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Special Seats Bill Will Deepen Democratic Representation — House Committee Chairman

Chairman of the House of Representatives Committee on Media and Public Affairs, Hon. Akin Rotimi, has said the proposed Special Seats Bill before the National Assembly will not increase the cost of governance but will instead strengthen representation and inclusion in Nigeria’s democratic system.

Rotimi stated this during a Stakeholders Consultation and Communication Strategy Meeting organised by the Policy and Legal Advocacy Centre (PLAC) with support from the European Union (EU) in Abuja. The forum brought together lawmakers, civil society leaders, and media professionals to deepen advocacy and public understanding of the Bill.

Addressing widespread concerns, Rotimi explained that Nigeria remains one of the most underrepresented democracies globally, with an average of one legislator per 488,000 citizens — a ratio he described as “among the highest in the world.”

“Adding more legislators will not inflate governance costs; rather, it will improve representation and accountability,” he said.

The lawmaker clarified that the Special Seats Bill seeks to create additional legislative seats for women, rather than displace existing lawmakers.

“The Bill is a corrective, not compensatory measure. It does not take away anyone’s seat; it simply creates new opportunities to address historical gender imbalance in political representation,” Rotimi explained.

He urged the media to counter misinformation and avoid framing the debate as a gender battle, stressing that legislators are allies in advancing inclusion.

“This is not a war between men and women. Lawmakers are partners in progress. We must engage strategically and empathetically, not antagonistically,” he said.

Rotimi also highlighted the role of mentorship and advocacy precision in driving legislative reform, recalling his own journey in public service as an example of how guidance and opportunity can shape leadership.

“I would not be here today without mentorship. We must extend that same support to women and young Nigerians aspiring to lead,” he added.

The lawmaker encouraged stakeholders to hold political parties accountable for promoting female participation beyond the Special Seats framework, noting that countries such as Rwanda, Tanzania, and Uganda have successfully implemented similar initiatives.

“This is not a foreign idea; it is a Nigerian pursuit of fairness, inclusion, and democracy,” he said.

In his remarks, Executive Director of PLAC, Clement Nwankwo, reaffirmed the organisation’s commitment to ensuring the passage of the Bill, describing it as a “national imperative for democratic renewal.”

“Both chambers of the National Assembly have made significant progress on the Bill,” he said. “We must continue to explain that these special seats are not favours,  they are corrective measures aimed at strengthening democracy.”

Nwankwo called for sustained public engagement to bridge communication gaps between lawmakers and citizens.

“We have to remain persuasive, consistent, and informed. This is about fairness, not favour,” he emphasised.

Also speaking, National President of the Nigerian Association of Women Journalists (NAWOJ), Hajia Aishatu Ibrahim, urged for a unified communication strategy that promotes collaboration between institutions, communities, and advocates.

“The Special Seats initiative is not only about women; it is about reimagining governance and expanding Nigeria’s democratic space. If we fail to get it right this time, it will be a setback for both women and democracy itself.”

Representing the Nigeria Union of Journalists (NUJ), John Angese applauded PLAC and the EU for their leadership in convening the forum, pledging the union’s continued support for inclusive governance.

“The NUJ will keep working with civil society to push for gender-balanced legislation. No country can make progress while excluding half of its population,” he said.

Participants at the meeting agreed that inclusive representation remains vital to Nigeria’s democratic consolidation, stressing that empowering women politically is not only a matter of justice but also a critical step toward sustainable national development.

They called for coordinated advocacy and accurate public messaging to secure the Bill’s passage in the National Assembly.

Top 5 Hidden ChatGPT Commands That Make AI Responses Smarter And More Human

As artificial intelligence becomes increasingly integrated into daily life, users of ChatGPT are discovering lesser-known features that can significantly improve how the chatbot communicates, responds, and assists with complex tasks.

While most people rely on ChatGPT for writing, studying, and generating social media captions, only a few are aware of the “secret command codes” that can transform the tool into a more efficient and human-like digital assistant.

These commands, simple yet powerful, allow users to guide ChatGPT’s tone, structure, and level of complexity — making it a more adaptable partner for writers, students, content creators, and professionals.

Below are five of the most effective hidden ChatGPT commands that can help users get faster, smarter, and more natural responses.

1. /human — For Realistic, Conversational Responses

Typing “/human” before a prompt tells ChatGPT to respond in a more natural, relatable tone that mimics human speech. This feature is ideal for anyone writing essays, blog posts, or social media content who wants authentic, emotionally resonant responses.

For instance, typing:
/human Write a caption for my food picture
might produce something like:
“Still thinking about this jollof — 10/10 would eat again.”

This command helps users craft text that passes AI detection tools and reads as if it were written by a real person — a growing advantage for content creators seeking authenticity.

2. TL;DR — The Shortcut for Instant Summaries

TL;DR,” short for Too Long; Didn’t Read, is the go-to command for users who need concise summaries of lengthy documents, reports, or articles.

Typing:
TL;DR Summarise this report on Nigerian fintech trends
prompts ChatGPT to produce a clear, structured summary that retains essential details.

This tool is particularly useful for students, researchers, and journalists managing large amounts of information who need instant, high-quality synopses.

3. ELI10 — Simplify Complex Topics

The ELI10 command, meaning Explain Like I’m 10, makes ChatGPT break down complicated subjects into simple, easy-to-understand language.

For example, entering:
ELI10 Explain how cryptocurrency works
results in a response such as:
“Cryptocurrency is digital money people use online, just like regular money but stored on computers.”

This function benefits educators, beginners, or professionals who want straightforward explanations without technical jargon. Adjusting the number (e.g., ELI5) makes the explanation even simpler.

4. Jargonise — For Professional and Technical Writing

When users need to sound formal or demonstrate subject-matter expertise, the Jargonise command transforms ChatGPT’s tone into a professional, academic, or industry-specific style.

For instance, typing:
Jargonise Explain blockchain technology
will yield a detailed, technical response suitable for reports, research papers, or corporate documents.

It’s a powerful command for professionals in law, finance, technology, or academia who want authoritative, polished content.

5. LISTIFY — For Clean, Organised Results

The LISTIFY command structures ChatGPT’s output into a clear, easy-to-read list. It’s especially helpful for creating bullet points, blog outlines, and social media-friendly posts.

