Business
Mass failure rocks WAEC Nov/Dec 2017 examination results
Only 26 per cent of the private candidates who wrote the 2017 Senior Secondary Certificate Examination, SSCE, had five credits including Maths and English, representing a sharp drop in the results recorded in 2016.
The percentage of candidates in this category in 2015 and 2016 examinations were 28.59 per cent and 38.50 per cent respectively.
Olu Adenipekun, the Council’s Head of Nigeria National Office, announced the release of the November /December diet of the examination at a press conference in Katsina.
According to a report from NAN, Mr. Adenipekun said out of 135,945 candidates that registered for the examination, only 133,223 wrote the test.
He said 131,485 candidates that sat for the examination had their results fully processed and released.
According to Mr. Adenipekun, 1,738 candidates were yet to have their full results released because they had a few of their subjects still being processed due to errors traceable to them in the course of registration or writing the examination.
“Such errors are being corrected by the council to enable the affected candidates get their results fully processed and released subsequently’’, he said.
He said out of all candidates who wrote the examination, 34,664 obtained a minimum of credits in five subjects and above, including English Language and General Mathematics, representing 26.01 per cent.
He said the percentage of candidates in this category in 2015 and 2016 were 28.59 per cent and 38.50 per cent respectively.
“One will discover that the results for 2015 and 2017 are comparatively the same.
“There can be a reason for the sharp drop this year in this category, which we have not proved scientifically.’’
He said it could be that some candidates needed a particular subject to make up their deficiencies for the WASSCE for the school candidates results, in order to assist them to gain placements into the higher institutions of their choice.
Mr. Adenipekun said 65,483 other candidates obtained credits and above in five subjects while 46,824 obtained credits and above in six subjects.
Similarly, 98,506 candidates obtained credits and above in three subjects while 83,256 candidates obtained credits and above in four subjects, and 11,763 others obtained credits and above in two subjects.
He said the release of this year’s results was special because it coincided with the 55th annual meeting of the Nigeria National Committee, NNC, holding in Katsina.
“The NNC is the highest policy making organ of WAEC at the national level.
“The committee consists of experienced personalities, with many of them as serving officers in the education sector representing a wide range of interests in the affairs of the council’’, Mr. Adenipekun said.
He promised that WAEC would keep introducing innovations that would continually improve the standard of the examination.
FirstBank Partners Eko Hotels & KEY Academy for ChessMasters 2026 Tournament
Lagos, 30 March 2025 – FirstBank, West Africa’s premier financial institution and the leading financial inclusion service provider, has announced its strategic sponsorship of the second edition of ChessMasters, Africa’s largest school chess tournament. The announcement was made at the official press conference of the tournament held on 16 March 2026 at Eko Hotels and Suites, Lagos.
ChessMasters is an annual chess tournament designed to equip the next generation with critical thinking, problem-solving, and leadership skills. The competition targets children in primary school aged between 6 and 11 years old. Organised by Eko Hotels and Suites & KEY Academy , ChessMasters was created to provide thousands of children across Nigeria with opportunities to develop modern educational skills, bringing schools together on a national stage.
Speaking at the press conference, Olayinka Ijabiyi, Acting Group Head, Marketing & Corporate Communications at FirstBank, said, “Our sponsorship of ChessMasters 2026 reflects our commitment to building talents and communities, driving inclusion, and deepening engagement through our First@Sports initiative, a platform that celebrates talent and promotes social impact through sports. With over a century of supporting legacy sports in Nigeria, we are proud of our enduring partnerships – 105 years with the Georgian Cup, 65 years with the Lagos Amateur Golf Championship and 35 years with the Dala Hard Court Tennis Championship.”
Ijabiyi further highlighted how the sponsorship aligns with FirstBank’s sustainability pillars of Education, Health, and Welfare. “We recognise the potential of chess to help school-age children challenge themselves, think critically, and compete at the highest level, hence we see the tournament as a launchpad for a pan-African movement leveraging chess as a tool for education, empowerment, and leadership development. We are utilising this platform as another avenue to promote social impact and drive positive change in the community.”
Caline Chagoury Moudabar, Director and Co- Founder of ChessMasters and her partner Damilola Okonkwo of Key Academy, expressed appreciation for FirstBank’s support, noting that the partnership will help scale the impact of ChessMasters and inspire more schools to participate. “We are happy to welcome FirstBank on board. This collaboration will boost chess development in Nigeria and promote critical thinking among young minds. With support from partners like FirstBank, we are opening the doors of participation to more children and more schools in this year’s edition.”
Prince Adeyinka Adewole, Vice President of the Nigeria Chess Federation, commended the initiative, emphasising its role in nurturing future chess talents. “Chess connects people, ideas, and opportunities. It teaches children to be analytical, patient, and manage their time and resources effectively. Chess also improves concentration and has been particularly beneficial for children with autism.”
The second edition of ChessMasters will be held on Saturday, 2 May 2026 at Eko Hotels and Suites, Lagos. The competition is open to 150 schools across Lagos, with over 700 students expected to participate and vie for a total prize pool of N10 million.
FirstBank’s involvement in the 2026 edition of the tournament reinforces the potential of ChessMasters to become a launchpad for African children, leveraging chess as a tool for education, empowerment, and leadership development.
Business
Alpha Morgan Bank Reinforces Commitment to Education at Redeemer’s University Business School Commissioning
Alpha Morgan Bank Reinforces Commitment to Education at Redeemer’s University Business School Commissioning
Alpha Morgan Bank has reaffirmed its commitment to education and institutional development through its support for the commissioning of the Redeemer’s University Business School.
The Business School was officially inaugurated by Pastor (Mrs.) Folu Adeboye, at the commissioning ceremony attended by distinguished guests including Her Excellency, Mrs. Bola Obasanjo; the Pro-Chancellor and Chairman, Governing Council of Redeemers University, Professor Oluwatoyin Ogundipe; the Vice Chancellor, Professor Shadrach Olufemi Akindele; and other notable dignitaries.
Speaking at the event, the Managing Director of Alpha Morgan Bank reiterated the Bank’s commitment to supporting institutions that drive intellectual growth and national development.
As part of its broader focus on knowledge sharing and thought leadership, Alpha Morgan Bank will host its Economic Review Webinar in May 2026, bringing together experts to share insights on key economic trends and opportunities.
The Bank’s involvement reflects its continued dedication to empowering institutions and shaping the future of business and leadership in Nigeria.
Read more about Alpha Morgan Bank on www.alphamorganbank.com
PHOTO
L-R: Prof. Shadrach Olufemi Akindele, Vice Chancellor, Redeemers University, Engr. Eloka Eje, Dr Perez Araka, Pastor (Mrs) Folu Adeboye, Mother-In-Israel, The Redeemed Christian Church of God, Mr Ade Buraimo, MD/CEO Alpha Morgan Bank, Dr (Mrs) Oluwatomi Somefun, Dr. Simeon Ifere, at the inauguration of the Redeemer’s University Business School, Redemption City, Ogun State on Thursday 2nd April, 2026
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