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ACAMB Commends CBN’s Recapitalisation Requirements

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Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has commended the Central Bank of Nigeria (CBN) for its new recapitalisation measures aimed at strengthening Nigerian banks.

The News Agency of Nigeria (NAN) reports that CBN raised minimum capital requirements for commercial banks to ₦50 billion, ₦200 billion, and ₦500 billion for regional, national, and international licenses, respectively.

The aim of the new recapitalisation requirements is to make the banking sector stronger and more viable.

Mr Rasheed Bolarinwa, the President of the association, in a statement in Lagos, said recapitalisation exercise would position Nigerian banks to strengthen the economy; expand the real sector, and build bigger globally competitive brands.

He commended the regulator for segmenting the minimum capital base for different categories of banks to give them level playing fields.

He said the association particularly noted the distinctive definition of the new minimum capital base for each category of banks as the addition of share capital and share premium.

He added that this was different from the previous use of shareholders’ funds.

“As it stands, banks are on the same page. And as such, there is no need whatsoever for any fear, as the banks have the capacity to meet the recapitalisation in line with allowable options stipulated by the apex bank,” he said.

Bolarinwa explained that the association had backed other stakeholders in giving support to the announcement for recapitalisation by CBN Governor, Yemi Cardoso.

According to him, this support underlines ACAMB’s belief that while Nigerian banks are globally regarded as safe, resilient and thriving; there is always room for growth.

“As Nigeria seeks to aggressively unlock its innate potential to become a global emerging economy, banks must also stand ready to play their crucial roles of financial intermediation.

“The CBN circular on review of minimum capital requirement for commercial, merchant and non-interest banks over the next 24 months has laid to rest any anxiety about the intention, process and possible outcome of the new recapitalisation exercise.

“The import of the recapitalisation announced is that Nigerian banks are safe and reliable but the apex bank in its developmental mandate, is leading the banks to strengthen their capacities to meet competitive domestic and global financial needs.

“This overarching theme that runs through the circular and its explanatory notes further affirms the soundness of the banking sector, in line with several rating reports on Nigerian banks by leading local and international rating agencies.

“We commend the CBN for the thoughtfulness it has put into the announced modality for the recapitalisation,” he said.

Bolarinwa said the recapitalisation was a win-win for the Nigerian banks, the financial market and the economy.

He said the Nigerian capital market, where banks were the most influential group, had the depth to meet the capital requirements of banks.

He added that the extended timeline, until 2026, provided ample opportunity for all banks to follow through the recapitalisation plan without undue crowding effect.

“With their background of good returns and liquidity, banking stocks are toasts of domestic and foreign investors.

The ACAMB boss assured that the banking industry will continue to work with financial authorities to build up the economy.

“This recapitalisation will put Nigerian banks in better stead to support the strengthening of the economy; the expansion of the real sector, and the building of bigger banking brands that can compete continentally and globally.

“Banks will continue to cooperate with the CBN in the implementation of the recapitalisation programme.

“ACAMB shall also be engaging all stakeholders in order to ensure balanced and factual representation as the recapitalisation progresses.

“ACAMB reassures all depositors and shareholders to keep about their businesses with the Nigerian banks without fears,” he said. NAN

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Precious Adugbo Condemns Alleged Distortion of Pastor Komaiya’s ‘Supernatural Speed’ Sermon

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By David Torough, Abuja

Precious Adugbo, a member of The Master’s Place International Church, has condemned what he described as a misleading portrayal of Pastor Korede Komaiya’s sermon titled “Supernatural Speed,” urging the public to listen to the full message before drawing conclusions.

Adugbo, who said he was present at the service, argued that portions of the sermon currently circulating online had been taken out of context and presented in a way that distorted the overall message.

The controversy followed a testimony in which Pastor Komaiya spoke about the transformative power of God and made statements including: “If you do what I teach, you will be a millionaire in 90 days, if not shorter.

If you do what I teach, you will cross billions in six months.”

According to Adugbo, focusing exclusively on those remarks without considering the broader spiritual context of the sermon has created what he described as a “false narrative.”

“People must take the time to listen to Pastor Komaiya’s teachings for themselves. Anyone who does will discover that his messages are impactful, transformational, and entirely free from the ambiguity being forced upon them,” Adugbo said.

He called on Nigerians to disregard what he characterized as agenda-driven publications and instead seek the complete sermon from the original source.

Adugbo further defended Pastor Komaiya’s contribution to society, describing him as a leader whose work extends beyond social media controversies.

“Men like Pastor Korede Komaiya are not theorists, neither are people who are chasing social media validation,” he said, adding that such leaders “deserve our prayers, our support, and our protection from reckless misrepresentation.”

