Business
INTELS Receives SON’s Quality Award
In a bid to recognise
the meaningful contributions made by the Integrated Logistic Services (INTELS) in the economic growth of the nation, the Standard Organisation of Nigeria (SON) has awarded a Re-validated ISO 9001: 2008 Quality Management System to the company.
Confirming the ISO award, Intels Business Process and Quality Representative, Churchhill Aribodor, said the ISO 9001:2008 is an internationally recongised business quality management system certification that would encourage Intels to continually improve its processes, monitor and increase its performances, manage risk more effectively and guarantee customer satisfaction, while complying with applicably statutory and regulatory requirements.
Aribodor noted that the quality system examination conducted by the regulator Standard Organisation of Nigeria (SON) recognised the fact that the success story of Onne Ports cannot be completed by industry stakeholders and watchers without a mention of Intel’s Nigeria Limited.
It would be recalled that the President of the Federal Republic of Nigeria, Dr. Goodluck Jonathan, in 2010, while commissioning newly completed landmark ports facilities and foundation laying for further projects at the Free Zone declared the facilities at the Oil and Gas Free Zone, Onne Port as being of world class standard.
The Tide gathered that the ISO 9001:2008 award has validity of three years from date of issue and would be formally presented to the company at a later date by the management of SON at the company’s Headquarters at Onne port, Oil and Gas Free Zone.
Also, that Intels as one of the world’s largest Oil and Gas logistics-based companies is embarking on another essential project to support the Nigerian Oil and gas content act.
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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