Business
e-Learning: Cleric Tasks ICT Teachers On Skills
As the e-learning system penetrate the education sector, school proprietors and their teachers have been advised to add colour to the programme in order to maintain its position in the sector.
The General Overseer of Omega Power Ministry (OPM), World Wide, Apostle Chibuzor Chinyere gave the advise while launching the free feeding programme for the pupils at the church’s headquarters in Port Harcourt on Monday.
He said the quest for a viable Information and Communications Technology (ICT) was part of the reasons for establishing an ICT centre in the school.
Chinyere noted that since ICT has come to stay, the best option for all in the education sector was to make room for it.
According to him, any institution of learning without a viable ICT centre was not prepared for 21st century teaching, hence the need to embrace the system.
Also speaking, the handler of the OPM Foundation ICT Centre, Miss Blessing Essien, said the pupils have so far shown a high level of ICT appreciation.
She said they are handled on software development as well as drawing.
Essien noted that with the rate at which the pupils are going, they could compete with their counterparts around the globe.
She explained the need for a mandatory ICT centre in both public and private schools, saying the programme was a proper fit for the present age.
In her views, one of the pupils in Basic Five, Miss Favour Raphel, said they have been taught the basic principles of computer like mouse handling and how to use the key board.
Raphel hinted that currently she could do the basic computer assignment including writing her name and drawings.
The Tide learnt that the OPM foundation ICT Centre has up to 22 modern computers with accessories, as well as combining ICT teaching with phonetics.
Business
Private sector gets N2.2tr credit in 30 days — CBN
Credit to Nigeria’s private sector rose to N83.26 trillion in June 2026 from N81.04 trillion in May, signifying a positive balance of N2.22 trillion month-on-month.
Year-on-year, the figure represents a nine per cent increase compared with the N76.13 trillion recorded in June 2025. The latest figures come as the CBN continues to balance efforts to control inflation with the need to support economic growth and expand credit to businesses.
The CBN data shows that credit to Nigeria’s private sector increased by approximately 2.74 per cent month-on-month between May and June 2026. Also, the CBN data noted that credit to the government fell slightly to N40.03 trillion from N40.38 trillion. Other assets, net, dropped to N10.76 trillion from N12.63 trillion.
The credit surge signifies sustained growth in lending to businesses and other private-sector borrowers during the month. The rise in private sector credit was recorded alongside an increase in net domestic credit, despite declines in credit to government and other assets.
Further analysis of the report says that compared with June 2025, private sector credit rose by about N7.13 trillion yea-on-year but net domestic credit increased by approximately N1.87 trillion during the month.
The CBN’s relatively tight monetary policy stance notwithstanding, more banks still loaded funds to the private sector within the period. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 306th meeting on July 20 and 21.
The Committee reviewed recent developments in the global and domestic economies, assessed emerging risks to the outlook and considered their implications for monetary policy and retained all rates.
The Committee decided to retain the Monetary Policy Rate at 26.5 per cent; the Standing Facilities Corridor around the MPR at +50/-450 basis points and retain the Cash Reserve Requirement (CRR) for Deposit Money Banks at 45.00 per cent, Merchant Banks at 16.00 per cent, and non-TSA public sector deposits at 75.00 per cent.
The MPC decision means that credit extension in the private sector will likely continue to rise because of rising confidence in the sector and calls by stakeholders for banks to invest in the private scetor instead of government securities.
Business
Solar Power: Host Communities Trust, Partner PIND To Light Up Ikwerre Communities
Business
NDDC Intensifies Women Empowerment Initiative Across Niger Delta
