Business
FAAN Unveils Lagos Runway Safety Team
The Managing Director
of Federal Airports Authority of Nigeria (FAAN) Mr Saleh Dunoma, has inaugurated the Lagos Runway Safety Team in compliance with Resolution A37-6 of the International Civil Aviation Organisation (ICAO).
Information about the inauguration is contained in a statement issued by FAAN’s General Manager, Corporate Affairs, Mr Yakubu Dati, made available to newsmen in Lagos.
Dati said the inauguration took place recently during a meeting between the managing director and members of Lagos Runway Safety Team led by Mrs Ngozi Njoku.
He quoted Dunoma as requiring ICAO member states to equally implement appropriate measures to enhance runway safety.
According to him, the FAAN boss urged the team to ensure strict compliance with ICAO standards in carrying out its duties and encouraged it to ensure the certification of all airports in Nigeria.
Dati also quoted FAAN’s Director of Airport Operations, Capt. Henry Omeogu, as saying that the functions of the team included advising management on potential runway safety issues and recommending strategies for hazard removal.
According to Omeogu, other fuctions of the team included mitigating residual risk and ensuring strict compliance with ICAO standards in all operations.
On her part, Njoku, who is also the Deputy General Manager/Head of Safety Services Department at the Murtala Muhammed International Airport, Ikeja, solicited for Dunoma’s support.
She then presented the team’s needs which included operational vehicles, communication equipment, fully equipped office facilities, training and other logistic support to the FAAN managing director.
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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