Business
FAAN Heightens Security Screening At Abuja Airport
The Federal Airports Authority of Nigeria
(FAAN) on Tuesday said that security was being intensified by the joint airport
security outfit to keep the Nnamdi Azikiwe International Airport, Abuja, free
and safe from criminals.
In an interview with newsmen Mr Osituyo
Olawale, the Acting General Manager, FAAN, said the joint force had brought
thefts, loitering and activities of touts to the barest minimum.
He said that 34 suspects arrested by
airport security were prosecuted by the police and convicted by the court in
April.
Olawale also said that traffic jam at the
toll gate due to security check had reduced because of an increase in the number
of security men checking motorists.
“Except at the rush hour, when people want
to catch up with their flight quickly but once the expansion work at the toll
gate is completed, the traffic will reduce completely, ” he said.
“Touts are arrested daily by the security
team but the challenge we have is that the bail conditions and the penalty
giving to these criminals in the courts after pleading guilty are too low and
this encourages the touts to keep coming back.”
Olawale said FAAN had introduced a free airport
shuttle that conveyed the staff and travellers from the old domestic terminal
to the new terminal in order to stop motorcyclists and to ease the traffic to
the international wing.
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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