Business
NURTW Seeks Synergy With FRSC On Driver’s Licence
The National Union of Roads Transport Workers (NURTW), Rivers State Chapter is seeking working synergy with the Federal Road Safety Corps (FRSC) on the issue relating to commercial driver’s licence.
Speaking to The Tide on Wednesday in Port Harcourt an official of the Union, Comrade Chukwuma Titus, said that the working synergy is to stop the incessant harassment faced by members of the union in the hands of the FRSC officials in the state.
Chukwuma pointed out that most of the union commercial drivers have paid for the latest grade of computerized FRSC drawer’s licence but are yet to be issued the appropriate licence paid for, stressing that the situation has resulted into harassment of the union members plying major intra-state routes.
He said that the Union has planned to have a stakeholders meeting with the FRSC to address major challenges in the transport sector to set proper code of conduct for the sector, stressing that the union will always work with the FRSC to further protect its members.
The Unionist urged the FRSC to recognize the temporary driver’s license issued to its members pending the completion of the computerisation processes by the commission.
He called on the Commission in the state to assist the union on its renewal enlightenment campaign of safe driving, road worthiness and proper maintenance of such commercial vehicle on the road.
He said that the union leaders in the state are ever ready to discipline any driver found culpable of reckless.
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.
