Business
NCAA Audits Foreign Airlines On Nigerians’ Employment
Chairman of the House of Representatives Committee on Aviation, Honourable Nnolim Nnaji, has said that foreign airlines operating in the country will be subjected to audit in order to ascertain the number of Nigerians they employ as their cabin staff and technical crew.
Noting that the audit would be done through the Nigeria Civil Aviation Authority (NCAA), he said if discrepancies are found, necessary rps will be taken to correct it.
“If it is discovered that Nigeria is being shortchanged in any way, we will not allow it”, he stated.
The Committee’s Chairman also tasked foreign airlines to employ Nigerians as cabin crew members and other positions, in accordance with relevant laws.
Nnaji, who disclosed this in a statement in Abuja said, “The parliament would also be interested in finding out the percentage of their tickets that are sold by local travel agents and at what commission.”
He stated that the country had been over generous to the airlines with unrestricted access to the Nigeria travel market, an act which they (foreign airlines) “must reciprocate by engaging indigenous pilots, engineers and licensed cabin crew into their technical staff.
“Most of the foreign airlines are granted multiple entry points into the country, so as representatives of the people we will be interested in knowing how such gestures reflect on our economy and labour force.
“It is equally important that we know the percentage of their tickets that are sold by our local agents so that we ensure that what obtains in other climes are same here,” Nnaji stressed.
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.
Business
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