Business
Airlines Face Low Flight Traffic Operations
Flight traffic at the Port Harcourt International Airport, Omagwa has drastically reduced as some airlines that ran four flights schedule to and from Abuja on daily basis, now operate a single flight in a day to the nation’s capital.
The Tide’s check on the flight operations of some airlines revealed that the major cause of the low flight traffic at the airport was due to the air unworthiness of some aircrafts.
Findings have shown that the Air Peace airline that used to have busy flight schedule at the airport, especially on Abuja route, is now struggling to operate one daily flight to Abuja.
Other airlines like Arik and Aero Contractors that used to have a good number of flights on both Abuja and Lagos routes, have also restricted their operations to one daily flight to Abuja and twice daily on Lagos route.
For the Dana airline, it now operates one daily flight from Lagos, and one from Abuja to Port Harcourt, with much records of delay.
Last Friday which was Easter Friday, Lagos bound Dana airline passengers were delayed for three hours due to a fault in the Dana aircraft.
Meanwhile, the Max Airline that is still young in operations at the Port Harcourt airport seems to be the only consistent airline, both on schedule and flight traffic.
A protocol officer with a maritime firm in Port Harcourt and a business operator at the airport, Mr Clinton Wele, described the Max airline as the only airline that is currently keeping Port Harcourt airport lively.
Efforts to speak with the Dana airline station manager, Mr Francis Ofangba, was not successful, but one of his staff who would not want his name mentioned, told The Tide that the airline was currently facing maintenance challenges.
He, however, said that the issue was not peculiar to Dana airline alone, but a general challenge facing most of the airlines in the country since the outbreak of Covid-19 pandemic.
He noted that only few aircrafts on the fleet of many airlines are now in operation in the country, adding that the situation has created room for incessant and unusual hike in air ticket at the nation’s airports.
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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