The National Examinations Council (NECO) has released the June/July 2016 Senior Secondary Schools results. Registrar of the Council, Prof. Charles Uwakwe, while announcing the results at the Headquarters in Minna, said 88.51 percent of the candidates got at least five credits including Mathematics and English Language. According to him, 905,011 (84.54 per cent) of candidates got 5 credits and above in English Language while 812,846 (80.16 percent) got 5 credits and above in Mathematics. He said the comparative analysis of candidates performance in the examination for 2015 and 2016 shows that there is one percent (1%) improvement in the general performance of candidates in 2016 (88.51%) as compared with 2015 (87.51%). The analysis of candidates performance by State has Ekiti State recording the highest of 96.48 percent and Katsina State recording the least with 72.59 percent. Prof. Uwakwe said that 1,022,474 candidates in Nigeria and other countries sat and ...
In a statement signed by the president’s special adviser on media and publicity, Femi Adesina, the president on Wednesday, September 21, said the country needed such resources, particularly for infrastructure. With the two countries having agreed on projects to which the restituted funds would be deployed, President Schneider-Ammann promised quick action, as soon as the draft agreement was signed. He also pledged consolidation of mutual trade relationships, infrastructural development as well as support in training and equipping of the Nigerian military. President Buhari applauded the long history of economic relationship between Nigeria and France on one hand, and Nigeria and Switzerland on the other. At separate bilateral meetings on the sidelines of the ongoing 71st United Nations General Assembly in New York, United States of America, the president welcomed more investment and economic partnerships, saying Nigeria was a fertile ground for handsome return on investments. ...
The Central Bank of Nigeria, CBN, has directed Deposit Money Banks (DMBs), Other Financial Institutions (OFIs) and Non-Bank Financial Institutions (NBFIs) local financial institutions against having any transactions in crypto or facilitating payments for crypto exchanges. The apex bank disclosed this today in a letter to all DMBs, OFIs and NBFIs. The regulator noted that “breaches of this directive will attract severe regulatory sanctions.” The circular signed by Director of Banking Supervision, Bello Hassan stated:” The CBN circular of January 12, 2017 ref FPRIDIRGENT R/06/010 which DMBs, NBFIs and OFIs and members of the public on the risks associated with transactions in crypto currency refers. “Further to other regulatory directive on the subject, the bank hereby wishes to remind regulated institutions that dealing in crypto currencies or facilitating payment from cryptocurrency exchanges is prohibited. “Accordingly, or DMBs, OFIs, NBFIs, are advi...
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