Business
NLC President Accuses Politicians Of Fuelling Union’s Crisis
Nigeria Labour Con
gress (NLC) President, Comrade Ayuba Wabba, says he will work with the Joe Ajaero-led faction towards resolving their differences over the March 13 elections.
Speaking with newsmen recently in Abuja, Wabba said that the NLC had been through such crisis before and would come out strong.
According to him, the NLC has been through such crises more than four times, accusing politicians of fuelling them.
“Each time we have come out of it very strong; so we are the same family.
“Usually, in a family you can have disagreements; so if we are resolving our disagreement as a family, does it mean we are not a family again?”
He said that the NLC and the aggrieved party had closed ranks to provide the desired leadership in order to meet the aspirations of Nigeria workers.
“We are a family and we believe in one cause; what we decided is that all of us will close rank, return to the basics and provide leadership to all Nigerians; this is what we stand for.
“I think it should not be a surprise that all of us are working together towards building a very strong and virile society and also defend our interest as an individual entity.”
Wabba said that the NLC was poised to forge a common front and forge ahead after resolving the previous misunderstanding, noting that there was no conflict in the congress.
He said that the politicians would be happy if the NLC continued to quarrel, adding that this would aid them to loot the country’s common wealth.
“If we continue to quarrel they will be happy and they will continue to loot our common good to the detriment of all of us.”
He said that the issue of stepping down for any candidate would not arise from the outcome of the reconciliation committee set up to resolve the dispute.
“We are not stepping down; the election has been recognised that the office of the president is something that election has taken place.
“So we are working together to see that we have an all Inclusive process of accommodating ourselves.
“We are working together to respond to challenges to show that whatever misgiving that people have about the election will not repeat itself in the future.
The Tide recalls that Gov. Adams Oshiomhole of Edo, along with other NLC veterans, facilitated the reconciliation between Wabba and Ajaero on Thursday.
Meanwhile, efforts to obtain comments from Ajaero were unsuccessful as several calls to his telephone were unanswered.
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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