News
Aviation Unions Set to Shut Down Airports over Condition of Service

Four major aviation unions may withdraw their services if the much expected Condition of Services (CoS) being worked on, by the government is not implemented on time.

Air Transport Senior Services Staff Association of Nigeria (ATSSSAN), National Union of Air Transport Employees (NUATE), Association of Nigerian Aviation Professionals (ANAP), National Association of Aircraft Pilots and Engineers (NAAPE)/
The joint leadership of the union had already asked each of the unions to take their respective decisions and convey the same to the appropriate authorities as the various unions could no longer tolerate such an unwholesome circumstance.
It was gathered that there is likelihood of the unions withdrawing their services, especially if their demands for their reviewed CoS are not met in the coming weeks.
In a communique issued at the end of the Joint Action Committee meeting of ATSSSAN, NUATE, ANAP and NAAPE held at the ANAP Secretariat over the weekend, the unions lamented the seizure of the approval of the reviewed CoS of Aviation Agencies including the Nigeria Airspace Management Agency (NAMA), Nigerian Civil Aviation Authority (NCAA), Federal Airports Authority of Nigeria (FAAN) and Nigerian Meteorological Agency (NiMet), which have been due for over 7 years.
Part of the document read, “After thorough review of the unfortunate seizure of the approval of the reviewed CoS of Aviation Agencies, including NAMA, NCAA, FAAN and NiMet, which have been due for upwards of 7 years, as well as non implementation of the minimum wage/consequential adjustment since April, 2019 in all aviation agencies, save the Nigerian College of Aviation Technology (NCAT),the union has resolved that they have ran out explanation to their members as to the basis of the delay of the release of the CoS of the affected agencies.
According to the document jointly signed by the deputy general secretary, ATSSSAN, Comrade Frances Akinjole, general secretary, NUATE, Comrade Ocheme Aba, Secretary General, ANAP, Comrade Abdulrasaq Saidu, Deputy Secretary General, NAAPE, Comrade Umoh Ofonime, the affected workers have severally expressed their resolution not to continue to render services without valid CoS.
It further added that the leadership of the unions has approached government agencies, including the Federal Ministry of Aviation with very minimal results to the solution of the matter.
Earlier, Comrade Saidu had informed that ANAP will vigorously pursue the issue of workers Condition of Service (CoS) in 2022 to a conclusive end.
Speaking shortly after the joint meeting at his office at the Murtala Mohammed Airport on workers expectation in 2022, Saidu said the CoS has caused embarrassment to the unions and must be achieved this year in all the agencies in the sector.
Saidu, expressed the hope that all the unions in the industry this year, will speak with one voice to actualise this goal, adding that it has lingered for too long.
He noted that the main duty of the unions was to protect the working conditions of their members.
“Conditions of Service is very important, when you get approval, there must be a letter and by the Act, it’s the governing board of directors that is charged on day to day to approve the workers condition and promotion. It’s not vested in the ministry and the minister. He said in the absence of a board there will be an interim board.
Where is the interim board. So what is delaying them from writing letters and informing the chief executives of the state of the CoS?” Saidu asked.
He urged the Management of parastatals to appoint those that merit the appointment on the order of seniority and not to allow any vacuum.
Saidu advised the Chief Executives Officers of Aviation Agencies, not to encourage contract staff and also not to allow the retirees to come back as consultants.
He urged workers to be ready to fight for their rights this year as the unions were ready to protect them.
On airport concession, ANAP scribe said it was a failed project as there was nothing to be concessioned at airports.
He added that the concession arrangement will never work until the labour matters were resolved on concession by setting up the committee to discuss their issues.
Warning that the proposed concession should not be done like that of moribund Nigeria Airways, he said “To me, I don’t believe there will be a concession because I only saw that the minister wanted to be in the news so that people will think he is working. How do you concession when you took loan from China? We have presented our papers, we have met with the NASS, we have met with him and we told him but he is not listening and it’s not feasible. But we have told him, if you want to concession even if it’s Aso Rock, you can concession but people working there must be paid their entitlement.”
He said they have met more than three times to set up a committee on labour matters, insisting that those workers who have served to a certain period must be paid accordingly, while the cut off years of the pensioners must be taken care of.
News
Union Bank Secures Global Payment Data Security Certification

Union Bank of Nigeria has secured certification under the Payment Card Industry Data Security Standard (PCI DSS) version 4.0.1, a global standard for protecting payment card data.

