Business
ART Tasks FG On Airport Security
The Aviation Round Table (ART) has called on the Federal Government to embark on an active aerodrome security patrol and biometrics screening of passengers and cargo into the country, through the airports.
National President of ART, Capt. Dele Ore (rtd), said this while briefing newsmen in Ikeja.
Ore said that terrorism was rampant in the World today and that Nigeria’s national border areas, particularly the airports, could be prime targets.
“This process needs to incorporate advanced passenger manifest as being done in many countries around the world, in pursuit of national security, stressing that Nigerians arriving in the country must not be subjected to unnecessary arrival immigration formality or protocol.
He said that the private sector could play an important role in providing some new investment, through Public Private Partnerships in the aviation sector.
“Private sector must continue to participate in airport development, under concessions that are transparent and honoured by the aviation agencies and Federal Ministry of Aviation.
“Many years of under – investment and poor maintenance have left Nigeria with a significant infrastructure deficit, which is holding back the country’s development and economic growth.
“Nigeria needs to make massive investments beyond the means available to government in order to close its infrastructure gap,” Ore said.
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
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