Business
Senate begins move to scrap Post-UME finally
THE Senate had begun moves to scrap the post Unified Matriculation Examination, UME as it yesterday mandated its committee on Tertiary Education to meet with relevant stakeholders, especially the Joint Admission and Matriculation Board (JAMB) and come up with recommendations on how to achieve the set goal.
According to the Senate, the move has become imperative because the introduction of the post – UME examination has to a large extent failed to remedy the problems associated with the JAMB, adding that its continued existence has posed more challenges for the Nigeria educational system.
The Senate has also called for the development of a strategy that would ensure the efficiency and integrity in the conduct of JAMB examination.
The resolutions of the Senate Tuesday followed a motion by Senator Umaru l. Kurfi, APC, Katsina Central and entitled, “The Need to revisit the regulatory conflict between Joint Admission and Matriculation Board (JAMB) Universities in offering admission in Nigeria.”
In his presentation of the motion, Senator Umaru l. Kurfi said that “The Senate: Notes that the Joint Admission Matriculation Board (JAMB) was established in 1976 and saddled with the responsibility of streamlining and co- ordinating admission practice as well as determining who is admitted into universities and other tertiary educational institutions in Nigeria;
“Further notes that that the Nigerian Universities Commission (NUC) is the Federal umbrella organization which oversees the administration of University education in Nigaria, and prior to 2005 , the truly criteria needed for candidates seeking admission into tertiary institutions was for such candidate to have minimum admission requirement and possess a certain score at his or her JAMB examination.
“Aware that the laudable objectives of JAMB began to suffer progressive denudation shortly after its inception as some universities admitted students outside the list sent by JAMB and rejecting candidates with admission letters from JAMB on the ground that they had to comply with their own internal quota and catchment calculation, coupled with the issue of malpractices that plagued JAMB examinations.
“Further aware as scores of successful JAMB candidates turned out ill equipped for university education, the Federal Government, in 2005, under the leadership of President Olusegun Obasanjo , introduced the policy of Post-UME screening by Universities which made it compulsory for tertiary institutions to screen candidates after JAMB results and before offering admission;
“Worried that while this new development was aimed at addressing the problem of student quality, it reintroduced and entrenched many of the problems it sought to eliminate through JAMB;
“Cognizance that while the executives introduced the Post-UME policy as a remedy to the decay in educational standard in higher institutions of learning, there have been public outcry of extortion from candidates despite the rigorous test they pass through at JAMB;
“Disturbed that as the integrity of the post -UME examination is open to question as the pecuniary motive of the respective institutions comes so visibly to the fore that there is little pretence about maximizing the income flows through these internal examinations;
“Regrets that the introduction of the post – UME examination has to a large extent failed to remedy the problems associated with the JAMB and as such, its continued existence has posed more challenges for the Nigeria educational system.”
Business
PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
*PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
To prevent any misunderstanding regarding our affiliation with the United Nations, we hereby provide a formal clarification on the status and identity of the United International Peace and Governance Council (UNIPGC), formerly known as IPGC.
UNIPGC is an independent Civil Society Organization and Non-Governmental Organization with continental chapters registered in the United States, Germany, Canada, and several countries across Africa. The organization is committed to promoting the values and principles of the United Nations, particularly in advancing Sustainable Development Goal 16 (Peace, Justice, and Strong Institutions), as well as advocating for good governance globally.
In furtherance of its mandate, UNIPGC has established partnerships with reputable diplomatic civil society organizations, including the United Nations Association of Nigeria and the United Nations Association of Ghana. These collaborations are aimed at strengthening its engagement with initiatives aligned with United Nations ideals.
Additionally, UNIPGC has entered into diplomatic relations with the International Organization for Economic Development (IOED), an Intergovernmental Organization (IGO), to enhance its capacity for international cooperation and diplomatic engagement.
We wish to clearly state that UNIPGC is **not** an entity, agency, or organ of the United Nations.
