Abuja - The British High Commissioner to Nigeria, Dr Andrew Pocock, on Wednesday in Abuja commended Nigeria's apex bank for achieving the Information Security Management System (ISMS) certification.
Pocock gave the commendation at the Central Bank of Nigeria's (CBN) ISMS certification award dinner.
The envoy noted that CBN, being the first regulatory institution in Nigeria to achieve the International Organisation for Standardisation (ISO) certification, was a major achievement.
He said that the CBN could now be ranked with international organisations like the World Bank.
"The fact that the apex regulatory body has achieved this kind of certification is a huge confidence booster," he said.
Pocock said the volume of trade between UK and Nigeria would increase to eight billion pounds in 2014.
The Governor of the CBN, Mr Sanusi Lamido Sanusi, said that the adoption of the ISO certification would boost confidence of stakeholders in the way their sensitive information in CBN custody was being managed.
"It is our strategic focus to ensure that we manage our information in such a way that it will prevent information loss, unauthorised disclosure or compromise."
The Deputy Governor, Economic Policy, CBN, Dr Sarah Alade, said that getting certified was because of the commitment of the CBN in conjunction with the Banker's Committee, to transform the financial service industry.
The Managing Director, British Standard Institute, Mr Mark Bashan, said the ISO certification of the CBN showed credibility of the bank.
"This is an excellent achievement. It shows that it is working with globally recognised best practices."
The CBN was certified with the ISO 27001: 2005 version of the ISMS.