Business
Arik Air Introduces New Timings On Lagos Lagos-Johannesburg Route
Arik Air yesterday said it
has introduced new summer timings on the Lagos-Johannesburg route.
The airline also announced that the baggage allowance on the route had been increased for both Premier and Economy Class passengers.
This is contained in a statement issued by its Communications Manager, Mr Ola Adebanji, in Lagos.
“With the new timings which came into effect on June 15, outbound daily flights now depart the Murtala Muhammed International Airport, Lagos at 1:30 pm (local time). It arrives into the OR Tambo International Airport, Johannesburg, at 8:40 pm (local time).
“Inbound flights leave Johannesburg at 11:15 pm (local time) and arrive in Lagos at 4:30a.m. the next day,” the statement said.
It said that for the new baggage allowance, the Premier and Economy class passengers from Lagos to Johannesburg could carry three pieces of luggage each.
The statement also said that premier passengers would be allowed maximum weight of 32kg per piece and Economy passengers 23kg per piece.
According to it, the advantage of the new timings is that it offers better connections from Arik Air’s regional and domestic points to Johannesburg.
It said, “Abuja and Port Harcourt passengers have multiple daily connection o.
“Similarly, the new timings offer Dakar, Banjul and Luanda passengers same day connections in both directions, while passengers travelling to Cotonou and Douala via Lagos have same day connection off inbound Johannesburg flight.”
The statement said that domestic and regional South African markets would also benefit from the new timings as they could now connect same day to the Johannesburg-Lagos service.
“Times are changing for passengers flying from West to South Africa. Their request for better connecting times has now been addressed.
“We are a customer-oriented airline and we go the extra mile to ensure that our guests have value for their money,” the statement 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.
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