Business
AAEUN Tasks NDBDA New Exco On Hardwork
The Rivers State council of the Agriclture and Allied Employees’ Union of Nigeria (AAEUN) has charged the new Executive members of Niger Delta Basin Development Authority (NDBDA) branch of the union to live up to the task of hard work and challenges confronting the welfare of workers.
The AAEUN state council chairman, comrade Emecheta Chuku gave the charge while inaugurating the new exco on Monday at the NDBDA hall, Port Harcourt.
He urged the new exco to execute their legitimate functions as provided the constitution of the union, stressing that all hands should be on deck to move the union forward, as all members are stakeholders in the struggle for workers right.
Comrade Chuku thanked the management and staff of Niger Delta Basin Development Authority for providing enabling environment for the successful election of the branch. He advocated for industrial peace and harmony as well as dialogue as a veritable means of settling industrial dispute.
Also, the Eleco Secretary, Comrade B.F. Sorgbara, commended the contestants for their comportment and peaceful conduct of the election and urged them to uphold the vision and mission of their predecessors towards workers welfare.
Those elected include, Ebbah Peace-chairman, Amazama Idnye-vice chairman, Nwafor Nkiken-Secretary, Nkeeh Alexis-Assistant Secretary, Potopregha Jenkins-Treasurer, Juliet Nweke-Women Coordinator, Donatus Nzoka-Trustee, Sunday Clever Lawson-welfare officer and John Lawrence Iyo-Auditor.
On behalf of the exco, the branch chairman, Ebbah Peace, while soliciting for the support and cooperation of members, assured to carry out its function as proved in the union’s constitution.
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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