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JUST IN; Naira gains further at official exchange market

The Naira on Monday appreciated further at the official foreign exchange market, trading at N1,452.79 to the dollar.

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Data from the Central Bank of Nigeria (CBN) showed the Naira gained N5.16 compared with Friday’s rate of N1,457.95.

This represents a 0.35 per cent appreciation, extending the weeklong positive trend recorded in the previous week.

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The Association of Bureau De Change Operators of Nigeria (ABCON) commended the month-long appreciation of the Naira in both official and parallel markets.

ABCON President, Dr Aminu Gwadabe, told the News Agency of Nigeria (NAN) in Lagos that several factors contributed to the gains.

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He listed them as Nigeria’s exit from the Financial Action Task Force (FATF) grey list, increased oil revenue, higher foreign reserves and diaspora remittances.

Gwadabe congratulated the nation for leaving the FATF grey list, noting that the Naira gained N10.00 against the dollar at the parallel market on Monday.

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He said the development had boosted investors’ confidence and attracted more foreign investments into the country.

According to him, sustained reforms and information sharing among security agencies helped trace proceeds of crime and facilitated Nigeria’s exit from the list.

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He added that the CBN’s success in raising foreign reserves to about 42.26 billion dollars provided a strong buffer for the Naira.

“The sustained stability has reduced speculation. Speculators’ activities have been rendered ineffective in the market,” he said. (NAN)

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Tinubu mourns Abubakar’s passing, the Imam who shielded over 200 Christians in his mosque during communal riot

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Tinubu mourns Abubakar’s passing, the Imam who shielded over 200 Christians in his mosque during communal riot

President Bola Tinubu has expressed deep sorrow over the death of Imam Abdullahi Abubakar, Chief Imam of Nghar village, Barkin Ladi Local Government Area of Plateau, who passed away at 92.

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This is contained in a statement issued by Presidential Spokesperson, Mr Bayo Onanuga, on Friday in Abuja.

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The late cleric gained national and international recognition in 2018 for sheltering more than 200 Christians during communal violence in Plateau.

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Tinubu described Abubakar as an extraordinary religious leader whose life exemplified faith, courage and a deep reverence for the sanctity of human life.

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“At such a time when tribal and religious tendencies seemed to overwhelm reason, Imam Abubakar stood firmly on the side of peace, benevolence and conscience.

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“Mindless of the enormous risk to his own life, the noble cleric chose humanity over division, love as opposed to hatred and embrace rather than rejection,” the President said.

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He said the Imam’s actions embodied the true essence of faith and delivered a powerful message beyond sermons.

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The President noted that the cleric’s uncommon bravery earned him local and international honours celebrating peaceful coexistence.

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“I urge religious and community leaders to imbibe and preach the spirit of tolerance, mutual respect and peaceful togetherness as expounded in the life of Imam Abubakar,” Tinubu said.

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He prayed that God grants the late Imam eternal rest and rewards him for his courage and good deeds. (NAN)

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Govt. introduces solar installation, garment making, GSM repairs in jss curriculum

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Govt. introduces solar installation, garment making, GSM repairs in jss curriculum

 
 
 
 
 
 
The Anambra Government has introduced 15 entrepreneurial subjects into the Junior Secondary School (JSS) curriculum to enhance students’ practical skills and foster an entrepreneurial mindset.
The News Agency of Nigeria (NAN) reports that the new subjects include solar installation, garment making, GSM repairs, agriculture and processing, plumbing, tiling, POP installation and event management.

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Others are bakery, hairstyling, make-up, interior design, CCTV/intercom installation, digital literacy, information technology and robotics.

Prof. Nkechi Ikediugwu, Chairperson ,Post Primary Schools Service Commission (PPSSC),  while speaking at  the occasion in Awka on Friday, said the initiative was aimed at repositioning education to meet contemporary needs.
Ikediugwu noted that in a rapidly changing world, education should go beyond theory and examinations to equip students with practical skills, creativity, innovation and an entrepreneurial mindset.

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“The goal of the programme is to prepare learners, not only to seek jobs but to create value, generate employment and contribute meaningfully to the economic development of the state,”she said.

Mr Cyril Nwuche of Nnamdi Azikiwe University, Awka, delivered a paper titled “Building Entrepreneurial Secondary Schools: Why Every School Needs an Entrepreneurship Club”.
Nwuche said the introduction of entrepreneurial subjects showed that the government was on the path to transforming the state’s economy.
“Traditional academic instruction alone is no longer sufficient to prepare children for the future.

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“There is the need for schools to embrace practical and skill-based learning to enable students to thrive in a dynamic global environment, ” he said. (NAN)

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Two men docked for allegedly defiling underaged girl

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Two men docked for allegedly defiling underaged girl

The police in Lagos on Friday, charged two men before an Ikeja Chief Magistrates’ Court for allegedly defiling an 11- year-old girl.

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The defendants are: Prince Tomnyie, 40, a businessman, who resides at Agege, and Micheal Adenuga, 24, a furniture maker, who resides at Atere Street in Lekki.

They are standing trial on charges of defilement, and had each pleaded not guilty to the charges.

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The prosecutor, ASP Adegoke Ademigbuji told the court that they committed the offence sometimes in December 2024, and September 2025, at Langbasa Ajah and Igbara Lekki, Lagos .

The prosecutor alleged that the victim’s father, had taken his daughter for medical check and it was discovered that the minor had been defiled.

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The prosecution alleged that the victim had told her father that his friend, Tomnyie, defiled her sometimes ago.

Ademigbuji alleged that the victim also mentioned the second defendant’s name who lives in their neigbourhood.

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The offence contravenes the provisons of section 137 of the Criminal Law of Lagos, 2015.

The Chief Magistrate, Mr L. A Owolabi, granted the defendants bail in the sum of of N600,000 each, with two sureties each in like sum.

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He adjourned the case until March 5, for mention. (NAN)

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