by the chairman of the RSUBE, Mr. Alli Orutemeka during the inaugural meeting of the Board and Head Teachers of public schools in Rivers State.
Mr. Orutemeka explained that this will put paid to the lingering cases of teachers due promotion which has lasted for years.
His response was in reaction to complains by some Head Teachers who stated that some teachers have been long over due for promotion.
One of the Head Teachers who spoke on condition of anonymity stated that some of her teachers have not been promoted for over five years.
“This situation is not encouraging at all to the teachers. Some of them have been in their present position while others have gone to meet them.
“You find that they become less interested in their job and so become unable to give their best to their pupils, she said.
Another Head Teacher who is in the hard to reach area (Riverine community) told The Tide that most of his staff are engaged in petty business rather than ensuring that they carry out their duties effectively.
“Sometimes, we do not blame the teachers for engaging in other businesses because there is no motivation. No leave bonus, no promotion, no teaching aids as well as under equipped classrooms, how can they work in an environment that is not condusive for the teachers and the pupils.
He lamented that the state government should come to their aid by providing necessary facility and incentives.
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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