News
Igbos Have Failed Politically – Okorocha

The outgoing Imo state governor, Rochas Okorocha, Monday gave what he described as two reasons the Igbo people failed woefully in Nigeria politics.
According to Okorocha, while briefing newsmen at the government House in Owerri, said that one of the reasons was that the Igbo people failed to accept the light coming to them.
He also said that the Igbo also did not appreciate the person who came to assist them.
Okorocha went on to say that he was confident that his certificate of return as Senator-elect for Imo West, would be given to him attributing what has been delaying his certificate of return, to game of politics.
The governor also said he gave banks in Nigeria, seven days ultimatum to tell the world whether he has borrowed any money from them. He also challenged civil servants in the state, to open up whether his government was owing them.
On the Imo West senatorial election, he said: “Elections have come and gone and we are dealing with the outcome. For the Imo West senatorial election, somebody said that he declared the result under duress. The truth is that the gentleman was employed to do a hatchet job and he could not do that.
“The drama is that he had another option he wanted to declare it in Owerri, at first he said there was no result and at a point he entered the toilet and suddenly he saw the results sheets and shouted who dropped this result here. What it means is that there is a game.
“I think that the INEC, should do the needful. We are in court and I think that we don’t need much procedure to do the right thing.”
On the allegation that he was engaging in illegal withdrawal of funds and selling government property, Okorocha said: “After that declaration, Imo PDP, went to town with the allegation that I have withdrew N17 billion. It is not possible.
“I have said this time without number, and I gave banks in Nigeria, seven days ultimatum to come and tell the world If I have borrowed from the banks any money not only that, I am not owing any worker in Imo state, I also challenged them in seven days to come out and say the truth.
“I am happy to bow out of government but I want to appeal that there should be peace in the land. There should be tolerance in the land. I here that they are counting my property, they should also go to Abuja, and count the ones in Abuja.”
Adding that, “Igbo have failed politically for two reason, not to accept the light that has come to them and also not to appreciate the leaders that have come to help them.”
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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