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Arewa Forum: Producing President In 2023 Not Exclusive Right Of South
The Arewa Consultative Forum (ACF) on Wednesday said it was not the exclusive right of the South to produce the president in 2023.
Speaking exclusively with Daily Independent, Anthony Sani, a northern leader and the outgoing Secretary-General of the ACF, said there was no national consensus on zoning that was binding on political parties in the country.
According to him, since Nigeria was practising a multiparty democracy, each political party was free to zone its presidential ticket to any part of the country.
“In a multiparty democracy, it is political parties that field candidates for elective positions because there is no provision for independent candidates.
“And if any political party, in its winning game plans, fields a candidate from the South and majority of Nigerians vote for him, so be it! That would be democracy in action.
“I say so because the president coming from the South is not a matter of right, considering there is no national consensus on politics of identity symbolised by zoning that is binding on the political parties.
“As long as there is no national consensus on politics of identity symbolised by zoning that is binding on political parties, it is not possible to shut out any region or zone or state from the contest for the post of the president.
“Recall when President Obasanjo wanted to force politics of zoning on the nation by bringing the late President Umaru Yar’Adua from the North after the South, he had to use political blackmail to shut out people like former Rivers State governor, Peter Odili, from the South.
“And when President Yar’Adua died, one did not expect former President Goodluck Jonathan to contest with Muhammadu Buhari in 2011 and 2015, in the spirit of zoning. But he did.”
Also reacting to the statement made by Governor Nasir El-Rufai of Kaduna State that the presidency should rightly return to the Southern part of the country, Sani said the statement was El-Rufai’s personal opinion and not the general belief of the North.
The ACF scribe said, in the last presidential election, even when it was agreed that the North should produce presidential candidates, a large percentage of presidential candidates that participated in the 2019 elections were from the Southern part of the country.
“In 2019, it was thought that the spirit of zoning would leave the field for presidential candidates from the North, but there were over 70 candidates, most of them from the South.
“This is testament to the fact that there is no national consensus on zoning that is binding on political parties with exclusive preserve to field candidates for elective posts in our multiparty democracy. That is why what Governor El-Rufai has said is not more than his personal opinion,” he said.

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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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