Business
Nigeria’ll Retain Category One Safety Status – NCAA
The Director-General, the Nigerian Civil Aviation Authority (NCAA), Capt. Muhtar Usman, has expressed optimism that the country would retain its Category One status it attained in 2015.
Usman expressed his optimism while briefing newsmen in Lagos, Monday.
He explained that the United States Federal Aviation Administration (FAA), had commenced a five day re-assessment of the Nigerian aviation industry to know its level of compliance with international best practises.
The Tide source reports that Nigeria had attained the Category One status since 2010 and also retained it in 2015 after a comprehensive audit of the industry.
Usman noted that the FAA four-man team was led by Mr Louis Avrez, International Technical Support, William Amoz, Aviation Safety Inspector, Benjamin Garrido, Frontline Manager, Airworthiness and L.P. Vanstory Ill, International Affairs.
He explained that the team would focus its audit on Personnel Licensing, International Operations and Airworthiness, assuring that the agency was fully prepared for the audit.
According to him, the team would be in the country for the next five days and after the exercise they will make their observations known through a report to the authority.
“NCAA has done a lot in the areas that we are expected to cover and not only for this audit, in our statutory responsibilities, safety, aviation security and also regulations.
“We have the new civil aviation bill, which is on its way to the National Assembly.
“The bill is to enhance the current Act of 2006 and it’s supposed to be in line with the new annexes of the International Civil Aviation Organisation (ICAO) Convention.
“We have also amended our regulation, which is 2015 Civil Aviation Regulation,” he said.
Usman said the authority had embarked on reorganisation of its operation to ensure it continues to discharge its responsibilities as it should be, which would be in line with ICAO.
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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