Business
Workers Deserve N96, 000 Minimum Wage – Union
The Northern Coordinator, United Labour Congress (ULC), John Gimbason, has reiterated the union’s demand for N96,000 minimum wage for workers in the country.
Gimbason, also former Kaduna State NLC chairman, spoke while inaugurating a ULC 12-member State Executive Council in Kaduna.
He said the proposal was realistic and realisable considering the current inflation in the nation’s economy and in view of workers’ contributions to nation’s building.
He said that the new Labour Centre had opened negotiations with the Federal Government on the proposed N96, 000 minimum wage, assuring members that the proposal would soon yield fruits.
According to him, while workers are over burdened with lots of responsibilities, they receive stipends as monthly salaries, even as some others do not receive their wages for months.
He frowned at the Kaduna State government’s plan to sell off government quarters to the highest bidder, saying that it was unacceptible and called for the reversal of the decision.
He appealed to the 25 unions under the ULC to give their maximum cooperation to ensure that workers in both public and private sectors were treated with human face.
Meanwhile, the State Chairman of the ULC, Ephriam James, in his inaugural speech, said the council would ensure that workers in the state were liberated to earn salaries they deserve.
He said the Union would engage the state government and other employers of labour in dialogue to ensure they arrived at agreements to improve welfare of workers.
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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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