Business
Aviation Union Suspends Plan To Picket NCAA
The National Union of Air Transport Employees (NUATE), has suspended plan to picket the offices of the Nigerian Civil Aviation Authority (NCAA) over staff welfare issues.
NUATE’s General Secretary Olayinka Abioye confirmed the development to newsmen in Lagos yesterday.
Abioye said the protest, which would have began on Wednesday, was called off due to moves by the NCAA management to resolve issues raised by the union.
“The NCAA management has written to us to inform us that they have set up a committee to look into the issues raised and the committee is expected to submit its report in two weeks.
“So, on this basis, we have suspended our plan to picket the NCAA which would have started tomorrow (Wednesday),” he said.
Abioye said the union would await the outcome of the committee’s findings, and expressed optimism that it would favour the affected workers.
Our source reports that the union had on June 27 issued a one-week ultimatum to the NCAA demanding issuance of promotion letters to all staff who passed its last promotion exercise.
The ultimatum was contained in a letter signed by Abioye and addressed to the Director-General of the NCAA, Capt. Muhtar Usman.
The union had threatened to ground NCAA operations nationwide if its demand was not met.
According to the union, its stand was based on complaints, agitations and frustrations expressed by the affected workers.
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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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