Business
AVSEC Enforces Restrictions Of Movement At PH Airport
It is no longer business as usual at the Port Harcourt International Airport Omagwa in terms of access to offices, as the Aviation Secretary (AVSEC) officials now enforces restriction of movement of those doing business and users at the airport.
The Tide has reliably gathered that the airport authority has taken such measures in compliance with the Federal Government’s directive on Executive Order, aimed at ease of doing business in Nigeria.
It was gathered that only airport staff on duty in uniforms are allowed access to designated places at the airport while those on off-duty are only allowed access with the approval of AVSEC.
Already, public announcments have been going on at the airport for about a week now, advising all staff at the airport to always put on their identity cards, or be disallowed entrance to offices.
Also, others who do business from office to office before now, no longer have such free access, as some were arrested and detained by the Aviation Security Officials.
Narrating her ordeal in a chat with The Tide at the airport, one of the money thrift operators, otherwise known as “Akawo”, Patience Edoma said she was on her usual business of collecting money from her customers before she was arrested and detained.
“Nobody told me that there is a new order. I was arrested and detained for nothing, my customers at the departure asked me to come as usual, but I was surprised on what happened that day”, she stated.
At the moment, AVSEC officials have been deployed, especially to special designated places to restrict movement, or arrest those it termed unauthorised movement.
Corlins Walter
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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