News
CIBN Begins Construction Of Bankers Hall At RSU
The Chartered Institute of Bankers of Nigeria (CIBN) has reiterated its resolve to strengthen the banking and finance education in the country through the infusion of professional elements into the teaching and learning of the course for the enhancement of the profession.
As part of the moves towards achieving the goal, the CIBN has begun the construction of a fully equipped 160-seater lecture theatre to be called ‘The CIBN Bankers Hall,’ which would come with ultra-modern gadgets, at Rivers State University, Port Harcourt.
Speaking at the groundbreaking ceremony of “The CIBN Bankers Hall” a legacy project bequeathed to Rivers State University, yesterday, President/Chairman of Council of the Institute, Bayo Olugbemi, said that the project would be ready for commission before ending of his tenure in May, 2022.
Olugbemi said that, in order to bolster the performances of the Banking and Finance graduates in the country, the Institute embarked on a linkage programme, which commenced at the Rivers State University on May 23, 2017, with 75 tertiary institutions currently drafted into the scheme.
He stated that it was in a bid to unlock the potentials of the teeming young men and women in tertiary institutions that The Chartered Institute of Bankers of Nigeria introduced a novel scheme called the Linkage Programme in collaboration with tertiary institutions in Nigeria in the year 1998.
According to him, the Linkage Programme, which has continued to change the narrative of banking education in Nigeria, was designed to deepen banking and finance education by infusing professional element into the teaching-learning process, with a view to addressing the gap between the industry and the academia in terms of quality of graduates produced from Nigerian higher institutions.
The CIBN president stated: “To further deepen this collaboration, the Governing Council of our great Institute resolved to institute legacy projects in six institutions across the six geo-political zones in Nigeria. It might interest you to know that the selection of Rivers State University as one of the beneficiaries of the legacy projects was purely on merit. The university emerged as the best Linkage School in the South-South region after a rigorous and painstaking evidence-based appraisal exercise.
“The legacy project which The Chartered Institute of Bankers of Nigeria is bequeathing to Rivers State University; is a 160-seater lecture theatre that will be fully furnished and equipped with ultra-modern gadgets.
“The edifice which will be known and called ‘The CIBN Bankers’ Hall’ will serve as the melting pot for the training and development of future-ready bankers. This project is, indeed, our modest contribution towards the promotion of banking and finance education in the country.”
He said: “It is our desire that any student from your institution who has gone through the linkage programme and has passed the Banking Professional Examinations conducted by The Chartered Institute of Bankers of Nigeria, will be a competent material fit for the industry, be it public or private.”
Olugbemi informed the audience that several other novel initiatives exist in order to upscale competencies in the banking industry, which include: the implementation of the competency framework in the Nigerian Banking industry in conjunction with the Central Bank of Nigeria.
According to Olugbemi, the Institute also recently launched a new syllabus for the training of professional bankers, the new syllabus was fortified and enriched with contents that are contemporary and addresses emerging issues in the world of banking and finance.
He explained that the syllabus was adjudged by stakeholders within and outside the country as robust, revolutionary, rich in content, fit for purpose and in line with global standards.
Earlier at the commissioning of the South-South zonal office of CIBN, the president said the institute would be a global reference point for skills and conduct in the Banking and Finance industry.
Olugbemi charged the various branches of the institute to work towards training and developing more chartered bankers, as well as organise impactful programmes and activities targeted at growing the nation’s economy.
News
May Day: Labour Seeks Inclusiveness In Policy-making

The Organised Labour yesterday, called on the Federal Government to ensure inclusiveness in policy making and guide against erosion of rights, such as free speech and association.
The President, Nigeria Labour Congress (NLC), Mr Joe Ajaero made the call at the 2025 Workers’ Day celebration held at the Eagle’s Square, Abuja.
The Tide source reports Ajaero and the President, Trade Union Congress, Mr Festus Osifo delivered a joint statement on behalf of the organised labour at the event.
Ajaero described May Day as, not only a moment to honour workers’ sacrifices, but also a platform to demand justice and accountability from those in public office.
He frowned at the alleged suppression of protests, and the erosion of rights of workers by some agents
According to him, workers have a duty to resist economic injustice, insecurity, and policies that undermine their dignity.
Speaking on the theme of the day, the NLC President underscored the need for Nigerian workers to reclaim the civic space and resist policies that contribute to worsening economic conditions.
“Our theme this year – “Reclaiming the Civic Space in the midst of Economic Hardship – reflects the urgent need for citizens to protect democracy and push back against repression.
“The civic space, where Nigerians express their concerns and challenge injustices is shrinking.
“If we fail to reclaim this space, the foundation of our democracy risks collapse,” he said
Ajaero, therefore, urged workers to unite and resist division, fear, and despair.
He also urged them to mobilise and organise for change, declaring that the right to demand better conditions is non-negotiable.
“Without workers, there is no society; without labour, there is no development. We must take our place in the fight for economic justice and democratic governance.”
Speaking in the same veins, Osifo said workers are the backbone of the nation—the educators, healthcare providers, builders, farmers, and innovators who sustain its economy -.
He stressed the need for the labour to reclaim the civic space even in the midst of economic hardship.
News
2025 UTME: JAMB Disowns Site Requesting Payment From Candidates

