Business
Aviation College Pledges To Meet Global Standard
The Rector of llorin lnternational Aviation College, Captain Abdul Mumini Abdulkareem on Saturday reaffirmed the resolve of the institution to meet up with global aviation standards.
Abdul Kareem gave this assurance in llorin while speaking with newsmen.
He said the college was embarking on measures to meet global aviation standards in collaboration with formidable international aviation colleges across the world.
The rector said that having been adjudged as one of the leading aviation colleges in Africa, it would continue to follow the laid down standards in the industry to sustain its pedigree.
Abdulkareem said that its second stream of graduates were in the process of getting their operational licences.
He said that the first set of graduates, who have all been gainfully employed, have been a great asset to the country’s aviation industry.
The rector said that the Aviation College is the only institution that boasts of an effective postgraduate course evaluation, which helped in improving on its quality of service.
Abdulkareem said that with its level of infrastructure development and availability of modern training aircraft, the college would continue to raise its rating internationally.
He said that the aviation sector was a relatively risky one, but pointed out that there were viable mitigating measures to ensure the safety of the Nigerian airspace.
The Chief Executive of the college commended the Kwara Government for its level of investment in the institution.
He called for private-public partnership to help build the capacity of Nigerian youth who had enthusiasm in the industry.
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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