Business
Users Decry Postponement Of Int’l Flights At PH Airport
Users of the Port Harcourt International Airport, Omagwa and those that do business at the airport have deplored the indefinite postponement of resumption of flight operations at the international terminal of the airport.
Some of the users told The Tide in an interview that the postponement was unhealthy for business at a major airport like Port Harcourt International Airport, which is the major airport in the South South.
Reacting to the postponement, a regular air passenger, Engr. Kingsley Iwedi, said the decision to postpone the resumption of international flights at the airport was not well thought out.
According to him, there is no justification for such indefinite postponement by the Federal Government.
Also speaking, the immediate past Chairman of the FAAN Accredited Car Hire Association of Nigeria, Mr Clifford Wahunoro, said the postponement came as a surprise especially at a time when everyone was ready for business resumption at the international terminal.
“I sensed that there is a political undertone to the indefinite postponement of international flights operations. No tangible reason was given for such decision.
“The Kano airport which was slated for reopening on the 5th of April has been reopened, but Port Harcourt own slated to reopen on the 15th of April was postponed indefinitely without cogent reason.
“You can see that there is an attempt to undermine the business in the Port Harcourt International Airport. Port Harcourt has more international passenger traffic than Kano, because here is the centre of oil and gas”, he said.
Meanwhile, an aviation expert and former management staff with Air France, Tonye Quakers, has said that both the Federal Government, FAAN, and the Rivers State Government would continue to loose huge revenue for the non operation of flights at the international terminal.
According to Quakers, every air passenger pays at least $2 on international movement, and that this is built into the flight ticket, and will be later remitted to FAAN.
He said that the number of international passengers on an international flight is so huge that government should not afford to be loosing continuously.
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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