Business
Agency Re-Enforces Packaging Standards For Imports, Exports
The Nigeria Agricultural Quarantine Service (NAQS) says it is re-enforcing the use of Solid Wood Packaging Materials (SWPM) such as crates, boxes, dunnages for containerised cargoes imported into the country.
NAQS’ spokesman, Dr Gozie Nwodo said in a statement that all SWPM must be accompanied with import permit from the Service.
The Tide source reports that the Federal Government relaxed the rule on palletisation policy in February 2018 but urged importers to comply with international standards and stacking prescription by original manufacturers of products.
Dunnages are loose materials used to support and protect cargo in ship’s hold.
“NAQS came up with SWPM following several queries and complaints from importers, exporters and other stakeholders regarding the issue of packaging materials for shipping.
“NAQS came up with SWPM because of the potential of serving as pathways for pests and diseases that can endanger the nation’s agricultural economy.
“All importation of SWPM must be accompanied with import permit from
NAQS or must have been treated and the treatment given stated on the International Plant Protection Convention (IPPC) markings and logo, ” Nwodo said.
According to him, all treated SWPM imported into Nigeria should carry IPPC marking or logo, stating the type of treatment administered (Methyl Bromide or Heat Treatment).
Nwodo said that already imported SWPM should be re-treated if to be either reused or recycled.
He, however, urged importers and exporters to contact NAQS for proper guidance.
The Federal Government relaxed the rule on palletisation policy in February 2018 but urged importers to comply with international standards and stacking prescription by original manufacturers of products.
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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