Typing:
LISTIFY Ways to save money in Lagos
produces a neat, numbered response such as:

  • Cook at home instead of eating out
  • Use ride-sharing or public transport
  • Buy groceries in bulk
  • Track monthly expenses carefully

This command ensures ChatGPT delivers organized results, saving users time in editing and formatting.

Bonus Tip: Combine Commands for Maximum Efficiency

Users can also combine these commands to achieve even smarter, tailored responses.

For example:
/human LISTIFY Best side hustles in Nigeria 2025
tells ChatGPT to respond conversationally while formatting the answer as a clean list — perfect for quick, engaging blog content.

Likewise, combining ELI10 and LISTIFY helps produce simplified explanations in structured points — ideal for educational content or explainer guides.

Smarter Prompts, Better Productivity

These hidden commands highlight ChatGPT’s versatility and how users can fine-tune AI behavior with just a few keystrokes. By mastering prompt commands, anyone can make ChatGPT sound more human, think more logically, and respond more effectively — whether for business, learning, or personal productivity.

Federal Reserve Eases Monetary Policy, Slashes Rates y 25bps Amid Record U.S. Government Shutdown

CBN Orders Switches To Halt Payment of Naira Transfers into Dom Accounts
Zimbabwe Re-introduces Use of US Dollar, Battles Against Coronavirus

The United States Federal Reserve on Wednesday announced a 25-basis-point interest rate cut — the second in 2025 — as the country faces its longest federal government shutdown on record.

With this latest reduction, the benchmark federal funds rate now stands between 3.75% and 4.00%, marking another key step in the Fed’s efforts to stabilize the economy amid rising uncertainty and mounting political pressure.

Despite persistent inflationary pressures, the central bank has faced growing calls from former President Donald Trump and other critics to lower borrowing costs to support growth.

In a policy statement following the decision, the Fed acknowledged that while the unemployment rate has inched up, it remains historically low. “Job gains have slowed,” the statement noted, adding that “inflation has moved up and remains somewhat elevated.”

The central bank also pointed out that the ongoing government shutdown — now the longest in U.S. history — has disrupted critical economic data collection, complicating its ability to assess the economy’s health.

According to available indicators, economic activity continues to expand moderately, with recent data showing slower job creation and a modest uptick in unemployment through August. Inflation, meanwhile, remains above the Fed’s long-term target of 2%.

The Federal Open Market Committee (FOMC) reiterated its dual mandate to pursue maximum employment and price stability, emphasizing that uncertainty surrounding the economic outlook remains “elevated.” The committee said it remains “attentive to risks on both sides of its mandate.”

Citing a shifting balance of risks, the Fed said it decided to lower the target range for the federal funds rate by one-quarter percentage point, to a new range of 3.75%–4.00%.

The FOMC also announced plans to end the reduction of its securities holdings by December 1, signaling a pause in its quantitative tightening efforts. The committee reaffirmed its commitment to supporting maximum employment and guiding inflation back to its 2% objective.

Moving forward, policymakers will closely monitor economic data, financial conditions, and global developments to determine whether further adjustments are necessary. The Fed said it remains prepared to alter its policy stance if risks arise that could hinder its objectives.

The decision saw some internal disagreement. Stephen I. Miran voted for a deeper 50-basis-point cut, while Jeffrey R. Schmid preferred to maintain the current rate range. Those voting in favor included Chair Jerome Powell, Vice Chair John C. Williams, and other members of the board.

Tinubu Decorates Newly Appointed Service Chiefs At Presidential Villa

President Bola Ahmed Tinubu on Thursday decorated Nigeria’s newly appointed service chiefs with their respective ranks during a ceremony held at the Council Chamber of the Presidential Villa, Abuja.

The event, which commenced shortly after 2:00 p.m., featured the President performing the decoration alongside Vice President Kashim Shettima and the spouses of the newly promoted officers. The ceremony was marked by a display of military decorum, as each officer appeared in full-service uniform.

The newly decorated chiefs are General Olufemi Oluyede, Chief of Defence Staff (CDS); Lieutenant-General Wahidi Shaibu, Chief of Army Staff (COAS); Vice Admiral Idi Abbas, Chief of Naval Staff (CNS); and Air Marshal Kennedy Aneke, Chief of Air Staff (CAS).

Their decoration follows the Senate’s confirmation of the four nominees on Wednesday, after a two-hour closed-door screening during which they outlined strategic plans to strengthen national security and enhance inter-service collaboration.

President Tinubu had earlier written to the Senate requesting an expedited confirmation process “to ensure continuity and effectiveness in the nation’s security leadership.”

Present at the ceremony were senior government officials, lawmakers, military top brass, and family members of the newly decorated officers. The President, Vice President, and the officers’ spouses took turns pinning the new insignias on each of the service chiefs in a brief but symbolic ritual.

The ceremony comes barely a week after the Presidency announced a major reshuffle within the military hierarchy, a move described by the administration as part of efforts to inject new energy and direction into Nigeria’s defence architecture.

According to a statement signed by the President’s Special Adviser on Media and Public Communication, Sunday Dare, the shake-up reflects the administration’s commitment to repositioning the armed forces for greater efficiency.

The Chief of Defence Intelligence, Major General E. A. P. Undiendeye, however, retained his position.

Speaking to journalists after the ceremony, Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, dismissed speculations linking the recent changes to rumours of a coup plot.

“The President acted within his constitutional authority as Commander-in-Chief. Service chiefs can be appointed or replaced at any time in the interest of national security,” Onanuga said.

Earlier in the week, President Tinubu had held a private meeting with the new service chiefs at the Presidential Villa, where he reportedly charged them to take decisive and coordinated action against insurgents, terrorists, and bandits, particularly in northern Nigeria.

Last week’s military reshuffle came amid reports alleging a planned coup attempt,  claims which the Defence Headquarters promptly dismissed as “false and mischievous.”

The Director of Defence Information, Brigadier General Tukur Gusau, clarified that the alleged arrests mentioned in the report were internal disciplinary issues, not a coup plot, warning that the publication was intended “to sow distrust and unnecessary tension among citizens.”

With their formal decoration, the new service chiefs are now expected to steer the nation’s security apparatus towards greater stability, synergy, and operational effectiveness in tackling emerging threats across the country.

