Business
NLC Decries Workers’ Salaries Deduction In Delta
The Delta State Coun
cil of the Nigeria Labour Congress (NLC) has frowned at the unnecessary monthly salaries deduction of its members.
In a communiqué issued at the end of the union meeting in Asaba on Friday, the union warned that the wish of the congress that workers take home pay should actually take them home.
The congress directed all industrial unions in Delta State to desist from imposing levies and collection of other monthly deductions from salaries of workers, especially where there is disagreement among the members of the union.
The union said the only approved levy was the monthly check off due to be collected by the affiliate unions from the workers salaries.
The communique urged the Delta State Government to consider without delay timely payment of monthly salaries to primary school teachers and local government workers in the state as was being done in other sectors.
The communiqué added that the “congress held the leadership of the state NLC in high esteem and consequently restated its unwavering confidence, loyalty and support for the present state Executive Council of the Nigerian Labour Congress as led by Comrade Williams Akporeha.”
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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.
