Business
SON Tasks Firms On ISO 9001
The Standards Organisation of Nigeria (SON) on Tuesday called on yet-to-be certified business organisations to get the ISO 9001 certification as a launch pad to the global market.
The Director-General of SON, Dr Joseph Odumodu, made the call in Lagos at the certification of Marine Platforms Ltd, Apapa.
“The challenges of globalisation, including its attendant ease of movement of goods and services across borders, have made the acquisition of competitive edge inevitable.
“Any company that wants to remain relevant in the market place will have to work hard to satisfy not just current needs but future anticipated needs of the customer,” he said.
Odumodu said that embracing the management approach which drove effective performance would enable Nigerian businesses access global markets in their various areas of operation.
He commended the efforts of the management of the company in getting the NIS ISO 9001: 2008 certification, adding that it was a quest for quality service provision.
According to him, it is also relevant in current competitive global market which must not stop.
He said that the NIS ISO 9001: 2008 Quality Management System framework provided a globally recognised and acceptable solution to the challenges associated with quality management and a key to successful business results.
Odumodu said that the company would be placed on six months surveillance audits to ensure continuous sustenance of the standards it attained which qualified it for the certification.
Odumodusaid the audits would be done for three consecutive years and stressed that the certification could be retained if the company maintained the standard but would be withdrawn if it failed to sustain it.
In his address of welcome, the Chief Executive Officer of the company, Mr Taofik Adegbite, said that the occasion was unique.
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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