Tinubu Approves 15% Import Duty On Petrol, Diesel To Protect Local Refiners

President Bola Tinubu has approved the introduction of a 15 per cent ad-valorem import duty on petrol and diesel imports into Nigeria, a move aimed at protecting local refineries and stabilising the downstream petroleum market.

The directive, contained in a letter dated October 21, 2025, and addressed to the Federal Inland Revenue Service (FIRS) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), was made public on Wednesday, October 30.

Signed by the President’s Private Secretary, Damilotun Aderemi, the letter conveyed Tinubu’s approval following a proposal by the Executive Chairman of the FIRS, Dr. Zacch Adedeji, seeking to impose the tariff on the Cost, Insurance, and Freight (CIF) value of imported petrol and diesel.

According to Adedeji, the measure forms part of the administration’s ongoing fiscal and energy sector reforms designed to promote local refining, stabilise prices, and strengthen Nigeria’s oil-based economy in line with the Renewed Hope Agenda.

“The core objective of this initiative is to operationalise crude transactions in local currency, strengthen refining capacity, and ensure a stable and affordable petroleum supply nationwide,” Adedeji explained.

He noted that the absence of parity between locally refined products and imported fuel prices has created instability in the downstream sector.

“While domestic refining of petrol has begun to expand and diesel sufficiency has been achieved, price instability persists, partly due to the misalignment between local refiners and importers,” he added.

Adedeji warned that import parity pricing — which determines retail pump prices — often falls below cost recovery levels for domestic producers, especially during foreign exchange fluctuations and rising freight costs, thereby discouraging investment in local refining.

The FIRS boss further stated that the government’s role was now twofold: to protect consumers and local producers from unfair pricing while creating a level playing field for investors.

“This tariff framework will discourage duty-free imports from undercutting domestic refiners and help establish a fair and competitive downstream environment,” he said.

Projections accompanying the memo show that the 15 per cent import duty could raise the landing cost of petrol by approximately ₦99.72 per litre, pushing the Lagos pump price to around ₦964.72 per litre ($0.62) — still below regional averages such as Senegal ($1.76), Côte d’Ivoire ($1.52), and Ghana ($1.37) per litre.

The new policy aligns with the government’s drive to reduce Nigeria’s dependence on imported petroleum products. Although the 650,000-barrels-per-day Dangote Refinery and several modular refineries in Edo, Rivers, and Imo States have commenced limited production, imported petrol still accounts for about 67 per cent of national demand.

With the new import tariff, the Tinubu administration hopes to strengthen domestic refining, encourage investment in local capacity, and ensure long-term energy security and fiscal stability.

NGX Group Market Capitalisation Jumps 37.7% To ₦141.75 Trillion

NGX Records N256bn Loss Last Week

The Nigerian Exchange Group (NGX Group) has reported a significant 37.7% increase in its total market capitalisation, which rose to ₦141.75 trillion as of September 2025, compared to ₦102.94 trillion recorded during the same period in 2024.

The performance highlights renewed investor confidence and the Group’s continued progress under the leadership of its Group Managing Director and Chief Executive Officer, Temi Popoola.

According to Popoola, the growth underscores the connection between the capital market’s strength and the prosperity of the communities it serves.

“For us at NGX Group, strong markets are built on strong communities. Inclusive growth and social well-being are the bedrock of a resilient economy,” he said.

In line with this philosophy, the NGX Group has advanced its social responsibility initiatives, most notably through Project BLOOM (Bringing Life to Our Overlooked Minors). The initiative, executed in collaboration with the Lagos State Government and the Health Emergency Initiative, has benefited more than 200 children and 180 caregivers in underserved communities such as Ajegunle and Yaba, providing medical care, nutrition education, and therapeutic food.

The Group is also driving market accessibility through digital innovation. Its NGX Invest e-offering platform has facilitated over ₦2 trillion in capital raising for corporations, democratizing access to public offers and rights issues for retail investors across Nigeria.

Beyond social impact and digital expansion, NGX Group continues to lead in sustainability efforts with the Nzero Initiative, which supports listed companies in tracking, reporting, and reducing their carbon emissions in alignment with global ESG standards.

Popoola emphasized that the Group’s focus on environmental, social, and governance principles has reinforced transparency and deepened long-term investor trust.

“Our vision is to build markets that thrive alongside society and the environment,” he noted. “We measure our success not just by the wealth we create, but by how broadly it is shared and how sustainably it is generated.”

Through initiatives like Project BLOOM and NGX Invest, NGX Group aims to close the gap between financial growth and social development, positioning itself as both a driver of capital formation and a catalyst for community transformation.

Global Oil Prices Drop As Rising US Output And OPEC+ Supply Plans Weigh On Markets

Oil prices retreated on Thursday as global markets reacted to higher US crude output and expectations of additional supply from OPEC+ producers, even as the US Federal Reserve signaled a pause in its monetary easing cycle.

Data from the US Energy Information Administration (EIA) showed that American crude production climbed, while the OPEC+ coalition is preparing to announce further output increases. These developments dampened investor sentiment and pushed prices lower.

Brent crude traded at $63.81 per barrel, down 0.57% from the previous session’s $64.18, while West Texas Intermediate (WTI) fell 0.43% to $59.93 per barrel from $60.19.

In line with market forecasts, the Federal Reserve reduced its benchmark policy rate by 25 basis points to a range of 3.75%–4%. However, it cautioned that this could be the final rate cut of the year, warning that potential government shutdown risks might affect future data availability.

The Fed reported that while the US economy continued to expand moderately, job growth had slowed and inflation pressures had persisted.

During the policy briefing, Fed Chair Jerome Powell stated that a further rate reduction in December “is not a foregone conclusion,” stressing that future decisions would depend on incoming economic data. His remarks reinforced expectations that the Fed might pause additional rate cuts, a move that typically weighs on oil demand.

Analysts observed that lower interest rates generally stimulate economic growth and fuel demand, while tighter monetary policy tends to suppress consumption and push prices lower.

According to the EIA, US commercial crude inventories dropped by about 6.9 million barrels to 416 million barrels last week, a sharper decline than market expectations of 900,000 barrels. Gasoline inventories also decreased by 5.9 million barrels to 210.7 million barrels.

