News
I was Charmed by Cultists while going to Church – Ilaro Poly SUG President

The Students Union President of the Federal Polytechnic, Ilaro, Ogun State, Adegboye Olatunji, claimed on Tuesday that he was charmed by unidentified cultists before he was taken to the bush for initiation.
Adegboye said he was on his way to the church when he lost his consciousness and found himself in the bush with some cultists before he was arrested by men of Ogun State Police Command.
He said this at the command headquarters in Eleweran during a parade of 77 suspected criminals, including Adegboye, for crimes ranging from cultism and robbery to murder and assault.
Adegboye said, “I am not a cult member. I don’t know how I got into the bush. I was charmed, I don’t know how it happened. “I was going to the church around 7am on Sunday. I was going to a church in llaro. My rector also goes to that church and he hates anything cultism.” While expressing disappointment over the way he was treated by the school authority, Adegboye said, “They didn’t fight for me because they didn’t make the proper findings.” Adegboye was arrested on Sunday with one Olanrewaji Taiwo for alleged involvement in cultism.
The state Commissioner of Police, Kenneth Ebrimson, who paraded the suspects, however, said Adegboye was caught red-handed.
Ebrimson said, “He was apprehended in his regalia and we have refused to let him pull it off, so that he doesn’t deny.”

News
NECO Releases 2026 SSCE Results as 58.67% Secure English, Maths Credits

The National Examinations Council (NECO) has released the results of the 2026 Senior School Certificate Examination (SSCE) Internal, with 58.67 per cent of candidates obtaining at least five credits, including English Language and Mathematics.
NECO Registrar and Chief Executive, Professor Dantani Wushishi, announced the results on Thursday at the council’s headquarters in Minna, Niger State.
A total of 1,378,048 candidates registered for the examination, comprising 682,352 males and 695,696 females. Of the registered candidates, 1,371,992 eventually sat for the examination.
According to NECO, 804,948 candidates, representing 58.67 per cent, obtained five credits and above, including English Language and Mathematics. Another 1,162,118 candidates, representing 84.70 per cent, obtained at least five credits irrespective of their results in the two subjects.
The 2026 examination was conducted between June 15 and July 23 across Nigeria and six foreign countries: Benin Republic, Equatorial Guinea, Niger Republic, Côte d’Ivoire, Togo and Saudi Arabia. The nationwide marking exercise took place from August 17 to September 4.
NECO also reported a significant reduction in examination malpractice. The council said the number of candidates involved in malpractice fell from 3,878 in 2025 to 1,406 in 2026, representing a 64.74 per cent decline.
The registrar attributed the reduction to strengthened examination monitoring, improved processes and collaboration with security agencies and other stakeholders.
The council also disclosed that candidates with special needs participated in the examination, as part of its efforts to make the examination process more inclusive.
NECO said candidates can now access their results through its official result-checking platform using their examination registration details.
The release of the results comes 63 days after the conclusion of the 2026 SSCE examination.
News
Nigeria’s FX Supply Rises 20.5% to $8.94bn in 2025

Nigeria’s foreign exchange supply increased by 20.5 per cent to $8.94 billion in 2025, up from $7.43 billion recorded in 2024, according to data from the Central Bank of Nigeria (CBN).
The figures were contained in the apex bank’s 2025 Statistical Bulletin and represent an increase of about $1.51 billion in annual foreign exchange supply.
Monthly figures showed that supply remained relatively low at the beginning of 2025 before rising significantly in March and April.
FX supply stood at $590.64 million in January and $607.63 million in February. It then climbed to $1.04 billion in March before reaching its highest monthly level of $1.65 billion in April.
However, supply declined in the following months, falling to $838.93 million in May and $676.31 million in June. It recovered slightly to $759.02 million in July before dropping to $677.84 million in August and $399.80 million in September.
October recorded the lowest monthly figure for the year at $150.10 million. Supply later recovered to $638.38 million in November and $910.73 million in December.
The CBN also reported that total foreign exchange inflows into Nigeria rose from $96.53 billion in 2024 to $109.86 billion in 2025, representing a 13.81 per cent increase.
However, foreign exchange outflows also increased during the period, rising by 27.83 per cent from $38.37 billion to $49.05 billion.
As a result, Nigeria recorded a net foreign exchange inflow of $60.81 billion in 2025, compared with $58.16 billion in 2024.
The CBN data, however, do not provide a detailed breakdown of the sources of the $8.94 billion supplied during the year.
The increase in FX supply comes amid continued efforts to improve liquidity and stability in Nigeria’s foreign exchange market, although the market remained volatile in 2026.
News
Dangote Reacts to Viral Memes as Nigerians Joke About Refinery Ownership

Africa’s richest man and President of Dangote Group, Aliko Dangote, has reacted to the wave of viral memes generated by Nigerians who recently bought shares in the Dangote Petroleum Refinery.
The memes emerged following the launch of the refinery’s Initial Public Offering (IPO) on the Nigerian Exchange on September 14, with investors jokingly presenting themselves as business partners and co-owners of the multibillion-dollar refinery.
Dangote addressed the trend while speaking with CNN correspondent Larry Madowo at the Unstoppable Africa 2026 summit in New York.
The billionaire said the IPO was designed to attract investors from across Africa, with an ambition of having up to 10 million shareholders.
According to Dangote, the objective is to broaden ownership and increase participation in Africa’s capital markets.
He also expressed confidence in the future value of the company, saying the share price would continue to grow and that he expected the refinery to become Africa’s most profitable company.
The viral memes began after the minimum subscription was set at 10 shares, allowing more Nigerians to participate in the offer with a relatively small amount of money.
Some new shareholders jokingly demanded board meetings, while others posted memes portraying themselves as senior executives of the refinery. The trend even inspired humorous videos from Nigerian comedians and content creators.
Reuters also reported that the IPO triggered significant interest among retail investors, with some digital investment platforms experiencing technical difficulties as people rushed to participate.
The Dangote Refinery IPO involves 4.1 billion ordinary shares, with the offer scheduled to close on October 13, 2026. The funds are intended to support the company’s expansion plans, including an increase in refining capacity.
Dangote also said the expected number of shareholders could be so large that the company’s annual general meeting would need to be held in a stadium.
The development has turned what is essentially a major capital-market transaction into a major social-media talking point, with Nigerians using humour to celebrate their newly acquired stakes in one of the country’s biggest industrial projects.
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