Business
Private Company To Handle FAAN Trolleys
The Federal Airports Authority of Nigeria (FAAN), has granted concession to a private company to operate its trolleys at the Nnamdi Azikiwe International Airport, Abuja.
The authority’s Head of Public Communication, Mrs Henrietta Yakubu, told newsmen that it would cost N400 to use a trolley.
“Passengers will no longer struggle to get a trolley although it is now charged at N400 per trolley with the service of a porter and N150 without a porter,’’ Yakubu said.
According to her, the concession is to improve services at the airport and encourage private-public partnership.
“The trolley service, which was formerly handled by FAAN, has been taken over by the private company.
“This is to ensure improved services, checkmate equipment malfunction and shortage of income.
“Passengers had complained bitterly over how they struggled to get trolleys for use at the airport due to their inadequacy and mishandling.
“We also realised that the trolley service was one of the things that project the image of any country as soon as an international passenger arrived at the airport.
“These are part of the reasons why the management changed the handler.’’
She said that FAAN management was yet to decide what to do with the 150 trolleys that were donated to the airports some months ago by some public-spirited individuals.
“The government has an agreement with the companies handling them on how to remit funds realised from their services to its coffers,’’ she said.
FAAN’s Regional General Manager (North Central), Mr Chris Bature, said in May that a passenger was expected to pay N150 for the use of a trolley.
FAAN recently received a donation of 114 new trolleys from the Family Worship Centre church in Abuja as part of the effort of providing trolleys to passengers at the nation’s various airports.
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.
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