News – Page 86 – Democracy Radio

Nigeria’s Shift to T+2 Settlement Will Boost Market Efficiency – SEC DG

By Oluwakemi Kindness Nigeria’s capital market is set for a major reform as the Securities and Exchange Commission (SEC) prepares to transition to a T+2 settlement cycle, a move the Commission says will enhance efficiency, reduce risks, and strengthen investor confidence. Speaking at a Trade Associations Roundtable on “Ensuring Stakeholder Readiness for T+2 Settlement” held on Wednesday in Abuja, the Director-General of SEC, Dr. Emomotimi Agama, described the reform as a key step in aligning Nigeria’s market with global standards. […]

October 15, 2025

Economy

Federal Government says Trade Surplus Rises to 6% of GDP

By Oluwakemi kindness Nigeria’s economic narrative is gaining momentum, with the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, revealing that the nation’s trade surplus has grown to 6% of Gross Domestic Product (GDP). He made this known during the G24 meetings held on the sidelines of the IMF/World Bank Annual Meetings in Washington D.C., where Nigeria’s delegation was led by Dr. Doris Uzoka-Anite, Minister of State for Finance, and the CBN Governor. Cardoso attributed the positive trade performance to […]

October 15, 2025

Education

SEC, NUC Partner to Embed Financial Literacy in Nigeria’s National Curriculum

By Oluwakemi Kindness The Securities and Exchange Commission (SEC) has announced a major step toward strengthening financial inclusion in the country and national development. It is doing this by integrating financial literacy into Nigeria’s national curriculum at all educational levels. Speaking during the official handover of the reviewed National Universities Commission’s (NUC) Curriculum on Securities and Investment Management (SIM) in Abuja on Tuesday, SEC Director General, Emomotimi Agama, described financial literacy as a life skill and survival tool in today’s […]

October 15, 2025

Politics

Anambra Governorship Election: INEC, Police Assures Readiness for Hitchfree Polls

By Julian Osamoto As the November 9 Anambra State governorship election approaches, security agencies and electoral stakeholders have assured Nigerians of their full preparedness to deliver a peaceful, transparent, and credible poll. Speaking at a Situation Room engagement in Abuja, representatives of the Independent National Electoral Commission (INEC), the Nigeria Police Force, and several sister security agencies outlined comprehensive strategies to secure all parts of the state before, during, and after the election. The Situation Room, comprising over eighty […]

October 14, 2025

Business

ILO, FG, Unite to Strengthen Skills, Employment through TVET and Apprenticeship Systems

By Chinedu Echianu A major step toward addressing Nigeria’s unemployment and skills mismatch challenge was taken on Tuesday as the Federal Ministry of Labour and Employment, in collaboration with the International Labour Organization (ILO) and key stakeholders, convened a two-day National Public Dialogue on institutionalizing Technical and Vocational Education and Training (TVET) and apprenticeship systems for sustainable employment and employability. The dialogue, held in Abuja, brought together government representatives, organized labour, employers, civil society groups, and development partners to chart […]

October 14, 2025

Members of the Nigerian House of Representatives during plenary session debating a motion to investigate arbitrary bank charges and strengthen consumer protection.

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General

House Orders Probe of Nigerian Banks Over Arbitrary Charges

By Oluwakemi Kindness The House of Representatives has resolved to investigate the arbitrary and unexplained charges imposed on customers by commercial banks across Nigeria.The resolution followed a motion of urgent public importance moved by Mukhtar Tolani Shagaya, representing Ilorin West/Asa Federal Constituency of Kwara State. Presenting the motion, Shagaya lamented the rising complaints from customers over multiple and often duplicated deductions such as SMS alerts, card maintenance fees, account maintenance charges, transfer fees, and stamp duties. He noted that many […]

October 14, 2025 1

Security

House Seeks Security Reinforcement in Sokoto After Deadly Bandit Attacks

By Oluwakemi Kindness | Abuja The House of Representatives has urged the Nigerian Armed Forces and Police to immediately strengthen security operations in Kebbe and Tambuwal local government areas of Sokoto State, following renewed bandit attacks that have claimed several lives and displaced residents. The resolution followed a motion of urgent public importance moved by Abdusamad Dasuki, representing Kebbe/Tambuwal Federal Constituency, during Tuesday’s plenary. Dasuki told the House that a series of coordinated attacks between August 12 and 23, 2025, […]

October 14, 2025

Education

House of Reps Moves to End ASUU Strike

By Oluwakemi Kindness The House of Representatives has mandated its Speaker, Tajudeen Abbas, to lead an urgent intervention between the Federal Government and the Academic Staff Union of Universities (ASUU), following the union’s declaration of a two-week warning strike. The resolution at Tuesday's plenary followed a motion of urgent public importance moved by Sesi Whingah, which drew attention to the recurring disputes between the federal government and university lecturers over issues of revitalization funding, earned academic allowances, salary structure, and […]

October 14, 2025

NDLEA Chairman Brig. Gen. Mohamed Buba Marwa addressing the United Nations General Assembly in New York, calling for global unity to dismantle transnational drug cartels.

Health

Marwa Urges Global Unity to Crush Drug Cartels, Highlights Nigeria’s Breakthroughs at UN

By Oluwakemi Kindness The international community has been called upon to close ranks and dismantle trans-national drug cartels threatening global peace and security. The Chairman , National Drug Law Enforcement Agency (NDLEA), Brigadier General Mohamed Buba Marwa (Rtd), stated this at the 80th United Nations General Assembly (UNGA) Plenary Session of the Third Committee in New York on Monday. A statement on Tuesday by the NDLEA spokesperson Femi Babafemi, said Marwa said the world must act decisively and collectively to […]

October 14, 2025