Members of the public and media practitioners are respectfully advised to refer to the organization by its full and correct name: **United International Peace and Governance Council (UNIPGC)**, and not as the United Nations.
Thank you.
Business
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz, one of Nigeria’s foremost comedy and live entertainment brands, is pleased to announce its official partnership with First Bank of Nigeria Limited for the highly anticipated Laffmattazz 2026 International Tour, themed “Next Chapter: A New Season of Laughter.”
Now in its 15th year, Laffmattazz—the brainchild of renowned Nigerian comedian Gbenga Adeyinka (Gbenga Adeyinka 1st)—has evolved into a cultural phenomenon, celebrated for its seamless fusion of comedy, music, and live stage performances.
The 2026 tour, which kicked off on Easter Sunday, April 5th, 2026 at the Jogor Centre, Ibadan, marks a significant milestone in the brand’s journey. Building on over a decade of success across Nigeria, this year’s edition signals a bold expansion into the international market, with a multi-city run in Canada, alongside major stops in Akure, Abeokuta, and Lagos.
This strategic partnership with First Bank of Nigeria Limited underscores a shared commitment to excellence and innovation. It is also aligned with FirstBank’s First@Arts initiative—a significant and ongoing program dedicated to supporting the creative arts, entertainment, and cultural sectors. Through this initiative, FirstBank provides financing, advisory services, and actively fosters a sustainable value chain for artists and creative entrepreneurs, while supporting key industry platforms such as the Nigerian Entertainment Conference.
Speaking on the collaboration, the Laffmattazz team stated:
“We are delighted to welcome First Bank of Nigeria Limited as a strategic partner for the Laffmattazz 2026 International Tour. As we mark 15 remarkable years of Laffmattazz, this partnership reinforces our vision to take premium Nigerian entertainment beyond borders, while delivering even bigger, better, and more memorable experiences for our audiences.”
As a key partner, First Bank will enrich the tour through innovative customer engagement initiatives, experiential activations, and exclusive fan experiences across all tour locations.
With its distinctive blend of humor, culture, and live entertainment, the Laffmattazz 2026 Tour is poised to connect audiences across cities and continents, bringing laughter to thousands of fans worldwide.
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About Laffmattazz
Laffmattazz is a premier Nigerian comedy and entertainment brand, now in its 15th year, renowned for its vibrant live shows and nationwide tours. Founded by Gbenga Adeyinka 1st, the brand continues to deliver high-quality experiences that celebrate creativity, culture, and laughter.
About First Bank of Nigeria Limited
First Bank of Nigeria Limited is Nigeria’s oldest financial institution, widely respected for its legacy of trust, innovation, and customer-centric financial solutions that support economic growth and development. Through its First@Arts initiative, the Bank continues to play a pivotal role in empowering the creative industry and driving sustainable growth across the sector.
Business
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
Anyone who has tried to get a loan to buy a house in Nigeria knows the drill: endless forms, property valuation, and eventual down payment of a minimum 25% or more on the property. Sometimes, interest rates could go as high as 30% per annum, while the typical loan limit is N50 million.
Now, FirstBank is making homeownership more attractive.
FirstBank, in partnership with the Ministry of Finance Incorporated (MOFI), has introduced the MREIF Home Loan. MREIF loan is a game-changer, offering a single-digit interest rate of 9.75% per annum, with a loan amount of up to ₦100 million and a repayment period of up to 20 years. This is perfect for salaried individuals, including Nigerians in the diaspora, looking to purchase homes in approved locations.
The MREIF loan stands out with its lower interest rate, higher loan amount, and flexible equity contribution as low as 10%. This makes it an attractive option for those seeking affordable homeownership.
You are one quick decision away from being a landlord.
If you’ve been waiting for the right time to buy a home, FirstBank’s MREIF Home Loan is the smartest route to owning property in Nigeria today. Visit the FirstBank website https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ to get started.
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