Business
Varsity Designs Aircraft With Car Engine
A Professor of Aeronautic and Astronautic Engineering of the of the Department of Aeronautic and Astronautic Engineering, Kwara State University, Prof. Leonard Daniel, has announced that students in the department are designing an aircraft that can fly using car engine.
Daniel made the announcement last week at the inaugural lecture of the university on Aeronautics and Astronautics in Nigeria.
The lecture is titled: “Aeronautics and Astronautics: The Paradigm Shift in Nigeria’s Space Exploration and Development’’.
He said that the team had employed a design and stimulation tool such as the American Computer-aided engineering software (Ansys), a software for finite element analysis (Abacus) and computer-aided engineering in its preliminary design evaluation of the future Aero Astro aircraft.
Daniel, who is the Provost, College of Engineering and Technology of the University, said that the students of the department had earlier designed an Unmanned Aerial Vehicle (UAV) which was demonstrated at an exhibition in Abuja.
He said that this was a milestone in the development of Aeronautic and Astronautic programme for the country.
He explained that with the advent of technological revolutions, the future aircraft would play an increasingly important part in lives than before, saying, “From silent, efficient global transportation to personal or on-demand flight that frees us from roads, and to autonomous air vehicles for delivery of information and goods, the future of flight promises to look very different from today.
“In partnership with our government and industrial sponsors, our aircraft design research team focuses on these enabling technologies and their application to future flight concepts.
According to him, the institution’s fundamental and applied research efforts in the area of autonomous system and controls focus on enabling greater levels of autonomy on land, sky and space.
“Our current applications of interest include robotic transportation networks, mapping and navigation in extreme environments, planning and control for agile robotic systems, air traffic management, and space robotics,” he said.
On cyber safety for transportation, the aircraft expert noted that technology was being incorporated in road and rail transportation using UAV systems for cyber safety.
“Transportation is changing dramatically. Soon, cars will drive while the enclosed human snooze or send text messages “Train will slow and speed, certain that they alone occupy the underlying track.
“Airborne drones will fly confidently between buildings to monitor air pollution and odour in our cities,” the don said.
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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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