Business
CPC Urges Compensation For Cancelled, Delayed Flights
The Consumer Protection Council (CPC) has called on passengers to always demand for 30 per cent compensation from airline operators for cancelled flights.
The Director General of the council, Mrs Dupe Atoki made the call in an interview with The Tide source in Abuja yesterday.
Atoki said that the council’s intervention in airline matters was to ensure that consumers were protected and treated fairly.
“It is only when consumers know their rights that they can enforce them.
“The Consumer Protection Council’s intervention in airline matter is to ensure that consumers are protected, treated fairly.
“When violations occur, appropriate redress and remedies are provided in accordance with Nigeria Civil Aviation Authority Passengers Bill of Rights.
“I implore and encourage consumers to demand for their rights and complain to the council if they are not satisfied with their service,” she said.
The council, in its public enlightenment publication threw some light into the directive by CPC.
The publication, which was recently released added, “it is the right of passengers to be given 24 hours’ notice before any local flight cancellation.
“Where no such notice is given, 25 per cent of local ticket price is expected to be paid immediately to the passengers by the airline management,” it said.
It said that in the event of local flight delay for two to four hours, passengers deserve to be served snacks, drinks, free telephone calls, among others.
According to the publication, “when an international flight is delayed for six hours from initial time of departure, passengers are entitled to free hotel accommodation, free transportation to and from accommodation venue.
“There has been infringement of human rights in the Aviation Sector due to ignorance on the part of passengers with regard to their right.
“A lot of them are unaware of what to do when they pay for a flight and it is cancelled or pay for services which are not rendered.
“The passengers’ bill of rights in the sector stipulates that in the event of a cancelled flight, management of the airline is expected to give seven days’ notice.
“Passengers are to be compensated 30 per cent of ticket price payable within 14 days of cancellation and a right to reimbursement or re-routing of flight,” the publication said.
Business
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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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