Business
FAAN To Go Digital In Data Mgt, Operations
In a bid to attain greater efficiency and optimal performance, the Federal Airports Authority of Nigeria (FAAN) says it is going digital in data management and operations.
FAAN in a statement by its Head of Corporate Affairs, Mrs Henrietta Yakubu, said the FAAN Managing Director, Capt. Rabiu Yadudu, has assured staff that the management would work towards the digitalization of data.
The statement also urged staff to be more committed to their duties as well as make themselves eligible for training through demonstration of commitment to their work.
“We will go digital and that would mean better data management. Let us try and be as efficient as we can. Management would work towards the digitalisation of data to ensure efficiency at all times and work to make FAAN better and greater.
“We will improve on documentation; how we store information and effective dissemination of information from office to office. We must work hard to improve communication.
“Change is part of life. We must continue our initiative to ensure that we are better. We must continue with what we have been doing for the last 40 years, and solicit for your understanding and cooperation in achieving all that we have set out to achieve.
“We must continue to carry the light that was handed down to us so that we can hand over to other people, and we will keep pushing and working to excel and we must improve our personality”, FAAN stated.
The statement also urged staff to exercise discipline at all times in a measure that is in right proportion with the industry, pointing that FAAN is dealing with human lives and that the industry is a high earn industry.
The FAAN boss promised to do all within his powers to bring improvement and growth to the system, while those beyond his authority will be handled as government deems fit.
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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