Despite the inventory drawdown, US crude production rose by 15,000 barrels per day to 13.644 million barrels, easing earlier concerns about tight supply.

Attention is now shifting to the upcoming OPEC+ meeting scheduled for November 2, where member countries are expected to confirm an additional output increase of 137,000 barrels per day for December.

This anticipated boost has further eased market fears about supply shortages, keeping prices under downward pressure.

Meanwhile, renewed optimism from US-China diplomatic engagements helped limit losses. US President Donald Trump met with Chinese President Xi Jinping in Busan, South Korea, marking their first in-person dialogue since Trump’s return to office.

Xi emphasized that China and the US “should be friends and partners,” stating that cooperation aligns with both nations’ interests. Trump confirmed progress in trade discussions and announced plans to cut tariffs on Chinese goods tied to fentanyl imports to 10%, alongside a planned visit to China in April.

Analysts believe these developments could support global energy demand in the medium term by improving market sentiment and trade relations.

Nigerian Banks Increase CBN Placements To ₦4.1 Trillion Amid Stable Interest Rates

Nigerian deposit money banks (DMBs) have ramped up their placements with the Central Bank of Nigeria (CBN) through its Standing Deposit Facility (SDF), a move analysts say reflects efforts to enhance earnings amid improved market liquidity.

In October, liquidity in the money market remained robust, helping to stabilise short-term benchmark interest rates after the September monetary policy adjustments.

Commercial banks have increasingly channelled excess funds into the CBN’s deposit window, taking advantage of the 24.50% standing deposit facility rate, which offers higher returns compared to yields on treasury bills.

Analysts noted that with minimal funding pressures in the system, interbank rates have been confined within a tight range — a situation expected to influence returns on money market funds in the short term.

On Wednesday, interbank lending rates fell again, underscoring a healthy funding position across the banking sector in the absence of CBN liquidity mop-ups.

Fresh data revealed that total system liquidity expanded by 18.25%, pushing the surplus balance to ₦4.49 trillion from ₦3.80 trillion the previous day. The rise was largely supported by an additional ₦693.6 billion inflow, primarily driven by the SDF window.

In the absence of open market operations, DMBs’ total placement with the CBN climbed to ₦4.1 trillion, indicating strong liquidity levels despite the settlement of ₦313.8 billion related to the October 2025 bond auction.

Consequently, the average funding cost declined marginally by one basis point, with the Open Repo Rate (OPR) holding at 24.50%, while the Overnight Lending (O/N) rate dipped slightly by two basis points to 24.84%.

Market analysts predict that funding costs will likely remain steady in the near term, barring any liquidity intervention or major funding activities by the CBN.

Investors Offload Nigerian Bonds As Yield Pressures Mount Amid Rate Adjustments

FGN Bond For Jan. 2021 Oversubscribed

Nigerian bond yields climbed higher this week as investors moved to take profits following the recent rate cuts that triggered a wave of sell-offs across mid- and long-term government securities in the secondary market.

Investor appetite for Federal Government bonds weakened as the Debt Management Office (DMO) trimmed spot rates on reopened instruments at its latest auction. This downward revision in borrowing rates has stirred cautious sentiment among traders who anticipate a further decline in returns.

At the recent primary market auction, the DMO reduced the stop rate on the 5-year reopened bond to 15.832%, down from 16% recorded in September. Similarly, the 7-year bond’s rate was slashed to 15.85%, compared to 16.20% in the previous auction.

Market observers noted that the rate adjustments signaled government confidence in easing inflationary pressures and aligning borrowing costs with the broader interest rate environment. However, the move also dampened market enthusiasm, as investors reassessed their yield expectations in a softening interest rate climate.

In the secondary market, the cautious mood was evident as traders adopted a bearish stance. Benchmark bond yields rose by 3 basis points, climbing to 15.92% from 15.88% recorded the previous day.

Several maturities faced pronounced sell-offs, particularly the April 2029 (+39 bps), May 2029 (+38 bps), November 2029 (+27 bps), and August 2030 (+10 bps) papers. These movements reflected increased investor repositioning amid concerns that lower auction rates could suppress yields further.

Interestingly, not all segments of the curve moved in the same direction. The 20-Mar-2027 and 17-Apr-2029 instruments saw slight yield declines to 16.01% (-1 bp) and 16.04% (-8 bps), respectively, suggesting selective buying at attractive price points. In contrast, the 28-Apr-2029 and 22-May-2029 papers experienced significant upward yield adjustments of 39 bps and 38 bps, respectively.

Analysts in the fixed-income market told MarketForces Africa that the current sell-off is largely a short-term reaction to the repricing of yields. They expect the bearish momentum to persist as investors adopt a risk-off strategy amid uncertainty surrounding inflation trends and future monetary policy directions.

The analysts added that while the lower rates could help the government reduce its borrowing costs, the development might discourage investors seeking higher returns, especially in an environment where real yields remain compressed due to persistent inflation.

Thursday Chronicles: Who Says Growing Up Is A Good Idea?

Another Thursday is here. The week is crawling, the sun is boiling, your boss is asking for reports you’ve not started, and your account balance is blinking like a faulty traffic light. You’re wondering how you got here, a full-grown adult with responsibilities, bills, and back pain from simply sleeping on the wrong pillow. You think about your childhood and ask yourself, “Why was I ever in a hurry to grow up?”

As kids, we wanted nothing more than to be adults. Adults seemed so powerful. They didn’t get shouted at for watching TV late, they could eat meat at will, and they had money, or so we thought. Nobody warned us that adulthood is just childhood but with invoices, heartbreak, and a permanent state of tiredness.

Now, every morning, you wake up to alarms you snoozed six times already. You lie in bed, staring at the ceiling, not because you’re planning your day, but because you’re mentally negotiating with life. “Should I go to work today or sell puff-puff for a living?” You check your phone, hoping for a credit alert. Instead, you see debit alerts you don’t remember approving. Even your bank seems to be more active than your village WhatsApp group.

You drag yourself out of bed, manage to brush your teeth, and remember you forgot to buy foodstuffs. Again. You consider fasting, not for spiritual reasons, but because there’s literally nothing to eat. You open your fridge and it greets you with air. You sigh and move on. There’s no time for emotions; you’re already late.

