Business
Stakeholders Want NCAA To Regulate Travel Agencies
Stakeholders in the aviation industry have called on the Nigeria Civil Aviation Authority (NCAA) to ensure strict regulation of travel agencies operating in the country.
They made the call at the Quarterly Business Breakfast Meeting organised by the Aviation Safety Round Table Initiative in Lagos, yesterday.
The theme of the meeting was “Nigerian Travel Agencies’ Challenges and Regulations.”
The President of the National Association of Nigerian Travel Agencies (NANTA), Mr Bernard Bankole, said the regulations would checkmate the excesses in the sector.
Bankole said that foreign travel agencies had infiltrated the business in the country without registering with the association and NCAA.
He said its members might go out of business if nothing was done to stop activities of unregistered agencies in the market.
The NCAA’s Director of Air Transport, Group Capt. Edem Ita (Rtd), advised all intending travellers to stop patronising unregistered travel agencies.
Ita said this was due to the recent increase in reports of fraudulent ticketing practices by unregistered travel agencies.
“The Nigeria Civil Aviation Regulations (Nig.CARs) 2015, Part 18.9.1 (111), prohibits the undertaking of the business of travel agency by any unregitered person in Nigeria.
“This is without a Certificate of Registration or Licence issued by the Authority, upon fulfillment of certain requirements, including, that an applicant submits evidence of membership of National Association of Nigeria Travel Agents (NANTA).
“In addition, Section 30 (4) of the Civil Aviation Act, 2006 empowers the Nigerian Civil Aviation Authority to regulate, supervise and monitor the activities of travel agents in Nigeria,” he said.
Ita said the regulator had, therefore, found it mandatory that all travel agencies must be registered with the NCAA and NANTA.
“The International Air Transport Association (IATA) has about 600 travel agents while NANTA has 200 members while NCAA has only 157 registered members in our record.
“This gathering is a wake up call for every travel agent operating in the industry to register with the regulator and NANTA,” he said.
Ita said NCAA had directed all duly registered travel agencies to display their certificates of registration or licences in all their outlets to check the sharp practices by unregistered travel agencies.
The Chairman, Med-View Airline, Alhaji Muneer Bankole, said there was need for NCAA to closely monitor the operations of travel agencies in the industry.
He said that apart from issuing licences to them, NCAA must look into the operation to ensure effective regulation of the travel agencies.
Bankole argued that travel agency business had remained an important business for those who wanted to survive in the business.
He said that their operations had been dwindling due to improper regulation of the business.
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
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports4 days agoTinubu Lauds Super Eagles’ after AFCON bronze triumph
-
Sports4 days agoAFCON: Lookman gives Nigeria third place
-
Sports4 days agoFulham Manager Eager To Receive Iwobi, Others
-
Sports4 days ago“Mikel’s Influence Prevent Some Players Invitation To S’Eagles Camp”
-
Sports4 days agoMan of The Match award Excites Nwabali
-
Sports4 days agoRemo, Ikorodu set for NPFL hearing, Today
-
Sports4 days agoPolice Games: LOC inspects facilities in Asaba
-
Niger Delta4 days agoINC Polls: Ogoriba Pledges To Continuously Stand For N’Delta Rights … Picks Presidential Form
