Business
Airline Pledges Mass Route Expansion In 2018
The Chairman, Air Peace, Mr Allen Onyema says the airline will in 2018 end air travel woes of most underserved destinations in Nigeria and the West Coast of Africa.
Onyema said that the airline would also offer the flying public a preferred alternative on some key international routes in 2018.
According to a statement by the airline’s Communications Manager, Mr Chris Iwarah, on Sunday, Onyema spoke at the management session to review the airline’s flight operations in 2017.
Onyema said that the airline deserved commendations for rescuing Nigerian aviation industry and giving air travellers hope in the period under review.
The airline chairman said he was quite satisfied that Air Peace was able to expand its fleet to 24 aircraft, in spite of the nation’s economic downturn and what the aviation sector experienced in 2017.
Onyema attributed the airline’s success in the three years of its existence to the unflinching support of the flying public and the quality leadership of its management team.
The Air Peace chief said that the airline would remain grateful to its customers for their patronage over the years, urging the flying public to continue to trust the carrier’s services.
According to him, Air Peace will continue to strive to sustain its uncompromising approach to safety, prioritisation of the comfort of its customers and jobs creation.
He, however, said that the airline still has a lot of grounds to cover in its vision to transform air travel experience in Nigeria, West Coast of Africa and Dubai, Guangzhou-China, London, Houston, Mumbai and Johannesburg routes.
He urged carrier’s management to brace up for the challenge of implementing the airline’s plan.
Onyema said that this was to deepen air connectivity on many routes in the Northern part of Nigeria, including Kano and Yola, and other domestic routes.
He expressed regret that industrial unrest by Air Traffic Control in Senegal compelled Air Peace to suspend the launch of its Freetown, Banjul and Dakar routes planned for December 15.
Onyema, however, assured that the carrier would soon announce a new date for the launch of the three suspended West Coast routes.
He said that the airline, which began flight operations to Accra-Ghana on February 16, was determined to expand to about nine destinations on the West Coast of Africa.
Onyema added that the airline was awaiting the delivery of the two Boeing 777 Aircraft it recently acquired to start its flight operations to Dubai, Guangzhou, London, Houston, Mumbai and Johannesburg.
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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