Transportation is another daily trauma. Whether you’re in Lagos, Ibadan, Abuja, or even small towns, something always goes wrong. The bus conductor never has change, the bike man wants to charge you like you’re headed to Canada, and Uber prices rise like bread on public holidays. If you drive, you’re battling traffic and praying your fuel doesn’t finish in front of LASTMA. You finally get to work, sit at your desk, and stare at your screen like it holds the meaning of life. But it doesn’t. It just holds Excel sheets, emails from HR, and a Google Doc you opened one hour ago and haven’t typed a single word into.

Adulthood is not a linear journey. Some days you feel like you’re thriving, you clean your room, cook real food, drink water, reply to emails, and even stretch before bed. Other days, you’re a hot mess, eating biscuit and Coke for dinner, dodging calls from people you owe, and wondering if this is how your life will be forever.

And then, there’s social media, the headquarters of pressure. You open Instagram, and someone your age is buying their third car, opening their fifth business, and flying to Dubai “for mental clarity.” Meanwhile, your own mental clarity is in the hands of PHCN and your data balance. You try to stay positive, but comparison creeps in. It feels like everyone else has the cheat code except you.

But here’s the truth nobody says loudly enough: everyone is winging it. Even those with pretty feeds and perfect captions are just trying not to crash. Life is hard. Being a Nigerian adult is even harder. From bad governance to bad roads, unstable electricity to unstable relationships, the obstacles are plenty, but somehow, you’re still standing.

Adulting teaches you strange skills. You learn to act like you’re fine when you’re not. You learn to smile through stress. You master the art of stretching ₦5,000 for one week. You can cook without gas, survive without light, and still show up at work looking like a respectable citizen. That is talent. That is resilience.

It also teaches you gratitude. You begin to understand the joy of peace and the satisfaction that comes with small wins. Finishing a task on time becomes a celebration. Finding cheap yams becomes a breakthrough. Sleeping without waking up with neck pain? That’s a miracle. Every little good thing starts to matter more because the big wins don’t come often, and when they do, they rarely stay long.

You realize that nobody really knows what they’re doing. Everyone is just trying. Your parents, your boss, and your friends are all navigating life one mistake at a time. There’s no manual. No roadmap. Just faith, food, and the occasional motivational quote that actually makes sense.

So, maybe growing up isn’t what we thought it would be. It’s not about constant wins or having all the answers. It’s about showing up when you’re tired, laughing when you feel like crying. Saving money you don’t even have. And hoping that somehow, all the madness will lead to meaning.

You are not failing. You are just a human in Nigeria. You are tired because life is heavy. You are confused because the path is messy. But you are doing better than you think. You are learning, growing, stretching. You are becoming strong, smart, and full of stories. Stories you’ll one day tell and laugh at, even the ones that don’t feel funny right now.

So, breathe. Drink water. Call your friend. Eat that rice with no meat. Rest. Reply that email tomorrow. Life will wait. It’s been waiting. It’s not going anywhere.

And if no one told you today, you’re doing a great job. Even if all you did was survive. That’s still something.

Thanks for sticking around for another episode of Thursday Chronicles.
Adulthood may be a scam, but at least you’re in good company. We’ll meet here again next week, same space, same laughter, same relatable madness. Until then, keep going, one small win, one awkward laugh, and one late-night Google search at a time.

What You Need To Know About The NSCDC, Immigration, And Fire Service Recruitment Shortlist 2025

The Federal Government has announced the release of the shortlist for candidates eligible to participate in the Computer-Based Test (CBT) stage of the ongoing recruitment into key paramilitary agencies in Nigeria.

The announcement was made by the Secretary of the Civil Defence, Correctional, Fire, and Immigration Services Board (CDCFIB), retired Major General Abdulmalik Jubril, in an official statement issued on Wednesday in Abuja.

Here’s everything you need to know about the shortlist and the next stage of the recruitment process:

1. Which Agencies Are Involved?

The shortlist covers applicants who applied for positions in four major paramilitary institutions under the CDCFIB. These include:

  • The Nigeria Security and Civil Defence Corps (NSCDC)
  • The Nigeria Immigration Service (NIS)
  • The Federal Fire Service (FFS)
  • The Nigerian Correctional Service (NCoS)

These agencies are key components of Nigeria’s internal security framework and operate under the supervision of the Ministry of Interior.

2. When and Where to Check the Shortlist

All applicants who submitted applications for any of the above agencies can now check their shortlist status starting from Thursday, October 30, 2025.

Candidates are required to visit the official CDCFIB recruitment portal at https://recruitment.cdcfib.gov.ng to verify whether they have been shortlisted for the next phase.

3. Details of the Computer-Based Test (CBT)

According to Maj.-Gen. Jubril, shortlisted candidates must pay attention to the venue, date, and time assigned to them for the CBT. These details will be available on the recruitment portal once candidates log in.

The CBT represents a crucial stage in the recruitment exercise and will assess applicants’ basic knowledge, aptitude, and suitability for various roles within the paramilitary services.

4. Beware of Fake Portals and Scams

The CDCFIB has issued a strong warning to applicants to avoid fraudulent websites and individuals posing as recruitment agents. Only information published on the official portal should be trusted.

Maj.-Gen. Jubril emphasized that the federal government does not charge applicants for shortlisting, screening, or testing, and any such claims from unofficial sources should be treated as scams.

5. Over 1.9 Million Nigerians Applied

In an earlier report by BizWatch Nigeria, it was revealed that more than 1,911,141 Nigerians applied for recruitment into the paramilitary agencies before the application portal closed on Monday, August 11, 2025.

This massive figure highlights the strong interest among Nigerians in pursuing careers in federal security agencies, which are widely regarded for their job stability and public service opportunities.

6. What Happens Next

After the CBT, successful candidates will move on to further screening stages, which may include physical fitness assessments, document verification, and background checks before final selection.

Applicants are encouraged to regularly check the official recruitment website for updates and to ensure that their contact details remain accurate.

Key Takeaway

If you applied for the NSCDC, NIS, FFS, or NCoS recruitment, now is the time to confirm your status on the CDCFIB portal. Follow all instructions carefully, prepare for your CBT, and stay alert to avoid recruitment scams.

