Business
Patronise Indigenous Airlines, Envoy Tells Nigerians
Nigeria’s Ambassador to the U.S, Prof. Adebowale Adefuye has urged Nigerians living abroad to patronise indigenous airlines.
Adefuye spoke on Friday night in New York at a dinner organised to mark the 5thanniversary
of Arik Airline and commemoration of its second year non-stop flight between Lagos and New York.
The ambassador praised the indigenous firm for raising the bar in the aviation business, noting that their services were comparable to other well-known established airlines.
He advised Nigerians in Diaspora to change their perception about their country, insisting that several positive developments were evolving in the country.
Adefuye cited the last general elections, rated the freest in the country’s history by international observers and the strides made by individual Nigerians in the U.S in different fields of endeavour.
“Our country is so blessed in human and resources. We can do anything any nation can do if we put our acts together.
“There is no profession in this world that you will not have a Nigerian,’’ the North American Correspondent of the News Agency of Nigeria (NAN) quotes him as saying.
Earlier, Bob Brunner, Vice President Americas, Arik Air, said safety, security and customer care, had remained the guiding principles of the airline since its incorporation.
According to Brunner the airline had transported eight million passengers since it commenced flight operations to different routes around the world.
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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.