Adugbo’s comments come amid ongoing online discussions surrounding the sermon, with the debate highlighting the importance of considering public statements in their full context rather than relying solely on isolated excerpts.

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Benue Gov’t Restates Commitment to Protection of AGYW, Non-Discriminatory Healthcare

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By Attah Ede, Makurdi

The Benue State Government has reaffirmed its commitment to protecting the dignity and rights of Adolescent Girls and Young Women (AGYW), ensuring equality and improving their access to justice and non-discriminatory healthcare services.

The Attorney General and Commissioner for Justice, Benue State, Prof.

Timothy Ornguga, stated this in Makurdi during a two-day training on “Non-Discriminatory and Trauma-Informed Healthcare for Highly Vulnerable AGYW in Benue State.”

The training, organised by the Concerned Women International Development Initiative (CWIDI) in collaboration with the Benue State Ministry of Justice, with support from GEF and Y+ Global, was held at Monatel Hotel, Makurdi, under the theme: “Building Compassionate and Survivor-Centred Healthcare.

Addressing participants, facilitators, partners and other stakeholders, Ornguga said healthcare workers have a responsibility to ensure that every girl or young woman who seeks medical attention is treated with dignity, regardless of her circumstances.

“It gives me pleasure to welcome all participants, facilitators, partners and stakeholders to this important training. For healthcare workers, this means that a girl or young woman who comes to a health facility must be received as a person with rights and dignity, not as a problem, moral offender or mere case file,” he said.

The Commissioner stressed that no AGYW should be discriminated against on the basis of age, sex, clothing, marital status, disability, economic circumstances, displacement, alleged conduct or any other personal circumstance.

He urged healthcare workers to limit questioning to information necessary for safe care, documentation and appropriate referral, warning against questions or comments that could embarrass, shame or morally judge survivors.

According to him, the health facility is often a survivor’s first point of contact before the police, lawyer or court, and the treatment received at that stage can determine whether the survivor feels safe enough to pursue protection and justice.

Ornguga cited a recent decision of the Delhi High Court of India in State vs. Sajid Ali, delivered on August 10, 2026, by Hon. Justice Chandrasekharan Sudha, saying the court condemned cross-examination focused on a survivor’s clothing and emphasised that a woman’s choice of attire should not be regarded as justification or condonation for unlawful conduct.

“That principle has a wider lesson for every professional institution: clothing is not consent, and a survivor’s dignity must not become collateral damage in the search for an explanation for another person’s misconduct,” he said.

He noted that Benue State’s legal framework, including the Violence Against Persons (Prohibition) Law and the Child Rights Law, provides important safeguards against violence, abuse and exploitation.

However, he stressed that the protections contained in these laws must be translated into everyday professional practice.

The Justice Commissioner urged healthcare workers to uphold confidentiality, informed communication, accurate documentation, respectful treatment and effective referral pathways. He also encouraged participants to approach the training with openness and a willingness to critically examine existing practices.

He said healthcare facilities should be places where survivors can seek help without fear of humiliation, stigma or blame.

Ornguga commended CWIDI for organising the programme and said the fight against gender-based violence could not succeed if healthcare workers, the Ministry of Justice, psychosocial service providers and social protection agencies worked in isolation.

He pledged the continued support of the Ministry of Justice for partnerships and programmes aimed at improving access to justice and protection for women, girls and other vulnerable persons.

Speaking on the objective of the training, the Executive Director of CWIDI, Becky Gbihi, said the programme was designed to ensure that healthcare workers protect human dignity while providing services to AGYW, particularly those considered highly vulnerable.

She identified adolescent orphans, girls with disabilities, sex workers and girls living in Internally Displaced Persons (IDP) camps among those who may face heightened vulnerability.

“Those categories are more vulnerable, and because they are already traumatised, whenever they receive negative treatment or comments from health workers, they withdraw, and this could cause them to break down further.

“So, the essence is for health workers to deliver services with a human face by respecting and protecting the dignity of AGYW seeking healthcare, ensuring that they have access to holistic healthcare and referring them appropriately,” Gbihi explained.

She expressed optimism that the training would equip participants to go beyond immediate medical treatment by appropriately directing survivors to other essential services, including psychosocial support.

In a presentation titled “Understanding Gender, Equality, Gender-Based Violence, GBV, and Violence Against Women and Girls,” a representative of the Ministry of Justice, Timothy Tion, explained gender roles, social norms, equality and the different forms of gender-based violence.

Tion also took participants through relevant provisions of the Benue State Violence Against Persons Prohibition (VAPP) Law of 2019 and the Child Rights Law of 2008.

He stressed the importance of equal opportunities, noting that denying people opportunities on the basis of gender violates fundamental human rights and perpetuates inequality.

