Business
Executive Order: NAQS Seeks Modification Of FAAN’s Notice
The Nigeria Agricultural
Quarantine Service (NAQS) has called for the modification of the public notice issued by the Federal Airport Authority of Nigeria (FAAN) in its attempt at enforcing the Executive Order No. 001 of 2017 .
It would be the called that the Acting President, Prof. Yemi Osinbajo, had on May 18 signed three far-reaching executive orders expected to ease business, fast-track budget submission and promote made in Nigeria products.
The participating agencies include the Nigerian Police Force, Directorate of State Security, Quarantine Services, National Drug Law Enforcement Agency, Nigerian Immigration Services, Nigeria Customs Services, FAAN Aviation Security amongst others.
Coordinating Director of NAQS,DrVincent Iseghe,made the call while addressing newsmen in Abuja, on Saturday.
“The notice addressed to airlines and passengers, itemises and attempts to direct agencies of government on where they should be positioned at the airport during the discharge of their duties.
“This is at variance with paragraph 20 of the executive order and it was not addressed to any government agencies.
“The public notice by FAAN is an antithesis to the executive order it served and should therefore be modified especially as it concerns NAQS,”Iseghe told reporters.
He said that this has led to a situation at the international airports where NAQS officials have been forcefully removed from their posts at the departure and arrival terminals only to be confined to cargo terminal.
“The Executive Order says; MDAs at the airports shall within 30 days merge their respective departure and arrival interfaces into a single customer interface, without prejudice to necessary backend procedures.
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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