Business
Maritime Workers Embark On Indefinite Strike
The Maritime Workers
Union of Nigeria (MWUN) yesterday embarked on a nationwide strike over lingering disputes with government.
The union in a statement signed by its Deputy Secretary General, Comrade Edwin Sambo, said the strike action of the union was informed by the need to force government through the Nigeria Ports Authority (NPA) to address the lingering issue of Tally/Clerk on-board security minimum standard for dockworkers and staff welfare matters.
The union said the ultimatum given to government to address the issues of the tally clerk/on-board security among other pending issues had expired on December 15, and hence the need of the union to embark on the strike.
The statement said prior to the strike, operators were put on notice so that they would not be caught unaware since the union said they believed that government had concluded plans to do away with the tally clerks/on-board security despite their importance to port operations and National Security.
The union said the unresolved issues are affecting the welfare and take-home pay of the union members, stressing that the union’s consultations and meetings with government and ports stakeholders have not yielded any positive result.
It lamented a situation where ultimatums have been issued and agreements reached at meetings only for the government, through NPA, not to respect such agreements for effective implementation.
Philip Okparaji
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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