Business
US Experts Arrive Nigeria For Aviation Sector Re-Certification
The United States Federal Aviation Administration (FAA) has commenced the re-certification of the Category 1 status of the nation’s aviation sector at the Nigerian Civil Aviation Authority (NCAA) in Lagos.
The General Manager, Public Relations, NCAA, Mr Sam Adurogboye, who disclosed this in Lagos last Sunday, said that the exercise that started August 21 would end August 25, 2017.
Adurogboye in a statement said that the exercise usually called International Aviation Safety Assessment (IASA) audit was last conducted in 2015.
The Tide reports that the IASA audit affords the FAA the opportunity to determine whether another country’s airline had complied with the safety standards established by the International Civil Aviation Organisation (ICAO) to fly into the U.S., or can code-share with a U.S. air carrier.
Adurogboye said that a four-man team from the FAA had arrived in the country for the audit.
According to him, the members of the team are Louis Alvarez, Team leader, L.P. Vanstory, Operations Specialist, Benjamin Garrido, Airworthiness Specialist and Jeffrey Klang, Attorney.
Adurogboye said the officials would assess the country’s aviation law, regulations and oversight capability in accordance with the eight critical elements as defined in ICAO document 9734.
“These will include legislation, regulations, organisation, technical staff, quality and training.
“Others are: the technical guidance, tools, licensing, certification, continuous surveillance and resolution of safety concerns,” he said.
Adurogboye added that during the assessment, the team would visit Medview Airline to assess its operations and maintenance section.
He said that the team would hold a debriefing session on is findings at the headquarters of the NCAA in Lagos.
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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