NEWS
CBN Debunks Report on BDC Recapitalisation Deadline
By Tony Obiechina, Abuja
The Central Bank of Nigeria (CBN) has debunked a news story in circulation suggesting that the Bank has extended the deadline for the recapitalisation of Bureau De Change (BDC) operators to December 31, 2025.The CBN, through its Acting Director of the Corporate Communications Department, Hakama Sidi Ali, described the information as false, misleading and stated that it should be disregarded.
According to her, the Bank has not granted any such extension beyond the previously communicated deadline of June 3, 2025. She consequently urged the general public, journalists, media platforms, and all stakeholders to consistently verify information directly from official CBN sources, such as the Bank’s website and authorised communication channels, before publishing or sharing news about the Bank and its regulatory directives.”The CBN remains committed to ensuring transparency, stability, and compliance in the foreign exchange market and will continue to engage with all relevant stakeholders in accordance with its statutory mandate,” Sidi Ali noted.As part of the revised framework introduced in February 2024, BDCs are required to meet new minimum capital requirements: N2 billion for Tier-1 and N500 million for Tier-2 operators.NEWS
Menstrual Hygiene: Stakeholders Seek Affordable Sanitary Products for Girls
A Non-Governmental Organisation, MAHCare Foundation, has called for increased awareness and support to address period poverty among women and girls in the country.
The President of the foundation, Maryam Musa, made the call during a “Walk for Her Dignity” awareness campaign in Kaduna on Saturday, organised to highlight challenges surrounding menstrual hygiene and access to sanitary products.
Musa said the initiative was to educate the public on the dangers of period poverty and the health risks associated with the use of unhygienic menstrual materials.
She added that “period poverty is not something to be neglected, it is something to be tackled. Sanitary pads are so expensive that many women and girls now use unhygienic products that affect their health, education and daily activities.
”She explained that the awareness campaign would continue beyond the walk, adding that the organisation planned to distribute sanitary products to vulnerable groups and communities.
She noted that the foundation was also promoting the use of reusable sanitary pads to support girls who could not afford disposable products.
“We educate them on how to properly manage reusable pads because not everybody can afford disposable ones. We are also trying to correct misconceptions that sanitary products are against religion or culture”, she said
She added that women and girls should understand that using sanitary pads was important for their health and hygiene.
Sahura Maidoki, the Chairperson of the Nigeria Association of Women Journalists (NAWOJ), said the campaign was necessary to educate communities on menstrual hygiene and end the stigma surrounding menstruation.
Maidoki stressed the need to involve men in menstrual hygiene education, noting that “some parents failed to educate their daughters on proper menstrual care.
“We also have issues with some men because they do not educate their children on the importance of taking care of themselves during menstruation.”
She explained that sensitisation talks would help people to understand the importance of providing sanitary pads for their daughters and wives and ensure that menstruation was not seen as a barrier for the girl-child.
A Water, Sanitation and Hygiene (WASH) advocate, Doris Zakama, who spoke at the event said many girls, especially those in rural communities, lacked access to menstrual hygiene products and adequate education on menstrual health.
Zakama urged the government to subsidise menstrual hygiene products, make them affordable for girls and women struggling with rising cost of living.
NEWS
One Year into OPay’s N1.2 billion 10-year Scholarship Initiative, What’s Next?
Getting into a tertiary institution is only half the journey. Staying in school, paying fees on time, and having the right support system can be the bigger challenge. Over the past year,
OPay has stepped into that gap, not just as a fintech company, but as a partner in the ambition and aspirations of thousands of students.
Through its long-term scholarship initiative, OPay has committed N1.
2 billion over 10 years to support outstanding and indigent students across more than 20 partner tertiary institutions nationwide. What began as tuition support has grown into something more profound, a structured investment in young people who have the capacity but need financial backing to stay focused on their studies.In campuses from Ife to Zaria and Calabar, OPay scholarship beneficiaries have shared stories of relief and renewed confidence. For many, the scholarship meant their parents no longer had to borrow money for school fees. For others, it meant more time in the library and less time worrying about part-time work. In a country where education remains one of the strongest ladders to upward mobility, this kind of support goes beyond money; it restores dignity and hope.
But OPay’s Corporate Social Responsibility (CSR) journey is not stopping at the scholarship initiative.
Building on the strong foundation already laid, OPay is launching OPay Scholars, a bold expansion that moves from financial support to full career development. The 2026 edition will introduce OPay Futures and a National Innovation Challenge, where students can propose practical solutions to real-world problems. It will also feature a focused webinar session and a bootcamp led by industry experts, providing scholars with direct access to knowledge in technology, entrepreneurship, and career growth.
Most notably, the 2026 edition will create a structured career development pathway, culminating in a grand finale of OPay’s second annual Empowering Futures Conference.
This platform will not only celebrate academic excellence but also spotlight creativity, leadership, and innovation among Nigerian students.
At a time when many young Nigerians are asking, “What next after school?”, OPay is helping to answer that question. By combining financial aid with mentorship, exposure and opportunities for innovation, the company is positioning education as both a safety net and a springboard.
OPay’s impact over the past year proves one thing clearly: when businesses invest consistently in people, communities grow stronger. And in 2026, OPay Scholars is set to support ambitions and actively shape the future, one student, one idea, and one opportunity at a time.
NEWS
Benue Not Owing Workers’ Salary – Odey
By Attah Ede, Makurdi
The Benue State government has debunked reports in some sections of the media including DAILY ASSET NEWSPAPER over alleged owing of Workers’ Salary.
Deputy Governor, Dr. Sam Odey who refuted the media claims on Sunday in Makurdi said the state government was only carrying out workers verification exercise, which according to him, they will be paid accordingly after the conclusion of the exercise.
Odey, who said the state government remains committed to the welfare of workers, urged media organizations to always verify the sources of their information before going public.


