Business
Air Traffic Engineers Seek Modern Airspace Equipment
The National Association
of Air Traffic Engineers (NAAE) on Sunday urged the Federal Government to deploy state-of-the-art Navigational Aids (NAVAIDS) to replace the ageing ones in the country’s airspace.
The association appeal, contained in a statement by its President, Mr Ebenzer Makanjuola, said in Lagos that it was in the light of the technological revolution in the global aviation community.
Navigational Aid is any device external to a vessel or aircraft specifically intended to assist port’s navigators in determining their position or safe course, or to warn them of dangers or obstructions to navigation.
The statement said the government should take advantage of technological revolution in the global aviation community to deploy new equipment with spare parts to replace ageing ones.
It called for the engagement of more manpower to enhance seamless operations in the country’s airpsace.
The statement pledged to ensure optimum performance of the equipment to achieve credibility of the facilities and safety of the country’s airspace if the equipment were provided.
The president noted that government had in the past embarked on massive deployment of airspace equipment.
It added that as managers of the equipment, they had remained serviceable, fully functional and reliable to the end users.
According to the statement, they are fully involved in skill deployment within available resources to ensure the success of the ongoing Aeronautical Information Service automation project and controller Pilot Data Link connection.
It said the association was aware of the misleading information perpetrated by some group of agitators aimed at frustrating government effort in providing state-of-the-art navigational facilities.
It noted that every group had the right to demand but such demand should not be premised on the state of equipment bearing in mind that they were agitating for a better welfare.
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.
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