Business
FG Expands Facilities At MMIA Airport
The Federal Government says it has expanded facilities at the international terminal of the Murtala Muhammed International Airport, Lagos, with the extension of B and D arrivals and departure gates.
There are also ongoing massive expansion work at the top of the terminal as airline lounge, transit lounge and other facilities are being built.
On top of the existing fingers were added another floor, where departing passengers would pass through to the avio bridges in order not to mix with arriving passengers, a cardinal factor in the safety regulation of the International Civil Aviation Organisation (ICAO).
The new additions will enable easy movement of passengers and establish the Lagos airport as a regional hub, as passengers travelling to different parts of the West and Central Africa would stay at the transit lounges and wait for their flights; the same with passengers coming from these destination and travelling to distant routes.
New screening machines have been installed at the airport and their remarkable feature is the ability to detect explosive materials and potential threat items real time with the lowest rate of fake alarm.
About 30 new immigration counters have also been introduced as against the previous nine, which will improve passenger facilitation as there will be quick response from the counters.
The extended departure consists of 14 Check-in counters, seven hand luggage x-ray machines and eight walk-through body scanners at the E finger. Spokesman of the Federal Airports Authority of Nigeria (FAAN), Mr Yakubu Dati, said that the expanded infrastructure is equipped with 11 toilet facilities for both male and female passengers as well as disabled persons.
He said the new extension comes with commercial offerings including shops and other business outfits, adding that the duty free shops would provide passengers the opportunity for last minute shopping refreshment and other convenient in line with global standards and recommended practices.
“The improvement in physical extension of the passenger handling area is by one and a-half times or 130 per cent more than its previous size.
Three new hi-tech conveyor systems have also been installed in this year. This has been easing the experience of passengers who now enjoy faster processing of their luggage and personal effects”.
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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