Business
IATA Lauds Air Peace On Safety Standards
The International Air Transport Association (IATA) has commended West Africa’s leading carrier, Air Peace, for upholding high standards of safety in its flight operations.
The body’s Head of Account Management, West and Central Africa, Dr Samson Fatokun, gave the commendation while presenting the third IATA Operational Safety Audit, IOSA, Certificate to the Chairman of Air Peace, Mr Allen Onyema.
He congratulated the Air Peace team for achieving the feat and said that many airlines started the safety audit but were unable to complete it.
He said: “It gives me joy to present this certificate today because I know it’s the fruit of the painstaking effort of your team. Scaling through this third safety audit process is a testament to Air Peace’s commitment to maintaining high safety standards in its operations.
“IATA’s number one priority is that for any airline to pass the safety audit, its safety compliance must be a hundred per cent, and Air Peace has met this prerequisite.
“Many airlines are not able to achieve this because they don’t have the discipline and hard work which has consistently earned Air Peace this safety recognition. The certificate gives the airline a global recognition as a hundred per cent safety-compliant airline.”
In his remarks, Onyema affirmed that the IOSA certificate is something to be proud of, adding that Air Peace is becoming the emerging force in Africa’s aviation landscape.
He expressed gratitude to the IATA team and commended the entire Air Peace team for a successful safety audit.
He also assured that the airline would always align with global best practices and safety standards.
Business
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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.
