Business
NURTW, RTEAN Condemn Taxi Drivers’ Protest
The National Union of Road Transport Workers (NURTW)and its sister union, Road Transport Employers Association of Nigeria (RTEAN), have jointly condemned and dissociated themselves from the two-day protest embarked upon by taxi drivers plying Rumuola-Rumuokwuta-Choba route.
The two unions vowed to suspend the drivers who masterminded the two-day protest against the state government’s policy on decongesting Port Harcourt roads.
The Tide reports that the taxi drivers staged a two-day peaceful protest last Monday against their relocation to Rumuola Park, opposite Peace Mass Transit Company.
The NURTW chairman, Rumuola Branch, Julius Uzoma, who spoke to newsmen, said the union did not approve or support any protest embarked upon by taxi drivers.
According to him: “We advised them not to embark on that protest; if there is any need to embark on any peaceful protest or demonstration, we will pass through the normal procedure and dialogue before taking action. Therefore, those drivers that joined the protest will receive the punishment they deserve from the union angle, which is not limited to suspending them from loading from the authorised park and unit as approved by the state government.
“I want to dissociate my branch, NURTW, Rumuola Motor Park branch, from any strike or protest against the relocation of taxis to Rumuola Motor Park”.
Similarly, the Public Relations Officer of RTEAM, Mr Albert, condemned the action of the drivers and also dissociated the body from the protest, saying the taxi drivers who staged the protest acted wrongly.
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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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