Business
‘Over 60% Of Domestic Flights Delayed In 2018’
Domestic airlines operating in Nigeria recorded 36,350 cases of delayed flights between January and December, 2018, according to figures released by the Consumer Protection Department of Nigerian Civil Aviation Authority (NCAA).
A document issued by the department and obtained by newsmen, yesterday in Lagos showed that 59,818 flights were operated by nine airlines during the period under review.
The number of delayed fights represents 60.1 per cent of all flights, while a total of 544 flights were cancelled.
It said the airlines in operation were Aero Contractors, Arik Air, Air Peace, Azman Air, Dana Air, First Nation, Med-View, Overland and Max Air.
The document said Air Peace, which operated 22,055 flights, topped the chart of delayed flights with 14,067 and 137 cancelled flights.
It indicated that Arik Air followed with 8,073 delayed flights and 152 cancellations out of its scheduled 15,205 flight operations.
According to document, Dana Air operated 5,944 flights with 3,915 cases of delayed flights and 67 cancellations.
Azman Air recorded 3,242 and 49 delayed and cancelled flights respectively, out of the 4,944 flights operated by the airline during the period under review.
Also, Aero Contractors operated 4,361 flights with 2,459 delayed and 70 cancellations; Overland, 601 flights with 1,960 delayed and 29 cancellations; and Medview, 2058 flights with 1,256 delayed and 42 cancellations.
It showed that Max Air recorded 1,151 delays and five cancellations, out of the 2,205 flights operated by the airline.
Similarly, FirstNation Airways, whose licence has been suspended by the NCAA, recorded 137 delayed flights and three cancellations, out of 445 flights operated within the period under review.
However, the delays, according to the airlines were due to operational reasons, bordering on scarcity of aviation fuel as well as adverse weather conditions leading to low visibility at most of the airports.
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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