The Joint Admissions and Matriculation Board (JAMB) has disassociated itself from a fraudulent site requesting payments from candidates who missed the ongoing 2025 Unified Tertiary Matriculation Examination (UTME).
The board said that the site, “Copyrightwriter Personal J Rescheduling Flw” and account number 8520641017 at Sterling Bank, associated with it, are scam.
The disclaimer is contained in a statement made available to newsmen in Abuja on Thursday by the Board’s Public Communication Advisor, Dr Fabian Benjamin.
Benjamin said the account is being exploited to defraud unsuspecting candidates who missed their UTME.
“We issue this urgent notice to inform the public about this nefarious scheme targeting candidates who were unable to participate in the UTME.
“Some unscrupulous individuals are deceitfully soliciting payments of N15,700 under the false pretence of offering rescheduling services for the examination.
“Let us be unequivocal: this, it is a blatant scam, and we are confident that the public will not fall prey to such cheap and regressive tactics.
” The individuals behind this scam have no affiliation with JAMB or any legitimate government agency.
“The account details provided in these communications are entirely fictitious and bear no connection to any official processes; they exist solely for the purpose of perpetrating fraud,” he said.
Benjamin called on Sterling bank to take immediate and decisive action against this criminal activity.
According to him, JAMB has reported the matter to the relevant security agencies and actively pursuing those responsible for this deceitful act.
He further said that “JAMB does not reschedule examinations for candidates who miss their scheduled tests due to reasons unrelated to the Board’s actions”.
He, however, said that the Board is conducting a thorough investigation for candidates whose biometrics failed during verification and were thus unable to sit for the examination.
He said those without discrepancies would be invited to retake the examination at no cost , stressing that “no cost is required”
“It is imperative to understand that JAMB does not charge any fees for examinations after a candidate has completed their registration.
“We strongly urge all candidates to remain vigilant and not to succumb to these fraudulent schemes.
“Protect yourselves and report any suspicious activity immediately,” he explained.
News
NDDC Seeks UN’s Support To Accelerate Niger Delta Development

The Niger Delta Development Commission (NDDC) has expressed its willingness to partner with the United Nations (UN) to accelerate the development of the Niger Delta region.
Dr Samual Ogbuku, Managing Director of the NDDC, made the appeal in a statement issued by the commission’s Director of Corporate Affairs, Mrs Seledi Thompson-Wakama, in Port Harcourt on yesterday.
According to the statement, Ogbuku sought the UN’s support during his visit to the UN Resident and Humanitarian Coordinator (UNRHC), Mr Mohammed Fall, at the UN regional office in Abuja.
He called on the global body to provide the NDDC with technical assistance and expert services to support the region’s development.
“We are eager to collaborate with the UN, recognising that the state governments in the region and the NDDC alone cannot achieve the level of regional development required,” he said.
Ogbuku identified key areas where support would be needed, including the provision of portable and affordable drinking water powered by high-tech solar energy sources.
He also highlighted the importance of reforesting the mangrove swamps, which have been severely damaged by decades of environmental degradation caused by oil exploration in the Niger Delta.
“Although the NDDC has made progress in providing solar-powered streetlights across the region, we still require UN support in delivering solar energy solutions for residential buildings.
“We also wish to explore the possibility of installing solar mini-grids in homes across communities, which would boost local commerce and trade,” he added.
The NDDC managing director further appealed for increased UN involvement in areas such as healthcare, education, youth training, gender development, and food security.
Ogunku stated that such interventions would significantly enhance the standard of living in the region.
In response, Fall affirmed the UN’s readiness to collaborate with the NDDC to fast track development in the Niger Delta.
He assured that the UN would support initiatives in food security, job creation, education, and renewable energy, among other areas.
“We aim to approach development in the Niger Delta holistically, rather than focusing solely on environmental pollution.
“This is merely an entry point; however, the UN’s development vision aligns with the Sustainable Development Goals (SDGs), which are designed to positively impact various aspects of people’s lives,” Fall stated.
He assured the NDDC of continued and fruitful engagements to drive the region’s development.
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