Business
CPC Tasks Agencies On Airlines’ Audit
The Consumer Protection Council (CPC) has called on regulatory agencies to conduct thorough audit on airlines to ensure safe operations and passenger satisfaction.
The Director-General of CPC, Mr Babatunde Irukera, said this in a statement issued last Friday in Abuja.
Irukera’s call followed an emergency landing of Arik Air Flight W3304 at Kotoka International Airport, Accra, Ghana on Tuesday evening.
“On March 6, Arik Air Flight W3304 departed Murtala Mohammed International Airport, Lagos (LOS) for Kotoka International Airport, Accra at approximately 19:15hrs for a 55-minute flight.
“The flight was operated by a Dash 8 Q400 turbo propeller aircraft.
“Close to arrival and approximately 81 miles from Accra, passengers reported smoke in the cabin of the aircraft.
“The captain confirmed that there was smoke in the cabin from an unknown source, but secured the operation of the aircraft and declared an emergency and landed the aircraft in accordance with emergency landing procedures,” Irukera stated.
He, however, said all the passengers and crew disembarked safely and ultimately received their baggage.
Irukera urged relevant aviation authorities to ensure full compliance with local and other applicable consumer protection laws, regulations and protocols particularly, but not limited to the Nigerian Civil Aviation Regulations Part 19.
The CPC boss acknowledged efforts of the Nigerian Civil Aviation Authority (NCAA) in this direction, insisting that the efforts should be reinforced to avoid incidents in the sector and to sustain consumer confidence.
“Although, there have been reported accidents in world aviation in recent times and incidents in Nigeria, CPC understand that NCAA is exercising additional scrutiny and precaution to continue to ensure safe operations and passenger satisfaction.
“CPC welcomes this assurance, while underscoring the importance of such efforts to avoid incidents and sustain consumer confidence in the sector,” he added.
He said the commission understood that Ghanaian aviation authorities had been notified and were in charge of inquiring into and investigating the incident, adding that the aircraft remained on ground in Accra.
Irukera also commended the Federal Executive Council (FEC) for its unprecedented attention and action in directing a safety audit of a domestic airline involved in an incident.
He, however, advised consumers to always “exercise their rights by demanding and insisting on appropriate services and providing timely information to relevant authorities in the event of irregularities.”
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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