Business
NAMA Gives Ultimatum On Telecoms Masts Removal
The Nigerian Airspace Management Agency (NAMA) has given a four-week ultimatum to owners of telecommunication masts installed near airports without its permission to dismantle them or face appropriate sanctions.
The General Manager, Public Affairs of the agency, Mr Supo Atobatele, said this in a press statement on Tuesday in Ikeja that the agency has engaged the services of Seas Electrical and Computer Services Ltd. to effect the pulling down of affected structures at the expiration of the ultimatum.
“The firm has been mandated, not only to identify and report, but also to reduce height or dismantle as applicable,” he said.
The official said that the removal of the masts was part of efforts to enhance air safety, and that it became imperative because of the danger posed by the structures to air navigation.
Atobatele noted that NAMA was empowered by Section 7(1) c and d of Act No. 48 of 1999, which established the agency, to prohibit and regulate installation of structures that could affect air navigation.
He said the section empowered NAMA to “prohibit and regulate the installation of any structure which, by virtue of its height or position, is considered to endanger the safety of air navigation”.
The General Manager said that anyone intending to erect telecommunication masts, hoist balloons, construct hangers or other high-rise structures within the Nigerian airspace was required to obtain Aviation Height Clearance Certification/No Objection from NAMA before commencement.
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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