Tinubu Cancels Clemency For Sanda, 140 High-Profile Convicts In Revised Pardon List

President Bola Ahmed Tinubu has revoked the presidential pardon previously granted to 175 inmates, including several convicted of drug trafficking, kidnapping, and fraud, after widespread public criticism of the clemency list announced on October 11.

According to a statement issued by Bayo Onanuga, the President’s Special Adviser on Information and Strategy, Tinubu ordered a comprehensive review of the list approved at the National Council of State meeting on October 9, 2025.

Following consultations with the Council and security agencies, the number of beneficiaries was reduced from 175 to 120, with several high-profile individuals—such as Maryam Sanda, convicted in 2020 for murdering her husband—removed from the list.

Onanuga said the decision was made “in view of the seriousness and national security implications of certain offences, and the need to uphold justice, fairness, and public confidence in the judicial system.”

The Presidency cited Section 175(1) and (2) of the 1999 Constitution as the legal foundation for the review, emphasizing that the concept of justice must balance the interests of the accused, the victim, and the state.

The new gazette, issued by the Attorney-General of the Federation, Lateef Fagbemi (SAN), detailed the revised pardon list and outlined new criteria for exercising presidential clemency. The Secretariat of the Presidential Advisory Committee on Prerogative of Mercy has also been relocated to the Ministry of Justice for closer oversight.

Fagbemi explained that some names were struck out after a due-process audit revealed that several convicts failed to meet the requirements for clemency. Others had their sentences reduced rather than fully pardoned to reflect a balance of mercy and justice.

Under the updated list, 15 inmates were granted early release based on good conduct, rehabilitation, and vocational training. Additionally, four prisoners on death row had their sentences commuted to life imprisonment for demonstrating remorse and consistent participation in reformation programmes.

Notably, the revised pardon list retains a few symbolic cases of historic injustice, including Herbert Macaulay, Maj.-Gen. Mamman Vatsa, and the Ogoni Nine activists, who were executed in 1995. It also includes four living former public officials—Anastasia Nwaobia, Hussaini Umar, Ayinla Alanamu, and Farouk Lawan—who were convicted of corruption but have since served their terms.

The Presidency reaffirmed that future pardon lists will undergo stricter scrutiny, with mandatory consultations with law enforcement and prosecuting agencies to prevent a recurrence of controversies.

President Tinubu expressed appreciation for the constructive public feedback and reiterated his administration’s commitment to justice reforms, fairness, and the promotion of restorative justice principles.

Dollar To Naira Exchange Rate For 30th October 2025

Dollar To Naira Exchange Rate For 8th Dec 2023

The exchange rate between the Naira and the US dollar, according to the data released on the FMDQ Security Exchange, the official forex trading portal, showed that the naira closed at 1480.00 per $1 on Thursday, October 30th , 2025. The naira traded as high as 1442.00 to the dollar at the investors and exporters (I&E) window on Wednesday.

How much is a dollar to naira today in the black market?

Dollar to naira exchange rate today black market (Aboki dollar rate):

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players sell a dollar for ₦1495 and buy at ₦1480 on Wednesday 29th October, 2025, according to sources at Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Selling Rate₦1495
Buying Rate₦1480

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN)CBN Rate Today
Highest Rate₦1450
Lowest Rate₦1442

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

EFCC Returns Houses, Luxury Cars, And ₦1.1m To Fraud Victim In Oyo

The Economic and Financial Crimes Commission (EFCC) has returned three properties, two luxury vehicles, and ₦1.1 million in cash to a fraud victim, Mr. Daniel Babatunde Attiogbe, following the conviction of a self-proclaimed spiritualist, Fatai Olalere Alli, popularly known as Baba Abore or Baba Osun, who defrauded him of over ₦200 million.

The assets were officially handed over on Wednesday in Ibadan by the EFCC Acting Zonal Director, Assistant Commander Hauwa Garba Ringim, on behalf of the Commission’s Executive Chairman, Mr. Ola Olukoyede.

In a statement, the Commission said the recovery was made in compliance with a court order secured after Alli’s conviction for obtaining money by false pretence under the guise of conducting spiritual cleansing to prevent “visions of untimely death.”

The forfeited assets include: a five-bedroom duplex with an adjoining three-bedroom bungalow at Kasumu Village, Odo-Ona Elewe, Ibadan;

A bungalow comprising two sets of three-bedroom flats at Plot 182, Block D, Lapiti Layout, Akanran Road, Amuloko;

A three-bedroom bungalow at Idi Ayunre Village, Oluyole Local Government Area of Oyo State;

A grey Honda Pilot SUV (Reg. No. LND 696 CK, Chassis No. 2HKY18414H621545);

A Toyota Corolla (Chassis No. 2T1BU40E49C142502); and

₦1.1 million in cash.

Speaking during the handover ceremony, Olukoyede, represented by Ringim, reiterated the Commission’s commitment to justice and transparency.

“Obeying court orders is mandatory, and as an agency of the Federal Government, we understand its importance. That is what we are doing here today. This demonstrates that the EFCC operates strictly within the ambit of the law and remains committed to transparency and accountability.” Olukoyede said.

He assured that the Commission would sustain its fight against economic crimes and ensure that fraudsters are brought to justice.

“We will stop at nothing to ensure that anyone tarnishing Nigeria’s image through fraudulent activities is made to face the law,” he added.

Receiving the documents, Attiogbe commended the EFCC for restoring his confidence in the justice system.

“I almost gave up, but the EFCC rekindled my hope after I submitted my petition. I sincerely thank the Commission, especially the Ibadan Zonal Office, for its professionalism and integrity,” he said.

The restitution followed a final forfeiture order granted by Justice Uche Agomoh of the Federal High Court, Ibadan, on November 13, 2024.

Alli, who was initially arraigned on a 33-count charge before it was amended to a single count, was convicted and sentenced to three years in prison. He was also ordered to sign an undertaking with the Department of State Services (DSS) to maintain good behaviour and desist from any future criminal activity.

The EFCC reaffirmed that the successful restitution serves as a reminder of its unwavering resolve to pursue financial crimes, protect citizens, and uphold the integrity of Nigeria’s justice system.

