Former Commissioner for Tertiary Education and Executive Director (Finance) of the North Central Development Commission (NCDC), Prof. Muhammad Bashar Nuhu Tachi, has called on members of the All Progressives Congress (APC) to actively participate in the party’s ongoing mass e-registration exercise. Prof. Tachi described the exercise as a critical step towards strengthening the party’s internal structure and promoting inclusive participation at all levels. He made the call in Kuta, Ubandoma Ward, while personally undergoing the e-registration process, following an appeal by the national and state leadership of the party. According to him, the exercise will determine the eligibility of members…
Author: Abdoulaye Kay
The World Bank has approved $50 million to expand solar-powered agricultural infrastructure in Nigeria and five other African countries, in a bid to boost farm productivity, reduce post-harvest losses and deepen access to clean energy. The funding, disclosed through programme updates involving the World Bank and its partners, including the Rockefeller Foundation, will support the deployment of solar-powered cold rooms, refrigerators, irrigation pumps and grain mills across Kenya, Nigeria, Ethiopia, Sierra Leone, Uganda and the Democratic Republic of Congo. Implementation will be led by Clasp, a Washington DC-based non-profit organisation focused on energy efficiency and clean energy access, according to…
The United Nasarawa State Women for Sustainable Development has called on the Minister of Women Affairs, Imaan Sulaiman Ibrahim, to intensify efforts to promote women’s empowerment across Nasarawa State. The group made the appeal during a courtesy visit to the Minister’s office on Friday, where it also presented her with its “Trailblazers Award of Excellence” in recognition of her leadership and advocacy. Speaking on behalf of the delegation, the group’s leader, Asmau Oyanki, said the Minister was the first recipient of the award, describing her as a role model for women across the country. She urged the Minister to deploy…
The Presidency has affirmed that Rivers State Governor, Siminalayi Fubara, is the recognised leader of the All Progressives Congress (APC) in the state, insisting that former governor Nyesom Wike is not a member of the ruling party. The Special Adviser to President Bola Tinubu on Policy Communication, Daniel Bwala, clarified Channels Television’s Hard Copy programme amid the deepening political crisis in Rivers State, which has escalated into impeachment proceedings against Governor Fubara by members of the State Assembly. Bwala aligned with the position earlier stated by the APC National Chairman, Nentawe Yilwatda, stressing that party leadership in Rivers rests squarely…
The Central Bank of Nigeria (CBN) has announced plans to introduce new regulations on debit card issuance and Automated Teller Machine (ATM) operations in a move to reduce congestion and improve cash access across the country. The proposed policy is designed to address persistent challenges in the banking system, including long queues at ATMs, frequent machine breakdowns, and uneven cash availability, which have continued to frustrate customers despite the growth of electronic payment channels. Under the new framework, banks will be required to align the number of debit cards they issue with the capacity and distribution of their ATM networks.…
Nigerian banks recorded an increase in loan defaults by households and businesses in the fourth quarter of 2025, reflecting mounting repayment pressures amid challenging economic conditions. This was disclosed in the Central Bank of Nigeria’s (CBN) Credit Conditions Survey (CCS) Report for Q4 2025, which showed higher default rates across both household and corporate loan segments during the period. According to the report, defaults rose on secured and unsecured household loans, as well as across all major categories of corporate lending, including facilities extended to small businesses, private non-financial corporations (PNFCs) and other financial corporations (OFCs). “Lenders reported higher default…
Nigeria recorded N11.92 trillion in equities transactions in 2025, the highest annual turnover in nearly two decades, as a market rally delivered returns of over 50 per cent to investors. The transaction value, the strongest since 2007, reflected a surge in investor participation amid improving macroeconomic conditions and sustained capital market reforms. Of the total turnover, foreign investors accounted for N2.64 trillion, or 22.21 per cent, while domestic investors transacted N9.27 trillion, representing 77.79 per cent. The NGX All-Share Index rose by 51.19 per cent in 2025 to 155,613 points, from 102,926 at the start of the year. Equity market…
The Central Bank of Nigeria (CBN) recorded its strongest Treasury Bills subscription in over one year as investors bid N3.44 trillion at Wednesday’s primary market auction, far exceeding the N1.15 trillion on offer. The surge in demand, the highest since December 2024, reflects investors’ appetite to lock in high returns amid rising interest rates and aggressive government borrowing. At the auction, the CBN offered N150 billion for the 91-day tenor, N200 billion for the 182-day, and N800 billion for the 364-day bills. Total subscriptions reached N3.44 trillion, with the 364-day instrument attracting the bulk of demand at nearly four times…
The impeachment move against Rivers State Governor, Siminalayi Fubara, and his deputy, Prof. Ngozi Odu, has suffered a major setback following the refusal of the state’s Chief Judge to act on the request of the House of Assembly to constitute an investigative panel. In a letter dated January 20, 2026, the Chief Judge, Justice Chibuzor Simeon Amadi, declined to set up the seven-member panel required under the constitution to probe the allegations of gross misconduct against the governor and his deputy. Justice Amadi explained that his decision was based on existing court orders restraining him from taking any step in…
The National Board for Technical Education (NBTE) has announced that polytechnics will soon be allowed to award National Diplomas (ND) and Bachelor of Technology (B.Tech) degrees in science, technology and engineering programmes. Executive Secretary of the NBTE, Prof. Idris Bugaje, disclosed this at a retreat for governing council chairmen, commissioners of education, rectors, registrars and bursars in Abuja. He said the reform is part of the ongoing amendment of the Polytechnic Act, which has passed second reading in the House of Representatives. Under the new framework, polytechnics will award ND and B.Tech degrees in science and engineering fields, while non-science…