Business
PH Airport: Accredited Car Hire Operators Clamp Down On Bolt Operators
The Accredited Car Hire Operators at the Port Harcourt International Airport, Omagwa, have come down heavily on the Operators of the Bolt Corporate Taxi Operators, tagging them as Intruders to airport commercial transport system.
The Tide gathered that the reason for such clampdown on Bolt operators was because of the huge amount each member of the FAAN accredited car hire pays every year to do business at the airport, where as, some of them don’t get passenger for some days.
It was also gathered that the Bolt operators, always carried passengers from town to the airport, and at the same time pick arrival passengers from the airport, at a cheaper rate, where as they pay nothing to the airport.
The Tide observed that those commercial operators that come from outside the airport, are on daily basis humiliated, as their vehicle will be trapped, if they venture to carry any arrival passenger.
One of the FAAN accredited car hire operator, Mr Gbenga Olumide ,when speaking to TheTide on the issue, explained that they are not happy that another outside corporate taxi operators will be coming to the airport to spoil their business.
According to him, each car hire operator pay the sum of #1.8 million every year to do business at the airport, and that they are so much in number that some of them, through the method of turn-by-turn system, have stayed days without any business.
“If Bolt want, they can come and register, and pay to FAAN as we have been paying, and operate freely. How can we pay such huge sum, and allow them to come here and spoil our business.
“ Some of them will charge as low as three thousand naira, on a journey we charge #5,000 to #6,000. We know how to trap them through data, he said.
Meanwhile, the chairman of the association could not be reached, but the immediate past chairman, Mr Clifford Wahunoro said that Bolt operators were Intruders that wants to reap where they did not sow.
He agreed that members of the car hire pay high service paid to the airport, and would charge allow outsiders who pay nothing, to come and spoil their business.
By: 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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