Business
NAMA Cancels Closure Of Airspace
The Nigerian Airspace Management Agency (NAMA) staff has suspended the industrial action slated to start today to press home their demand for additional welfare package.
The workers decided to suspend the planned strike after a meeting between the management and union leaders.
General Manager, Public Affairs, NAMA, Mr Supo Atobatele, disclosed this in a statement he issued in Lagos after the meeting which ended late on Friday.
“The meeting is however expected to continue on Monday to further deliberate on issues at stake after the parties agreed that dialogue remains the best way of resolving industrial crisis,” he said.
Atobatele said the meeting was attended by representatives of the National Union of Air Transport Employees (NUATE), Air Transport Services Senior Staff Association of Nigeria and Amalgamated Union of Public Corporations, Civil Service Technical and Recreational Services Employees.
Mr Abdulkareem Motajo, who led the team from NUATE, was quoted as saying during the two- hour deliberation, that the union leaders were not interested in creating problem for the management.
“The ultimatum earlier issued was to send a friendly warning that there were issues yet to be resolved,” he said.
NAMA’s Director of Human Resources, Dr Uwem Akangson, who represented Mr Nnamdi Udoh, the agency’s managing director, said the meeting was necessary due to communication gap between the management and unions.
“This had made it difficult to appreciate the extent of achievement on the implementation of the new salary package for the workers,” he said.
Business
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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.
