NEWS
SEC Says Financial Literacy Critical Life Skill
By Tony Obiechina, Abuja
The Securities and Exchange Commission (SEC) has stated that it firmly believes that financial literacy is not merely an academic subject; but a life skill and indeed, a survival tool in today’s complex and rapidly evolving economy.
Director General of the SEC, Dr. Emomotimi Agama stated this at the handing over ceremony of the reviewed National Universities Commission’s (NUC) Curriculum on Securities and Investment Management(SIM) by the SEC appointed Committee of Experts (drawn from the capitalMarket and academia) in Abuja, Tuesday. Agama said the important engagement signifies not only institutional collaboration, but also the collective resolve to build a foundation for sustainable financial empowerment in Nigeria.He said this is why the SEC remains deeply committed to embedding financial inclusion as a cornerstone of national development, beginning with education, where knowledge and values are first formed.The SEC DG disclosed that the collaboration with the National Universities Commission (NUC) represents a strategic leap forward; a deliberate and forward-looking effort to integrate financial education into Nigeria’s national curriculum from the primary through to the secondary levels.Beyond imparting knowledge, the SEC Boss said the effort is about empowerment, about giving young people the confidence to participate productively in financial and capital markets adding that as the apex regulator of the capital market, the SEC’s dual mandate to protect investors and deepen the market cannot be achieved in isolation from an informed, financially literate populace.Agama said embedding financial education into the national curriculum, is investing in human capital, the most critical driver of sustainable, inclusive, and resilient economic growth.He acknowledged the pivotal role of the NUC in harmonizing academic standards, ensuring that learning outcomes remain relevant to the evolving dynamics of our economy.This partnership, he added, strengthens the bridge between education and enterprise, between classroom theory and the financial realities of everyday life.Agama noted that the SEC envisions a Nigeria where every student, regardless of background or region, understands the value of money, the principles of investment, and the discipline of financial planning. A Nigeria where financial inclusion is not a distant aspiration, but a lived experience that begins in the classroom and translates into responsible citizenship and national prosperity.In his remarks, the Chairman of the Committee, Prof. Uche Uwaleke disclosed that the Committee was tasked with reviewing and expandingthe existing curriculum to reflect these developments with a view to making appropriate recommendations to the NUC that ensure that Nigerian universities are not only aligned with global trends, but are also equipping our students with the knowledge and competencies required to thrive in a modern capital market environment.He said another equally important mandate of the Committee was to design and recommend to the NUC, a Basic Course in Capital Market Studies to be taken by all first-year students across Nigerian universities. This initiative is inspired by the recognition that awareness and understanding of the capital market remain relatively low, especially among young Nigerians. By introducing this foundational course, we aim to promote early exposure, foster capital market literacy and ultimately deepen financial inclusion — key pillars of the SEC’s developmental mandate.Uwaleke said the Committee’s work was guided by a strong sense of purpose and collaboration. The Committee held a total of eight meetings — seven virtual and one in-person — during which we engaged in extensive deliberations, research and consultations. The commitment and intellectual depth brought to the table by each member were remarkable.Furthermore, the Committee recommended to the FederalMinistry of Education, that this basic course be extended beyond universities to all tertiary institutions — including polytechnics and colleges of education — so that the culture of investment awareness and financial literacy can be mainstreamed across all segments of our educational system.NEWS
ASUSS Opposes NUT Strike in FCT, Urges Teachers to Ignore Stay-at-home Directive
By Laide Akinboade, Abuja
The Academic Staff Union of Secondary Schools (ASUSS), Federal Capital Territory (FCT) Chapter, has dissociated itself from the indefinite strike declared by the Nigeria Union of Teachers (NUT), FCT Wing, directing secondary school teachers and education officers to report to their classrooms and proceed with their normal duties.
The union’s stance was made public in a press statement issued on Wednesday by its State Executive Council (SEC) following an emergency meeting to review the industrial action called by the NUT FCT Wing.
Rejecting the stay-at-home order, ASUSS argued that the academic destiny of students should not be compromised over industrial disputes, describing the strike action as premature and detrimental to educational stability in the territory.
Addressing the specific demands raised by the NUT, ASUSS offered counter-positions on the three primary issues driving the dispute.
ASUSS stated that the vacancy requirement remains a statutory provision of the Public Service Rules (PSR) governing establishment control and financial planning, emphasizing that altering career structures requires administrative dialogue rather than coercion.
The union clarified that the administrative framework for affected teachers has already been resolved, noting that the 2025 promotion process is set to run concurrently with the 2026 promotion cycle under the FCT Civil Service Commission, as outlined in circulars released in September 2026.
ASUSS maintained that the redeployment of education agency directors to classrooms falls within management’s statutory prerogative to maintain administrative order.
ASUSS further alleged that the strike action was calculated to disrupt the scheduled 2025/2026 promotion examinations for FCT Education Officers.
In its final directive, the union urged all eligible Education Officers to participate in the upcoming promotion examinations according to the published timetable, while calling on parents and guardians across the FCT to send their children to school, assuring them that academic activities will continue uninterrupted.
