Business
NUT Urges Lagos Govt To Meet Teachers’ Needs
The Lagos wing of the
Nigerian Union of Teachers on Saturday urged the state government to be proactive in addressing the needs of workers, especially teachers.
The chairman, Mr Segun Raheem told newsmen in Lagos that the shortage of teachers was still a major problem.
According to him, teachers remain inadequate in the state in spite of the employment of 1300 new ones who can only serve as replacement of about 1750 that retired in the last one year.
He said the shortage of teachers in the classroom was not healthy for the education sector as it would affect the learning outcomes of the children.
Raheem also urged the government to implement the agreement on having the position of Permanent Secretary with the nomenclature of Headmaster General in primary schools.
“It is only teachers who have not gotten to the position of permanent secretary,’’ he said.
The unionist appealed to the government to improve on the training of teachers at local and international levels to enable them to compete favourably with their counterparts globally.
He said that the training of teachers would improve teaching outcomes and the education sector in general.
The chairman also urged government to continue to provide infrastructure in schools to make the environment conducive for teaching and learning.
He appealed for the implementation of Special Salary Scale for teachers.
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.
Business
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