Business
Air Traffic Controllers, Others Back Out Of Protest
Despite the protest by the staff of Federal Airport Authority of Nigeria (FAAN), over the hand over of the decaying infrastructure to Bi-Courtney Aviation Services Limited last week by the Federal Government, activities at the airport continued peacefully with flights taking off and landing.
The Tide’s visit to the Airport, can authoritatively reveal that the Air Traffic Controllers (ATC) did not join in the protest, a set back to the demonstrators who had wanted all airport staff to join them.
Also, back out of the protest is the Nigerian Civil Aviation staff.
The demonstrators, who carried placard and singing songs, warned that if the meeting in Abuja was deadlocked, they will launch a full blown protest at mid-night to paralyze all the activities at the airport.
The staff of the Federal Airport Authority of Nigeria (FAAN), under the aegis of the National Union of Air Transport Employees (NUATE) and Air Transport Senior Staff Association of Nigeria (ATSSAN), were of the opinion that the federal government was not meant to hand over, when about nine of their members were meeting in Abuja with the Presidency.
The assistant General Secretary of NUATE, Comrade Abdulkareem Motajo, said that it was illegal for the federal government to have handed over the terminal to Bi-Courtney but admitted that there is need for private investors to come into the aviation industry and develop the dying sector.
“But the way to go about it is the problem”, he said.
The federal government handed over GAT to Bi-Courtney recently to build operate and transfer it back to the government.
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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