Business
TUC Promises Improved Workers Welfare
Chairman of the Trade Union Congress (TUC) in Rivers State, Mr. Chika Onuegbu, has pledged to make the welfare of workers in the state and country his priority.
Onuegbu, who made the pledge in Port Harcourt recently in a statement following his election as the National Industrial Relations Officer (NIRO) of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), said workers interest will be protected.
“I will continue to see that workers’ interest will be protected in all ramifications,” he said.
The unionist urged members of his union to support him in order to enable him succeed in his new office, saying that he cannot work alone, he needs the support of every member to ensure quality leadership.
Onuegbu, who was the immediate past Port Harcourt zonal Industrial Relations Officer of the union, expressed joy over his victory.
Onuegbu, who noted that leadership has to do with developing new ideas, new actions and new possibilities to make a change in a given society, urged members to take their work seriously in order to achieve results.
Sogbeba Dokubo
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.
