Business
NATCA Backs Anti-Graft Campaign In Aviation Industry
The Nigerian Air Traffic
Controllers Association (NATCA) has given its backing to the Federal Government’s campaign against corruption and impunity in the aviation industry.
The association made this known in a statement signed by its President, Mr Victor Eyaru, which was obtained by The Tide source yesterday in Lagos.
The statement said the impunity and corrupt practices which had bedevilled the sector for several years must be curbed for Nigeria to become an aviation hub.
It commended the recent arrest of some top officials of the Nigerian Airspace Management Agency (NAMA) by operatives of the Economic and Financial Crimes Commission (EFCC) over alleged corrupt practices.
According to the statement, the anti-graft agency should ensure that all monies allegedly siphoned by the suspects involved are recovered and returned to the coffers of NAMA.
“Thereafter, the guilty should be punished according to the law so as to serve as deterrent to others,” it added.
The statement also urged the EFCC to extend the probe into some failed projects executed by NAMA such as the Total VHF Coverage of Nigeria as well as other aviation agencies.
It advised the government to immediately appoint, in acting capacity, a very competent person as Managing Director of NAMA, pending the conclusion of investigation of the embattled Managing Director, Mr Ibrahim Abdulsalam.
The statement said: “This is to stem the ongoing leadership crisis due to appointment of two persons as Acting Managing Director within a week and in the interest of air safety.
“NAMA is a very strategic agency that should not be headed by anyone without both technical knowledge and proven administrative expertise in Air Navigation Service Provision (ANSP) under whatever circumstance.
“This is to avoid any costly decision that could compromise air safety and spell disaster for the whole country.”
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.
