Business
Board Inducts 247 New Members, Registers 19 Firms
President of the Quantity Surveyors Registration Board of Nigeria, (QSRBN) Malam Husaini Dikko, last Wednesday inducted 247 new professionals and 19 newly registered practising firms.
Dikko said at the induction ceremony and the maiden edition of the Quantity Surveyors Professional Clinic on Ethics and Values, said the number, brought the number of registered quantity surveyors to 200 and practising firms to 150.
He urged the members to use the available opportunities in the profession to enhance the nation’s growth and development.
According to him ethics, values and integrity are critical factors in professionalism, without these three there can be no professionalism.
“You must, therefore, strive to earn and sustain the trust and confidence of all those, who use your services,’’ he said.
Dikko also urged them to build their reputation on prudent and expert management of the resources of their clients.
He stressed the need for surveyors to assist the government in fund management in the building and construction sector of the economy
“The transformation agenda of the Federal Government, which is anchored on our national vision 20:20:20 imposes a lot of responsibilities on registered quantity surveyors.
“As a registered quantity surveyor, we must assist the government in prudent management of funds in the building and construction sector of the economy
“In this way we can plug the current loophole and checkmate antics of those, who exploit ignorant decision makers to inflate project cost in Nigeria,” he said.
He urged the inductees to take the oath of duty as a golden rule at all times in their professional activities as registered quantity surveyors.
Dikko warned against sharp practises by unqualified members.
“We are not unaware of the presence of some persons, especially non–Nigerians, who are practising as quantity surveyors in Nigeria in clears violation of the Act setting up the board.
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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