Furthermore, the ASUSS FCT Chapter issued specific directives to secondary school principals, vice-principals, and education officers:
“All secondary schools must remain fully open for academic and administrative activities without interruption.
“Ensure that all teachers report to their respective classrooms to execute their normal duties and teach students diligently.
“Disregard any directives or instructions from unauthorized bodies aimed at disrupting the academic calendar.
“Monitor attendance and ensure a safe, conducive learning environment for all students who are innocent victims of unnecessary industrial disruptions.”
NEWS
Edo Varsity Lecturer Dies after Sex Romp in Hotel
A senior lecturer at the Ambrose Alli University, Ekpoma in Edo State, Dr. Matthew Uwuigbe, has died under mysterious circumstances following an alleged sex romp with a sex worker in a hotel in Edo State.
It was learnt that the lecturer lodged in the hotel with the 21-year-old commercial sex worker identified as Angela Defa Jacob.
However, tragedy struck after the university don suddenly slumped and died during the encounter at the hotel located in Mosco area of Ekpoma, Esan West Local Government Area of Edo State.
The Edo State Police Public Relations Officer (PPRO), Eno Ikoedem, confirmed the incident on Tuesday.
She disclosed that three persons have been arrested in connection with the incident.
The command spokesperson said, “On October 5, 2026, at about 8 pm, the command received a report that Matthew Uwuigbe, a lecturer at Ambrose Alli University, Ekpoma, had lodged at a hotel in Ekpoma and engaged the services of a 21-year-old sex worker, Angela Defa Jacob.
“He subsequently sent the woman to purchase water for him, and upon her return, she found him lying dead in the room.”
She added that the hotel owner, the manager and the sex worker have been detained over the incident as investigation continues.
Ikoedem said the corpse of the victim has been deposited at the Oriaifo Memorial Hospital mortuary.
NEWS
Over 84 Per Cent Nigerians willing to Vote During 2027 Elections – Yiaga
Yiaga Africa said 84 per cent of Nigerians intend to vote during the 2027 general elections, urging political parties to mobilise citizens to ensure they vote in spite of insecurity, distrust and vote buying threat to turnout.
Yiaga Africa Board Chairman, Hussein Abdul said this on Wednesday while unveiling its third National Voting Intentions Survey, based on interviews with 2,470 Nigerians across 36 states and FCT.
He said, Yiaga’s third voters’ intention study examines Nigerians’ readiness, motivations and expectations ahead of the 2027 general elections.
Abdul said insecurity, fears of election-related violence and low confidence in INEC, judiciary and security agencies could influence citizens’ decisions to vote.
He said the findings were not verdicts, but wake-up calls requiring INEC, security agencies, political parties, civil society organisations and other stakeholders to address identified concerns.
Abdul urged political parties to mobilise voters and strengthen civic education, saying low turnout undermines democracy in spite of more than 100 million registered voters.
The findings showed that 61 per cent of the respondents’ feared violence could prevent them from voting, rising to 78 per cent in the North-East, while 83 per cent wanted improved security.
The survey showed declining trust in INEC, with only 34 per cent confident of credible elections, while 63 per cent had little or no confidence in judicial resolution of electoral disputes.
It said 54 per cent disapproved of the President’s performance, while 71 per cent rated the economy poorly, with 49 per cent seeking leadership change as a voting motivation.
The report urged government and security agencies to strengthen election security, while INEC, judiciary, parties, media and civil society should improve credibility, voter confidence and combat vote buying.
Speaking on the report, Safiya Bichi, Head, Knowledge Management and Learning, Yiaga Africa, said: “Nigerians have not given up on democracy, but wanted votes to count.
Bichi said they see elections as their duty and they believe their votes can make a difference.
“What stands between that willingness and the ballot box is fear, distrust and money.
“Low turnout in Nigeria is a conversion problem, not an apathy problem and the responsibility for fixing it lies with the institutions and actors who control security, credibility and logistics.” Bichi said.
In a panel discussion featured at the launch, Ene Obi, Executive Director, Ene Obi Centre for Development said Nigeria would get it right and there would be more confidence if citizens vote and guard their votes.
The panel discussion was focused on ‘Intensions, Commitments and Pathways to Increasing Turnout’.
“We need to encourage citizens to go out and vote because this is their country, for civil society we are not worried about who wins but about the process, because the process must be fair and transparent.
“We must also take cognisance of those in the IDP camps and the areas they call ungovernable.”
Also speaking at the panel discussion, Chief Ezenwa Nwagwu, Executive Director Peering Advocacy and Advancement Center in Africa (PAACA), called on the media to highlight the positive side of the report of 84 per cent willing to vote.
He also called for investment in political reforms and not only electoral reforms, adding that the values and attitudes of politicians also affect election integrity.
Speaking on behalf of INEC, Victoria Efa-Mesi, Director Voter Education and Publicity called on Nigerians to do the right thing at all times, affirming that INEC was prepared for the 2027 elections.(NAN)


