Business
Chanchangi Begins Yola Flight Operations
Chanchangi Airlines Ni
geria Ltd., last Sunday commenced daily flight operations from Lagos to Yola International Airport, Adamawa, with an impressive turnout of passengers.
Mr Olu Balogun, the Group Public Relations Manager of the airline, told newsmen in Lagos during the inaugural flight, that Yola route remained viable for the airline.
He said that the operations became inevitable as a result of the acquisition of a Boeing 737-500 aircraft.
Balogun said the airline would start flight operations at Port Harcourt International Airport before the end of September, adding that another aircraft of the airline would arrive in November.
He said that a number of passenger-friendly services would be introduced as part of measures aimed at repositioning the airline to meet future challenges.
Balogun thanked all the agencies and management team of the airline for their understanding during the its trying period.
Mr Bashir Adamu, Acting Head of Operations, Yola International Airport, said that the airline had brought more revenue to the Federal Airports Authority of Nigeria (FAAN).
He said that the airline had also brought succour to air travellers in the region.
Adamu urged the management of the airline to regularly schedule flights to Yola International Airport, so that passengers would have confidence in its operations.
He also advised other airlines to schedule flights to Yola Airport as a result of the high passenger traffic on the route.
Reports say that Arik and Med-View airlines also operate scheduled flight operations into the Yola Airport.
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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