Business
SON Trains 60 Staff To Improve Service Delivery
No fewer than 60 staff of the Standards Organisation of Nigeria (SON) are undergoing Alternative Dispute Resolution (ADR) training to improve their service delivery.
The Director-General of SON Mr Osita Aboloma, declared the training open in Enugu yesterday for its staff in the 17 states of the Southern part of the country.
Aboloma, represented by Mallam Usman Abdullahi, Director of Human Resources Management of SON said that the training was meant for SON officials to relate well with Nigerians in the discharge of the agency’s mandates.
He noted that the training would make staff to be professional and live above rudimentary mistakes in discharge of their daily duties.
“The essence of this training is to improve the capacity of staff to deliver quality services and improve their relationship skills as they discharge their daily duty.
“The training aims at exploring other avenues to solve issues that concerns enforcement of standards without necessaryly going to the formal law courts.
“The SON Act as amended had given SON the mandate to prosecute those that goes against its mandate.
“However, we feel that there should be other avenues apart from the courts that SON can easily achieve the agency’s mandate.
“So, on this premise, SON is partnering with the Institute of Chartered Mediators and Conciliators (ICMC) to train some of its staff on Alternative Dispute Resolution (ADR) ,’’ he said.
According to him, the training will be very beneficial both to the enforcement and office staff of the agency.
Also speaking, Ambassador Victor Ojaide, a facilitator of the training, noted that the training would equip SON staff on the skills for effective and objective ADR practice.
Ojaide, who is also the Vice President (Training) of ICMC, said that the training would provide tools to understand how to bring parties closer to settle issues in a harmonious manner.
“The ADR lessons will equip them on how to deal with issues and win trust and public confidence even as they discharge their duties.
“The training will teach better ways of approaching issues and people even as they carry out their official mandates,’’ he said.
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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