Also speaking, Dr. Kwasedoo Ngbea, a Senior Lecturer in the Department of Psychology, Moses Orshio Adasu University, Makurdi, delivered a paper titled “Understanding the Health, Psychological and Social Impact of GBV on AGYW and Principles of Survivor-Centred Care: Safety, Confidentiality, Respect, Non-Discrimination and Informed Consent.”

Ngbea said the rights, needs, safety, dignity, choices and autonomy of survivors must remain paramount in the provision of healthcare.

She advocated respectful, confidential and non-judgmental support for survivors, noting that the health, psychological and social consequences of gender-based violence on AGYW can be severe and long-lasting when not properly addressed.

Participants at the training commended the organisers for strengthening their capacity and called for increased awareness campaigns to educate young girls about their rights and available support services.

They said equipping frontline workers with the right knowledge and skills would help reduce stigma, encourage reporting and ensure that survivors receive holistic care without fear of discrimination, humiliation or judgment.

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UNICEF Training: Communication experts charge media practitioners to champion child-rights protection

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From Attah Ede and Sylvia udegbunam, Port Harcourt

Seasoned communication experts and veteran broadcasters, on Thursday, enjoined media practitioners both in broadcast and print media to remain upright and act as child-rights champions to ensure that the dignity and the rights of every child are fully respected in every circumstance.

They also said journalists must prioritize a child’s psychological and social well-being over the “newsworthiness” or financial gains of a catchy headline and obtain valid parental or guardian consent alongside the child’s personal assent before conducting any media interview or engagement.

They thrown the challenge during the two-day UNICEF Zonal Workshop on Ethical Reporting of Children held in Port Harcourt, Rivers State, capital.

Key experts including; Dr. Jide Johnson (Deputy Provost of the Nigerian Institute of Journalism), Lanre Idowu (CEO of Diamond Awards for Media Excellence and rights activist), ex- broadcaster with Nigerian Television Authority, Nansel Nimyel and Dr. Geoffrey Njoku led the presentations, raging from newsroom protocols, media responsibility, regulatory requirements and trauma-informed journalism as well as NUJ code press council legal consequences and rewriting harmful headlines into ethical alternatives.

Dr Jide Johnson, in his presentation on the Media and Child Rights – Call to Action, described the media as an important actor in promoting and protecting children’s rights.

He reminded media practitioners on their watchdog role, stressing that they have constitutional responsibilities under Section 22 of the 1999 Constitution as amended, noting that its gatekeeping and agenda-setting roles gave it enormous influence over societal perceptions.

“The one who writes the story frames the world,” he said, urging journalists to use quality data, statistics, features, cartoons, jingles and local languages to draw attention to issues affecting children.

He called on journalists to become advocates for children by reporting issues such as out-of-school children, infant mortality, malnutrition, child labour and inadequate educational facilities

Presenting a paper on Drafting Newsroom Guidelines on Child Reporting Protocol, Nansel Nimel maintained that journalists narratives could either protect children or expose them to further harm.

He insisted that newsrooms to establish dedicated child-reporting desks, assign trained correspondents and introduce child-sensitive language and pre-publication reviews for reports involving minors.

“Reporting can either protect the child or harm the child,” Nimel said, stressing the need to protect children’s identities through measures such as pseudonyms, voice masking and image blurring.

He also advocated regular staff training, internal complaints mechanisms, newsroom audits and collaboration with child-protection agencies.

On the legal and regulatory consequences of unethical reporting, the facilitators highlighted provisions of the Nigerian Broadcasting Code and the codes of the Nigerian Union of Journalists and Nigerian Press Council.

They stressed that the identities of children involved in criminal or legal matters should not be disclosed, while journalists must avoid interviews or programming that could expose minors to ridicule, stigma, exploitation or psychological harm.

The facilitators noted that the principle of the “best interest of the child” remained central to ethical reporting, adding that Nigerian broadcasting standards were consistent with broader international principles.

The workshop also examined trauma-informed journalism, with Johnson warning that repeated exposure to accidents, violence, sexual assaults, malnourished children and displaced persons could affect journalists’ mental health.

He advised journalists to prioritise their well-being, develop accountability partners and approach traumatised sources with care, allowing them to determine which questions they are comfortable answering.

The communication gurus noted that ethical child reporting requires journalists to cross-check accounts, avoid re-traumatising victims and balance stories by highlighting children’s resilience rather than portraying them only as victims.

They urged journalists to always mask or hide the identities, names, and faces of child victims of abuse, trafficking, or conflict to avoid lifetime stigmatization and always reporting away from “pity-driven” individual exposure and move toward highlighting broader, systemic institutional failures.

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