Education
YSU Organises Seminar on Islamic Financial System
YSU Organises Seminar on Islamic Financial System
By: Our Reporter
Yobe State Government has been called to patronize the services of Sukuk as one of the Shari’a ways for initiating projects and other investments in the state.
The call was made by the Founder and CEO of Tiyoma Consulting in Islamic and Finance, KSA, Prof. Umar M. Idris, during a Seminar with the theme: “Prospects of Islamic System Towards Promoting Sustainable Economy in Muslim Society in Nigeria” organized by Centre for Research in Qur’anic Studies of Yobe State University.
Prof. Idris who dwelled on the topic; “Islamic Financial System as an Alternative of the Conventional Financial System in Nigeria” emphasized on the need for Hon. Mai Mala Buni led administration to benefit from Sukuk, stressing that is an Islamic financial certificate, similar to a bond in Western finance, that complies with Islamic religious law commonly known as Sharia.
Prof. Idris who served as the guest speaker during the seminar further explained that Sukuk facilities are structured based on the specific contract of exchange of the Shariah-compliant assets. Such contracts can be made through the purchase of an asset based on immediate, instamental or deferred payment, leasing of specific assets or participation in joint-venture businesses.
He then warned Muslims from making businesses or transactions that have any iota of interest which he said, Allah has prohibits.
Earlier in his remarks, the Vice-Chancellor of Yobe State University, Prof. Mala Mohammed Daura, has said the University will continue to support the Centre for Research in Qur’anic Studies of the University in carrying out researches.
The Vice-Chancellor who was represented by the Director SIWES of the University, Dr Ibrahim Umar, then commended the Director Centre for Research in Qur’anic Studies of the University, Dr Adam Mustapha Jatkawy, for organizing such a memorable and educative seminar.
In his vote of thanks, the Chairman Advisory Council of the Centre, Alhaji Lawan Abba Shettima, said the Centre will also organize a seminar which invite the Managing Director of Yobe Microfinance Bank, Dr Sheriff Muhammad Ibrahim, and other Managing Directors of commercial banks as well as some related financial institutions.
YSU Organises Seminar on Islamic Financial System
UNIMAID Student Drowns in Gwange River, Another Rescued
By: Zagazola Makama
A tragic drowning incident has claimed the life of a University of Maiduguri (UNIMAID) student, while another was rescued after they went swimming at the Gwange River Bank in Maiduguri.
Intelligence sources told Zagazola Makama that the incident occurred on March 14, 2025, around 7:00 p.m., when two UNIMAID students, identified as Abafras Abdiel from the Department of Forestry and Silas Sule from the Department of Geology, went to the Gwange River Bank behind ECWA Church for a swim.
While diving, both students drowned in the river, prompting an emergency response. A combined rescue team, including the police, divers, and fire service personnel, was immediately mobilized to the scene.
The rescue team managed to retrieve both victims and rushed them to the State Specialist Hospital, Maiduguri. While Abafras Abdiel was admitted for treatment, Silas Sule was unfortunately certified dead by doctors. His body has since been deposited at the hospital for autopsy and further investigations.
The authorities have urged students and residents to exercise caution when engaging in activities near water bodies, especially during the dry season, when river currents can be unpredictable.
UNIMAID Student Drowns in Gwange River, Another Rescued
Federal University Gusau: A 300-level student died in a bandit’s den in Zamfara
By: Our Reporter
This is truly heartbreaking. Zarah Abubakar Shehu, a 21-year-old 300-level student at Federal University Gusau, was abducted along with her two siblings by bandits in the early hours of Sunday, November 3, 2024, from their home in the Damba area of Gusau, Zamfara State.
The kidnappers initially demanded a ransom of ₦35 million for their release. After much struggle, the family managed to gather ₦10 million, which the kidnappers agreed to accept. However, even after receiving the money, they still refused to release Zarah. Instead, they demanded four motorcycles (Boza) and four cartons of engine oil.
Zarah and her siblings spent four months in captivity. When all the items were finally gathered, the kidnappers’ leader was informed. He then called his men to check on the captives. To everyone’s horror, his men responded that only two children remained; one of them, Zarah, had passed away and had already been buried two days earlier.
Zarah was the only daughter of her mother, making her loss even more devastating. Her passing is not just a tragedy for her family but a heartbreaking reflection of the ongoing insecurity in Zamfara State and the pain that countless families endure.
Federal University Gusau: A 300-level student died in a bandit’s den in Zamfara
Gunmen Kidnap Four Students in Katsina State
By: Zagazola Makama
Suspected armed bandits have abducted four students from Paris Quarters, behind the Federal University, Dutsinma, in Katsina State, security sources told Zagazola Makama on Sunday.
The attack occurred at about 2:20 a.m. on Sunday, when the assailants, reportedly in large numbers, quietly invaded the area and whisked away four individuals.
The victims have been identified as Wali Kayode (25), Fahad Muhammad (20), Emmanuel (surname unknown), and another yet-to-be-identified person.
Security operatives were mobilized to the scene immediately after receiving a distress call but the bandits had fled.
Security sources said that Efforts are ongoing to track down the kidnappers and rescue the victims safely.
Gunmen Kidnap Four Students in Katsina State
Special Forces Troops Intercept Terrorists Planting IEDs in Zamfara
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