Business
Court Endorses Sack Of 245 NITDA’s Workers
The National Industrial Court, Abuja, yesterday affirmed the disengagement of 245 workers of the National Information Technology Development Agency (NITDA).
Justice Simisola Adeniyi, in her judgment said the failure of all the 245 claimants to tender their letters of employment was fatal to their case.
“Although the 245 claimants were employed on the same day, their contracts of employment were different.
“Therefore, all the letters of employment and acceptance letters of the claimants should have been tendered in evidence before the court,” she said.
Adeniyi said that the three letters of employment tendered, stated that it was a probationary employment.
The judge said that the defendant had the right to either confirm or terminate the claimants’ employment at the end of the probation period.
The judge said that what the three claimants that tendered their letters of employment should have sought for was their unpaid salaries and allowances.
“Since there is no evidence before the court to show calculations of the remuneration due to them, I find and hold that the claimants are not entitled to general damages.
“This case is lacking in merit and it is hereby dismissed accordingly in its entirety,” she said.
The claimants, through their counsel, Wilfred Otasowie, had sought for a declaration that their disengagement was illegal, null and void and of no effect.
They also asked for reinstatement, payment of their salaries and N500 million as general damages.
The counsel said the claimants were duly employed, and given appointment letters.
He said that after their documentation and while awaiting for their posting, they were notified of their disengagement through a newspaper publication in August 2016.
Ibrahim Attahiru, the defendant’s counsel in his submission, said the employment of the claimants in November 2015, was marred with irregularities, while due process was not followed.
Attahiru said that interviews were not conducted and letters of employment were issued before approval was given.
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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