Business
Bizman Wants NURTW To Monitor Members
The National Union
of Road Transport Workers (NURTW), Rivers State branch, has been told to monitor the activities of its members in a bid to bring sanity to the road transport sector.
Speaking with newsmen at the weekend in Port Harcourt, the Managing Director of Blessed Toby Service, Mr Tobias Amadi, said NURTW occupies a special position in the road transport sector, thus, should strive to make it conducive for all.
He noted that if the union adds dignity to its duties, many Nigerians would be pushed to invest in the sector.
Amadi said it was about time the management staff of the body, looked inward and tutor their members on how best to operate.
According to him, most commuters avoid using the motor parks due to the behaviour of the drivers and park officials whom he said handle commuters disrespectfully.
He did not pin-point any particular offence committed by the union members, but noted that their activities in the state needed to be regulated.
The businessman pointed out that the union could be reformed in such a way that university graduates would seek employment with it saying that road transport was meant for level headed men and women.
When asked if he wanted the union to be handed over to the government, he disagreed, adding that government was not a good business manager.
He called on NURTW management to continue to discourage the issue of road side motor parks, in order not to allow hoodlums into the system.
Amadi, however, enjoined the Rivers State Ministry of Transport to partner with all road transport operators in the state to work out modalities on how to regulate arbitrary transport fares in all parts of the state.
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.
