Business
Airlines Ration Flight Operations At PH Airport
It has been an uneasy task for airline operators at the Port Harcourt International Airport, Omagwa, in terms of daily flight, since the persistence of scarcity of aviation fuel, as they now embark on daily rationing of flights to meet up.
The Tide observed that almost all the airlines, apart from the Dana Airline, whose operations have been suspended by the Nigerian Civil Aviation Authority (NCAA) recently, have cut down on their daily flights.
The Ibom Air that used to operate double flights daily for both Abuja and Lagos, now operates single flight from Lagos to Port Harcourt, while Airpeace dropped from two to one daily for both Abuja and Lagos to Port Harcourt.
The Max Air and the Arik Airline operations appear to be a bit stable on the Port Harcourt/Lagos route, whereas the Abuja side flights movement had dropped.
Apart from the rationing of flights, these airlines also record unprecedented delay in operations, as flights now hardly arrive or depart on the appropriate time of schedule, a situation which had kept passengers worried and murmuring.
Reacting to this development in an interaction with The Tide, one of the officers of the Max Airline (name withheld) said the problem of getting the avaition fuel, otherwise known as the ‘Jet A1’, has become a nightmare to airlines.
“It is really difficult to get aviation fuel. Apart from the fact that the price per litter has gone so high to as much as N830, it is scarce in Abuja. That is why they go on to queue in Lagos, where it is more available.
“The previous day, our flight arrived early, because we got fuel quickly. But today it was late because of the same issue of getting Jet A1, and it has affected the luggage we carry, since the flight will take sufficient fuel to enable it go round.
“It’s not been business as usual, the scarcity is affecting flight movement, and at the same time causing delay and rationing of flights”, he said.
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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