Business
Rivers NCSU Inaugurates UBE Unit Excos
The Rivers State chapter of the Nigeria Civil Service Union (NCSU), has inaugurated its UBE unit officers in the 23 local government areas of the state, with a charge for them to shun gossip and rumour-mongering in the discharge of their duties.
The oath of office was administered to the officers in Port Harcourt last Thursday by former Assistant Secretary of the union, Comrade Tony Ochiagha.
While administering the oath, Ochiagha stressed the need for unity of purpose among the officers in carrying out their new assignments, saying, “being labour leaders entails making sacrifices at the expense of your personal comfort.”
Also speaking at the occasion, state Chairman of NCSU, Comrade O.T. Lilly-West congratulated the officers on their successful elections, and urged them to shun gossip and rumour-mongering in the discharge of their duties.
He assured that his administration was poised to carve a new image for the union, anchored on justice and truth, stressing that the union was not a place for money sharing.
According to him, the union under his leadership would continue to reach out to all members.
The state vice chairman of the Joint Negotiating Council also took time off comment on the newly introduced Contributory Pension Scheme for civil servants in the state, saying, what the union was bothered about was its implementation.
He said the union was not actually against the government’s policy, but urged the state government to tie all loose ends to ensure its effective implementation.
In her welcome address, the chairperson of UBE unit of the union, Comrade (Mrs) Kesy West expressed delight that the unit had been getting its rebates regularly, and urged the officers to always support the Chairman of the union, Comrade O.T. Lilly-West whom she described as intelligent and wonderful.
She equally enjoined the officers to always remain loyal and obedient as they discharge their duties, assuring that the present leadership of NCSU in the state would continue to carry all members along.
Responding on behalf of the officers, Comrade Phillip Adumu who is also the Secretary of the PHALGA unit assured that the officers would continue to support the unit head, the union chairman and the Nigeria Labour Congress (NLC) in the state, and stressed the need for cooperation among the officers.
Donatus Ebi
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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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