Calabar news in brief for February 5: Thursday’s top headlines

Obubra Launches WASH Task Force

Cross River State has launched a Water, Sanitation, and Hygiene (WASH) task force in Obubra Local Government Area. This initiative aims to improve governance and service delivery in the WASH sector across the state. The task force will focus on implementing policies and programs to ensure better access to clean water and improved sanitation facilities for residents. This development is expected to enhance public health and well-being in Obubra and contribute to the state’s overall development goals. Source

Aspire Foundation Quiz Winner Announced

Enoghi Secondary School in Ikom has won the 2026 Aspire Educational Foundation quiz competition for secondary schools in Cross River State’s Central Senatorial District. The school secured first place with 28 points, followed by Government Technical College, Obubra, with 26 points. The competition, held in Ikom, awarded cash prizes and scholarships, with the top four students from the winning school automatically enrolled in the ASPIRE Foundation scholarship scheme. The event aims to encourage academic excellence and knowledge acquisition among students. Source

Senator Ekpenyong Boosts Education for 132 Students

Senator Asuquo Ekpenyong has initiated an education intervention program benefiting 132 students in Cross River State. The program provides essential educational materials and financial support, aiming to alleviate the burden of school expenses for families and enhance learning opportunities. This initiative underscores a commitment to encouraging academic growth and development within the state’s educational sector. Source

CBN Releases Fintech Report

The Central Bank of Nigeria has released a complete assessment of the nation’s fintech sector. This report outlines key priorities for encouraging advancement, enhancing system integrity, and supporting future digital financial growth. It examines the scale and maturity of Nigeria’s fintech system, noting the country’s leadership in real-time payments and the factors driving recent expansion. The report aims to provide a shared reference for banks, fintech firms, regulators, and investors to help Nigeria solidify its position in the regional and global fintech landscape. Source

FG, States, LGs Share N1.969 Trillion

The Federal Government, states, and local governments shared N1.969 trillion in distributable revenue for December 2025. This distribution was announced by the Federation Accounts Allocation Committee (FAAC) after its meeting. The funds are derived from oil and non-oil revenues collected by the Nigerian government. This revenue sharing directly effects the financial allocations available to Cross River State and its local government areas for developmental projects and recurrent expenditures. Source