Treasury Bills Yield Stable At 17.39% As Market Sentiment Softens

Nigeria’s Treasury Bills (T-bills) market maintained a stable performance on Wednesday as the average yield dipped marginally by one basis point to 17.39%, continuing its bullish momentum in the secondary market.

According to data from Meristem Securities Limited, the yield drop was broad-based across most maturities except for the June 2026 paper, which experienced mild selling pressure that pushed its yield higher by 12 basis points.

Analysts at CardinalStone Securities Limited noted that the modest yield contraction—averaging about 1bp across several maturities—was driven by investor bargain-hunting following recent adjustments in spot rates at last week’s auction. However, this was offset by an 11bps rise on the 04-Jun note, resulting in a flat closing yield.

Cordros Securities Limited reported that yields declined slightly across the short (-1bp) and mid (-1bp) segments, reflecting sustained demand for shorter-dated maturities of 85 and 176 days to maturity, respectively. The long end of the curve remained flat amid low activity.

Conversely, yields in the Open Market Operations (OMO) segment expanded by 10bps to close at 22.0%, as investors repositioned ahead of fresh central bank issuances.

Market experts believe the current yield trend reflects investors’ cautious optimism, balancing attractive short-term returns against Nigeria’s high inflation rate, which continues to erode real investment gains.

Despite softer trading volumes, analysts maintain that demand for short-term instruments remains resilient as investors seek stability in an uncertain macroeconomic environment.

Nigeria Eyes $74 Billion GDP Growth From Revamped Livestock Industry

The Federal Government has unveiled an ambitious plan to raise Nigeria’s livestock sector contribution to the national economy from $32 billion to $74 billion by 2035 under the newly launched National Livestock Growth Acceleration Strategy (NL-GAS 2025–2035).

Minister of Livestock Development, Dr. Idi Maiha, disclosed this during a Donor and Partnership Workshop held in Abuja, themed “Strengthening Strategic Partnership for Livestock Transformation.” The workshop brought together development partners, donors, and government agencies to galvanize support for implementing the new roadmap.

According to Maiha, the NL-GAS is a market-driven, private sector-led, and government-enabled blueprint designed to modernize Nigeria’s livestock industry and unlock its full economic potential.

“It is not just an aspiration—it is achievable,” he said. “With the right political will, strong private sector involvement, and donor partnership, Nigeria’s livestock industry can become a major driver of inclusive growth and food security.”

Maiha highlighted that the establishment of the Federal Ministry of Livestock Development in 2024 by President Bola Tinubu was a strategic move to position the sector as a pillar of food and nutrition security, climate resilience, and national economic diversification.

He noted that the initiative is aligned with Nigeria’s target of achieving a $1 trillion economy by 2030, emphasizing that the livestock sector alone is projected to contribute at least $74 billion to the GDP by 2035.

The minister added that the NL-GAS rests on ten strategic pillars aimed at addressing key industry challenges — including livestock value chain enhancement, animal health management, feed and fodder production, water resource optimization, peacebuilding, infrastructure development, and the empowerment of women and youth.

“Women and youth are the backbone of this transformation,” Maiha stressed. “Our goal is to double the national herd, boost productivity, and make Nigeria a global supplier of high-quality animal protein.”

Development partners reaffirmed their support for the initiative. Temitayo Omole, Programme Manager at the EU Delegation to Nigeria and ECOWAS, described livestock as a strategic area of interest for the EU, particularly in feed production, breeding, and animal health.

“We are already working with Nigerian ministries and agencies to address critical diseases such as Newcastle disease in poultry and PPR in ruminants through vaccine production,” Omole said.

Similarly, Dr. Hussein Gadain, the FAO Country Representative, said the UN agency has been working closely with the government and rural communities to promote sustainable livestock practices, disease eradication, and improved nutrition outcomes.

“Livestock is central to rural livelihoods and food systems,” he explained. “By strengthening this sector, we are helping millions of Nigerians access protein sources while improving national food security.”

FG Releases N2.3bn To Settle University Unions’ Salary Arrears

The Federal Government has disbursed N2.3 billion to university-based unions to clear outstanding salary arrears and enhance staff welfare across tertiary institutions.

Minister of Education, Dr. Tunji Alausa, announced the release on Wednesday in Abuja while giving updates on the government’s ongoing engagements with the Academic Staff Union of Universities (ASUU) and other tertiary education unions.

Alausa said the intervention reflects the administration’s resolve to address long-standing welfare and funding challenges in the education sector through fiscal reforms, policy consistency, and constructive dialogue.

“A total of N2.311 billion has been released through the Office of the Accountant-General of the Federation to the universities,” Alausa said. “Benefiting institutions should begin to receive payment alerts anytime from now.”

He explained that the Ministry of Finance and the Office of the Accountant-General of the Federation are finalising the release of outstanding third-party non-statutory deductions and pension remittances to ensure full settlement of obligations.

The minister also disclosed that the government plans to integrate the Earned Academic Allowance (EAA) into the regular salaries of university staff beginning in 2026, to ensure predictable and sustainable payment structures.

In addition, funds have been released under the Needs Assessment of Nigerian Universities (NANU) project, with provisions for continued funding through the national budget to address infrastructure and manpower gaps.

Dr. Alausa emphasised that the government remains committed to peaceful engagement with the academic and non-academic unions, noting that most pending issues are being resolved through the Yayale Ahmed-led negotiation committee.

“Our discussions with the unions are being conducted truthfully and in good faith, the priority is to ensure all matters are handled responsibly and in the best interest of our education system.” He said.

He stressed that all financial commitments must align with approved budgetary provisions to ensure the long-term stability of the university system.

The minister reaffirmed that President Bola Tinubu’s administration will continue to prioritise education as a key pillar of national development, assuring stakeholders that the government remains open to dialogue in resolving lingering issues affecting the tertiary education sector.

FG Releases ₦2.3bn To University Unions To Clear Salary Arrears

The Federal Government has disbursed ₦2.3 billion to university-based unions to clear outstanding arrears, reaffirming its commitment to revitalising the nation’s tertiary education sector.

Minister of Education, Dr. Tunji Alausa, announced the release on Wednesday while briefing reporters on the government’s engagements with the Academic Staff Union of Universities (ASUU) and other campus-based unions.

