Business
PH Airport Users Decry Delay In Terminal Building Commissioning
Business operators and those that use the Port Harcourt International Airport, Omagwa have expressed displeasure over the continuous delay in the commissioning of the arrival terminal building at the airport.
The Tide reports that construction works had since been completed on the arrival terminal building by the Inter Bau Civil Engineering Construction Company, awaiting commissioning since last year.
They said the delay in commissioning the building has continued to put restrictions on their business operations as well as projecting the airport in bad light.
While speaking to The Tide on the matter, a travel agent at the airport, Mr Tom Agoloku said the delay was unnecessary as all the necessary things needed to open the building were in place.
He also expressed shock that the conveyor belt that was supposed to have been installed all the while was still lying at the arrival terminal building.
The Airport Section Manager of Coscharis Motors, Mrs Clara Ben told The Tide that the news of commissioning the new terminal building is not strange as there have been rumours of the commissioning since December last year.
According to her, many people are very curious to go into the new terminal building to do their business, but could not due to the unpreparedness of the federal government and the Federal Airports Authority of Nigeria (FAAN) to do the needful.
On his part, one of the regular travellers at the airport, Bishop Romel Emenike said, “Don’t be surprised that all this delay in commissioning this terminal building is political. This is Port Harcourt and it is serving the people controlled by opposition party. Would you see this kind of thing in Abuja or Lagos airports”, he said.
The Tide recalls that the commissioning of the terminal building was slated for last December, but was later postponed till further notice.
Cleaners and facility managers were seeing in December keeping the building clean in preparation for the commissioning, only for the airport manager, Mr Felix Akinbinu, to tell the airport correspondents that FAAN was not satisfied with the building.
By: Corlins Walter
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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