Business
Rivers NLC, Health Workers Resolve Impasse
The Nigeria Labour Congress (NLC), Rivers State chapter and the Medical and Health Workers Union of Nigeria (MHWUN), Rivers State chapter, have amicably resolved the lingering industrial disagreement between the labour unions.
Speaking to The Tide in Port Harcourt last Monday, the State chairperson of NLC, Comrade Beatrice Itubo, said the issues were resolved amicably following the intervention of the NLC national leadership especially the NLC’s President, Comrade Ayuba Wabba.
Itubo said that the meeting between the health workers union and the umbrella union’s leadership was for fence-mending that paved way for the settlement and withdrawal of the court case before the National Industrial Court (NIC) to settle out of court.
She said that the health workers union instituted the legal action under her leadership as the state chairperson of the union three years ago following the refusal to integrate the health workers at the local government councils level in the state into the union as their parent body by the NLC’s leadership in the state.
She said that the unions leadership believe that it is better to resolve the issues out of court and embrace peace as the health workers are civilised union members.
The NLC boss said that there is strength in labour unity to achieve their desired goals, stressing that when labour speaks with one voice and remains undivided, government will hear their collective voice much better.
She enjoined the leadership of the health workers in the state to always support the NLC in its quest to better workers’ welfare in the present reality of hardship.
Philip Okparaji
Business
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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.
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