According to Alausa, the funds were processed through the Office of the Accountant-General of the Federation (OAGF) as part of the government’s pledge to settle inherited obligations and enhance staff welfare.

“A total of ₦2.311 billion has been released to universities. Beneficiary institutions will begin to receive payment alerts soon,” the minister said.

He also disclosed that the government is finalising the release of third-party deductions and pension remittances to NUPEMCO and other relevant bodies. Additionally, the Earned Academic Allowance (EAA) will be integrated into university salaries starting from 2026, ensuring consistent payments.

Alausa confirmed that additional funds have been disbursed under the Needs Assessment of Nigerian Universities project, with corresponding budgetary allocations for continuity.

He stressed that President Bola Tinubu remains focused on sustainable education financing, noting that recent reforms and payments have addressed several long-standing challenges in the sector.

“Our government will continue to honour all realistic and financially sustainable commitments to the university community,” Alausa assured.

National Assembly Approves Tinubu’s $2.35bn External Loan Request

CBN: Reps Raise FG's Borrowing Limit To 15%

Nigeria’s National Assembly has granted approval for President Bola Tinubu to raise $2.347 billion from international lenders to finance the 2025 budget deficit and refinance maturing Eurobonds.

The legislative approval also includes the issuance of a $500 million debut sovereign sukuk in the international capital market to fund major infrastructure projects and diversify the country’s funding sources.

The decision followed the adoption of reports from both the Senate and the House of Representatives Committees on Aids, Loans, and Debt Management. In the lower chamber, Speaker Tajudeen Abbas presided over the plenary where the report was presented by Hon. Abubakar Hassan Nalaraba.

According to the report, lawmakers approved a new external borrowing of ₦1.84 trillion (equivalent to $1.229 billion) at the exchange rate of ₦1,500 per dollar as stipulated in the 2025 Appropriation Act. The funds will help bridge the ₦9.27 trillion budget deficit.

President Tinubu had earlier sought legislative backing, citing sections 21(1) and 27(1) of the Debt Management Office (Establishment) Act, 2003, which require parliamentary approval for all new external borrowings.

He noted that the loans would be sourced through various instruments, including Eurobonds, syndicated loans, or bridge financing facilities, depending on prevailing global market conditions.

Analysts say the approval marks a key step toward strengthening Nigeria’s fiscal capacity and ensuring the timely execution of the 2025 budget.

Senate Confirms New Service Chiefs As Nominees Outline Vision For Technologically Advanced, Others

The Senate has confirmed Nigeria’s four new service chiefs following extensive screening sessions in Abuja, where each nominee presented comprehensive strategies aimed at building a smarter, self-reliant, and technology-driven military.

The confirmations came after President Bola Ahmed Tinubu, last week, forwarded the names of Lt-Gen Olufemi Oluyede (Chief of Defence Staff), Maj-Gen Waidi Shaibu (Chief of Army Staff), Rear Admiral Idi Abbas (Chief of Naval Staff), and Air Vice Marshal Sunday Aneke (Chief of Air Staff) to the Senate for approval.

During the screening, the nominees unveiled distinct yet complementary blueprints focused on local defence production, inter-service cooperation, troop welfare, and technological innovation as key drivers of national security reform.

Chief of Defence Staff, Lt-Gen Olufemi Oluyede, underscored the urgent need for Nigeria to invest in domestic military production, describing dependence on imported weapons as “unsustainable and economically draining.”

“No nation can claim true sovereignty without control over its defence production; we must develop the capacity to produce, equip, and defend the nation from within.” Oluyede stated. “

He also emphasised emerging threats such as cyber warfare, misinformation, and internal security lapses, stressing that the welfare of troops must reflect their sacrifices.

Chief of Army Staff, Maj-Gen Waidi Shaibu, pledged to modernise counter-terrorism and counter-insurgency operations through technology, intelligence gathering, and improved troop morale.

“The welfare of our soldiers is central to maintaining fighting power. We will prioritise living conditions, ensure prompt financial support, and expand access to quality healthcare and education.” He said.

Shaibu further committed to enhancing night-fighting capabilities, retraining special forces, and strengthening the Operation Safe Corridor (OPSC) programme for the rehabilitation of repentant insurgents, calling for a whole-of-society approach to sustainable peace.

Chief of Naval Staff, Rear Admiral Idi Abbas, ruled out the creation of a new Coast Guard, arguing that the Nigerian Navy’s constitutional mandate already covers coastal security and maritime defence.

“Resources should go into upgrading existing platforms and logistics, not creating parallel structures,” he said.

Abbas revealed plans to deploy drones, digital surveillance, and a new Special Operations Command in Makurdi to safeguard inland waterways and combat oil theft and piracy. He also stressed the importance of community engagement and coordination with civil and law enforcement agencies in maritime operations.

Air Power and Adaptive Warfare

Chief of Air Staff, Air Vice Marshal Sunday Aneke, emphasised the need for adaptability, intelligence, and innovation to stay ahead of contemporary threats.

“The enemy you are fighting went to school — he is as smart as you. Your greatest mistake is to think of him as ragtag,” he warned.

A seasoned pilot with over 4,300 flying hours and multiple advanced degrees, Aneke pledged to drive intelligence integration, cost efficiency, and joint operations among the armed forces.

“Security is not a solo effort,” he said. “The Air Force, Navy, and Army must operate as one cohesive unit.”

His agenda focuses on adaptive warfare, continuous training, and technological innovation to ensure the Nigerian Air Force remains agile and proactive against evolving security challenges.

Senate Commendation and Outlook

Senate President Godswill Akpabio commended the nominees for their professionalism, depth, and patriotism, describing their collective vision as one that reflects “a new generation of military leaders ready to defend Nigeria with intellect, innovation, and integrity.”

He noted that their shared priorities — self-reliance in defence production, technology-driven operations, troop welfare, and inter-agency synergy — align with President Tinubu’s broader national security reforms.

With their confirmation, the new service chiefs now face the task of transforming their ambitious visions into actionable strategies in a complex security environment marked by insurgency, cyber threats, oil theft, and resource constraints.

Their unified doctrine, however, signals a clear direction: to build a self-sufficient, well-equipped, and technologically superior Nigerian Armed Forces committed to protecting the nation with unity and innovation.

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