Author: Friday Omosola

The Central Bank of Nigeria (CBN) has unveiled a new strategic framework, the Nigeria Payments System Vision 2028 (PSV 2028), aimed at strengthening the country’s financial ecosystem and positioning it for global competitiveness. Launched yesterday at the inaugural meeting of the PSV 2028 Project Committee in Lagos, the initiative was described by Musa Jimoh, Director of the CBN’s Payments System Policy Department, as a critical “national assignment.” RESD ALSO: Edun meets with CBN Governor to boost economic coordination He said the plan holds the potential to transform how individuals, businesses, and government institutions interact within the financial space. PSV 2028 builds…

The Federal Government, FG, has announced a renewed push to combat illiteracy and close the country’s digital divide, aligning with the 2025 International Literacy Day theme, “Promoting Literacy in the Digital Era.” The initiative, which is a key part of President Bola Tinubu’s “Renewed Hope Agenda”, focuses on using data, technology, and inclusion to ensure all citizens have access to quality education. The announcement was made at a press briefing organised by the National Commission for Mass Literacy, Adult and Non-Formal Education (NMEC) in Abuja. READ ALSO: FG unveils programme to combat post-harvest losses Suwaiba Ahmed, the Minister of State for…

Governor Biodun Oyebanji of Ekiti State has submitted his nomination form for the 2026 governorship election. The event at the All Progressives Congress (APC) National Secretariat in Abuja yesterday saw an unusually large delegation from Ekiti, signalling a unified front behind the governor’s re-election bid. Accompanied by Senate Leader Senator Opeyemi Bamidele and the first civilian governor of the state, Niyi Adebayo, Oyebanji arrived at the APC secretariat at 2:15 p.m. He first met with the party’s National Chairman, Nentawe Yilwatda, before proceeding with the submission of his form. READ ALSO: Oyebanji launches ‘Harvesting Hope Caravan,’ signs insurance policy for farmers …

The Lagos State Government, through its Office of Education Quality Assurance (OEQA), has provided enhanced training to over 350 of its evaluators. The initiative aims to improve the monitoring of schools and ensure compliance with educational standards across the state. The four-day training workshop, which began on Monday, was flagged off by the Commissioner for Basic and Secondary Education, Jamiu Tolani Alli-Balogun. READ ALSO: Rhodes-Vivour rejects Tinubu alliance for 2027 Lagos governorship He urged the officials to act as “progressive partners” to school administrators, emphasising the importance of being firm and objective while remaining courteous and professional. The commissioner stressed that…

Governor Lucky Aiyedatiwa of Ondo State has launched a new initiative aimed at enhancing food security and ensuring equitable benefits for communities involved in agricultural investments. On Wednesday, the governor inaugurated a steering committee for the Framework for Responsible and Inclusive Land-Intensive Agricultural Investment (FRILIA). This committee, chaired by the governor himself, is tasked with overseeing projects that balance the interests of investors with the rights and welfare of local communities. READ ALSO: Aiyedatiwa vows to pursue justice for Owo attack victims Speaking at the inauguration, Aiyedatiwa emphasised that FRILIA is designed to ensure that host communities receive fair compensation for…

A Federal High Court in Abuja has rejected the bail requests for five individuals suspected of orchestrating the deadly bombing of a Catholic Church in Owo, Ondo State. The court’s decision was made on Wednesday, leaving the accused in the custody of the Department of State Services (DSS) to await trial. READ ALSO: Aiyedatiwa vows to pursue justice for Owo attack victims The suspects, identified as Idris Abdulmalik Omeiza, Al Qasim Idris, Jamiu Abdulmalik, Abdulhaleem Idris, and Momoh Otuho Abubakar, were formally charged on August 11, 2025. They face serious terrorism charges related to the June 5, 2022, attack on St.…

The Economic and Financial Crimes Commission (EFCC) has pledged to collaborate with the Presidential Special Committee on Campaign Against Social Vices in Secondary and Tertiary Institutions to curb economic and financial crimes among students. The EFCC’s Chairman, Ola Olukoyede, represented by the Director of Fraud Risks Assessment and Control, Commander of the EFCC, CE Ibrahim Shazali, stated this during a courtesy visit by the Committee’s Chairman, Professor Jerry Ugokwe, and his team to the EFCC headquarters in Abuja. Olukoyede affirmed the Commission’s commitment to instilling integrity and ethical conduct in schools. READ ALSO: Groups support EFCC, govt efforts to recover N5.7bn…

Vice President Kashim Shettima has declared that the era of government agencies and other stakeholders operating in isolation on skills acquisition is over. He called for a unified approach to actualise the administration’s human capital development goals. Speaking at the 7th meeting of the National Council on Skills (NCS) in Abuja yesterday, he emphasised that a “skills revolution” is a cornerstone of President Bola Tinubu’s Renewed Hope Agenda. READ ALSO: Shettima: Tinubu’s bold reforms demonstrate political will Shettima urged government officials, public servants, and the private sector to forge a new workflow that prioritises collaboration in curriculum development and funding. “The…

The Presidency recently defended the country’s growing debt, asserting that borrowing is a necessary and legitimate tool for funding national development and economic reforms. A presidential spokesperson, Sunday Dare, responded to criticisms from politician Dino Melaye, who mocked the government’s borrowing on a television programme. READ ALSO: How market now – Presidency taunts Atiku, Obi over bye-election defeat In a statement on his X page, Dare countered Melaye’s remarks, stating that the debt debate should focus on sustainability and improved revenue rather than “alarmist soundbites.” He explained that Nigeria’s public debt had reached ₦149.39 trillion by March 31, 2025, primarily due…

Nigeria and Angola are poised to strengthen their relationship by signing at least 15 new Memoranda of Understanding (MoUs) during the fifth session of the Nigeria-Angola Bilateral Economic Joint Commission in Luanda. According to Nigeria’s Minister of State for Foreign Affairs, Ambassador Bianca Ojukwu, these agreements will significantly advance bilateral relations. She highlighted that the MoUs would serve their mutual interests, reinforce domestic institutions, stimulate economic and social progress, and foster capacity-building. The minister outlined a wide range of cooperation areas covered by the agreements. READ ALSO: Nigeria’s rising debt breaches legal limit, poses fiscal risk – Speaker Abbas These include…