The certification took effect on August 11, 2026, confirming that the bank’s systems for storing, processing and transmitting customers’ credit and debit card information meet stringent international security requirements.
PCI DSS certification is designed to reduce the risk of payment card data breaches and financial fraud while strengthening customer confidence in electronic payment systems.
The assessment covered key areas of Union Bank’s operations, including network infrastructure, card issuance, ATM and POS transactions, payment processing, reconciliation, settlement, chargebacks, dispute resolution and retail banking.
Union Bank was assessed and certified under the Service Provider category.
The certification process lasted a full year and involved quarterly assessments, with support from departmental, business and functional heads across the bank. Digital security firm Digital Encode supported the process, while the final independent audit was conducted by CyberCube, an accredited Qualified Security Assessor.
Yetunde B. Oni, Managing Director and Chief Executive Officer of Union Bank, said the certification demonstrates the bank’s commitment to protecting customer information.
“The security of our customers’ information is central to everything we do at Union Bank. This certification reaffirms that our payment systems and processes meet a rigorous global standard, and it reflects the discipline of colleagues across the Bank who work every day to keep customer data safe.”
The renewal also ensures that Union Bank maintains continuous PCI DSS certification, in line with the Central Bank of Nigeria’s requirement for banks to sustain compliance without interruption.
News
Access Holdings Sets New Benchmark in Nigeria’s Finance Talent Pipeline

New data from CFA Society Nigeria is reshaping how the country’s financial sector thinks about talent development, with Access emerging as the single largest source of CFA candidates in Nigeria, distinction industry watchers say signals a deeper shift in how leading institutions are building investment expertise from within.

In its Where Nigeria’s Finance Professionals Work series, published in a national daily, CFA Society Nigeria placed Access first among employers of CFA candidates nationwide, with 82 candidates enrolled in the programme, more than double the 38 recorded at the next-placed institution and well ahead of every other bank or financial services firm on the list.
Access also ranked second among employers of CFA charterholders, with 11 professionals who have completed all three levels of the Programme and met its experience and ethics requirements.
For an industry that has long measured itself by balance sheet size and branch count, the rankings point to a different kind of competition: one over who is building the deepest bench of certified, globally credentialed talent.
CFA Society Nigeria compiled the data from its Salesforce Membership Database as at June 2026, and described the exercise as a way of recognising employers whose people “bring rigour, integrity and global best practices into the workplace every day.”
Analysts following the sector say the outcome is notable less for the ranking itself than for what it suggests about talent strategy across Africa’s financial services industry. A single institution developing more aspiring charterholders than the rest of the market combined raises the floor for professional standards nationally, not just within one balance sheet.
Every candidate who advances through the CFA Programme adds to a shared pool of ethics-trained, analytically rigorous professionals that Nigeria’s capital markets, pension funds and asset managers all eventually draw from.
Access Holdings Group Chief Executive Officer Innocent C. Ike, commenting on the rankings, framed the achievement in terms of institution-building rather than recruitment: “Every candidate on that list represents our commitment to building institutions and professionals that endure.”
The remark echoes a broader thesis increasingly voiced by market observers, that talent depth, not scale alone, is what will determine which African financial institutions earn lasting global credibility.
That distinction sits at the centre of Access’s stated ambition to become the World’s Most Respected African Financial Services Group. If the CFA numbers are any indication, the Group’s route to that goal runs less through square metres of branch network and more through the calibre of the people sitting inside it, a bet that Nigeria’s finance professionals, and the institutions that will one day hire them, are already placing alongside Access.
News
NCAA to Introduce RFID Technology to Tackle Missing Luggages

Nigeria Civil Aviation Authority (NCAA) has announced plans to introduce Radio Frequency Identification (RFID) baggage tracking technology across domestic and international airport terminals to tackle the growing problem of delayed, misrouted and missing luggages

Michael Achimugu, director, Public Affairs and Consumer Protection, NCAA, disclosed this at a stakeholder engagement forum in Lagos.
Achimugu said the RFID-enabled system would replace the traditional barcode-based baggage tracking framework and provide airlines and passengers with real-time visibility of checked luggage from check-in to final collection.
According to him, the technology would improve baggage traceability, reduce mishandling and strengthen accountability across the baggage-handling chain.
Unlike conventional barcode systems, RFID technology allows baggage to be automatically scanned at multiple points without requiring direct line of sight, enabling real-time tracking of luggage throughout its journey.
Achimugu said issues involving short-landed, missing, lost or damaged baggage had remained among the major complaints from air travellers, alongside flight delays.
He said the introduction of RFID technology was therefore aimed at improving baggage-handling standards and restoring passenger confidence in the aviation sector.
The NCAA said the initiative also aligns with IATA Resolution 753, which requires airlines to track baggage at key points during the passenger journey.
The authority expects the technology to provide more accurate information on the location of luggage, facilitate quicker resolution of baggage-related complaints and improve the overall passenger experience.
The NCAA said the initiative would also strengthen accountability among airlines and other stakeholders involved in baggage handling at Nigerian airports.
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