Business
COVID-19: We Also Need Palliatives -NURTW
The Nigerian Union of Road Transport Workers (NURTW) says its members are also in need of palliatives from government, since 95 per cent of them are informal workers and do not earn salaries.
Acting General Secretary of the union, Mr Kabiru Ya’u who spoke to newsmen in Abuja yesterday.
He reiterated the union’s commitment to supporting the Federal Government’s effort to curtail the spread of the deadly Coronavorus (COVID-19) in the country.
According to Ya’u , the union has directed all its members to observe the lockdown, except for some staff in the finance department who will provide skeletal services when needed.
He said: “Only skeletal operations are done in some states where lockdown is not imposed. Interstate operations are mostly down.
“The union will cooperate with government in whatever way possible to eradicate or mitigate the impact of Covid-19 nationwide.
“We are also in need of palliatives from government, especially since 95 per cent of our members are informal workers and do not earn salaries.”
Ya’u said that measures had been taken by the union to curtail spread of the virus and there was no reported case of coronavirus outbreak in any motor park across the country.
He said the union was also working on contingency plans to prepare for any unknown outcome that may arise.
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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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