Business
FAAN Expresses Satisfaction Over Compliance With Safety Protocols
The Federal Airports Authority of Nigeria( FAAN) has expressed satisfaction over the level of compliance to all safety protocols and processes that were put in place by the authority during the Covid-19 pandemic.
The agency has also reassured airport users of better services in terms of safety, security and efficiencies in all of its operations.
Managing Director of FAAN, Capt. RabiuYadudu, in a statement made available to aviation correspondents on Monday, noted that there was over 90 percent compliance to all the safety protocols and processes that were put in place by the authority.
The FAAN’S chief executive explained that the year 2020 was very much demanding with the outbreak of Covid-19, but commended the efforts and commitment of staff, stakeholders and passengers for rising up to the occasion.
“We received letters of commendations and reactions on the social media expressing positive views on how we did very well in our activities and the cooperation was exemplary.
“We use this opportunity to call on our stakeholders to please maintain the same amount of commitment and dedication to ensuring that our protocols laid down to protect every one against the Covid-19 is observed and protected, so that the aim is achieved.
“Once there is compromise, it undermines confidence in our operations and it erodes confidence in aviation.
“Not only FAAN, but airlines, various handlers, shops operators and everyone and all aspects will take a heat and blow from it.
“We assure airport users of the safety of their activities across our airports because we have given our staff the best trainings to operate in any condition.
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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