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Soun Appoints Interim Imam, Clears Air On Ayilara’s Status

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The installation of Sheikh Habeeb Ayilara as new Chief Imam by Soun of Ogbomoso land, Oba Ghandi Afolabi Olaoye has begun to generate controversy with the status of the incumbent Chief Imam, Sheikh Teliat Yunus Olusina Ayilara, remaining unknown.

The new Imam was turbaned before Muslim leaders and dignitaries by Soun at the Abata section of the palace.

The Parakoyi of Ogbomosoland, Alhaji Sirajudeen Aleem, clarified the new Imam would only serve as the Chief Imam of the palace, pending the outcome of a court case involving the incumbent Chief Imam.

Soun emphasised the importance of religious harmon, saying that the throne of Soun was rooted in traditional religion, warning against making it a religious issue.

The monarch said: “The throne is that of the traditionalists. Soun Ogunlola who founded the throne was a pure traditionalist; he worshiped Ogun deity.

“We Christians and Muslims are just intruding so to say, it originally belongs to the traditional religion worshippers so we should encourage religious harmony. It neither belongs to either of us Christians nor Muslims, they are only lending us the throne, eni a fi rolo to ni toun baje kinni ki oloro o wa se.

“Let me clear this the event of today is not the bus stop. We are yet to reach our destination, the bus only stopped to pick someone. I have refused to remove him (the incumbent Chief Imam Teliat) despite him taking me to court.

“But I told him you can’t take me to court and be leading me in prayer, we don’t go to court and become friends. You that took me to court your intention is to win, to win against the Oba, and you call yourself an indigene of this town.

“Such prayer can’t be answered, i believe. I am a pastor, if l take my member to court will lead in prayer and such member will say amen?”

Oba Ghandi further said: “Today’s event marks my birthday. It is historical. The person we installed today we conducted thorough research, we don’t want to make such mistake again.

“I have been an alfa (Pastor) for 32 years, I believe Imam Teliat was still wearing pant then. That is the truth. And as Christians we don’t mount the pulpit to abuse a king, I don’t know your religion much but in Christendom, we don’t do that, although there are some pastors that say nonsense too.

“We should give reverence to God, the creator on the pulpit not like he is doing on the mumbar.

“Parakoyi has been leading prayer in the palace and representing me but I told him we need an Imam who will be representing me where I am

The new Imam was later presented with Staff and Certificate of office by the Asoju Muslumi of Ogbomosoland, Alhaji Mikahel Misasco.

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

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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.

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Nigeria’s FX Supply Rises 20.5% to $8.94bn in 2025

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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.

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Dangote Reacts to Viral Memes as Nigerians Joke About Refinery Ownership

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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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