How To Check Your NECO 2025 SSCE Results Online And via SMS: A Step-by-Step Guide For Students And Parents

September 18, 2025

The wait is over! The National Examinations Council (NECO) officially released the 2025 Senior School Certificate Examination (SSCE) Internal results on Wednesday, September 17, 2025, from its headquarters in Minna, Niger State. For thousands of students across Nigeria, this moment is a mix of excitement, nervousness, and relief.

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With 1,367,210 students registered—almost evenly split between male and female candidates—this year’s exam was no small feat. Out of the 1,358,339 who sat for the papers, a commendable 818,492 candidates (60.26%) managed to secure at least five credits including Mathematics and English. Another 1,144,496 candidates (84.26%) passed with five credits and above, regardless of those two compulsory subjects.

If you or your child is among the millions itching to see those results, here’s the good news: NECO has made checking results simple. Whether you’re a fan of doing things online or prefer the old-school SMS method, you have options. Let’s break it down clearly.

1. First Things First – What You Need in Hand

Before you jump into the result-checking process, gather these essentials:

NECO Examination Number (the one you used during the exam)
Examination Year (for 2025, select “2025”)
NECO Result Checking Token (formerly known as the scratch card)
A Valid Email Address (especially if you’re buying the token online)

👉 Quick tip: You can buy the token on the official NECO results portal https://result.neco.gov.ng. If you already have an account, just log in; if not, create one with your details, then select “Purchase Token.

2. Checking Results Online: The Portal Route

For those who are comfortable navigating websites, the online option is the fastest and most straightforward. Here’s how to go about it:

Head to the official NECO result-checking site: https://results.neco.gov.ng
Select your exam year as “2025.”
Choose your exam type – SSCE Internal, SSCE External, BECE, NCEE, or Gifted (for most of you, it’ll be SSCE Internal).
Enter your result-checking token.
Type in your registration number.
Hit the “Check My Result” button.

Within seconds, your result should display on the screen. You can print it out for safekeeping, especially since schools often request hard copies for admission processes.

3. The SMS Method: Quick and Handy

No internet? No problem. NECO also lets you check results via text message. This comes in handy if you’re in an area with patchy internet or if you just prefer the simplicity of SMS.

Here’s the format:

NECOExamNoPIN*ExamYear

For example, if your exam number is 12345678AB, your token (PIN) is 6864123459678, and you’re checking the 2025 result, you’d type:

NECO12345678AB6864123459678*2025

Then, send it to the official NECO SMS number. In a few moments, you should receive a text with your result.

👉 Heads up: Double-check your details before sending. A single typo in your exam number or token can bounce your request. And if you don’t get a reply after a few minutes, resend the SMS.

4. Buying Tokens from Vendors

Besides the online portal, tokens are also available from accredited vendors nationwide. If internet payments are tricky, this option saves the day. Just ensure the vendor is verified so you don’t fall into the trap of scammers promising shortcuts.

5. Common Mistakes to Avoid

Using the wrong exam year (yes, it happens more often than you think)
Entering registration numbers with extra spaces or missing digits
Forgetting to select the correct exam type
Sending the SMS to the wrong number

Small errors like these can delay seeing your results, so take a moment to review before you click or hit “send.”

6. Beyond the Results: What NECO Shared This Year

Professor Ibrahim Dantani Wushishi, NECO’s Registrar, revealed that the council has rolled out a revised curriculum that reduces examinable subjects to 38. This change, according to him, aims to cut down the waiting time for result processing and boost efficiency.

Interestingly, some states outshone others in performance. Kano State topped the list with 68,159 candidates (5.02%) scoring five credits and above including Maths and English, closely followed by Lagos State with 67,007 candidates (4.93%), and Oyo State with 48,742 candidates.

It’s not just numbers; it shows where investments in education are paying off and where more work is needed.

7. A Gentle Reminder for Students and Parents

Waiting for results is nerve-wracking, but remember: this isn’t the end of the road. Whether the grades are exactly what you hoped for or fall short, they’re just one chapter in your educational journey. Many successful professionals didn’t have perfect grades but pushed through with determination, creativity, and resilience.

So, check your results, celebrate your wins, and if needed, re-strategize for the next step—be it re-sitting, applying for admission, or exploring vocational paths.

Final Thoughts

Checking your NECO 2025 SSCE results doesn’t have to be stressful. With the online portal and SMS method, you can get it done in minutes. Just make sure your token and details are ready, and double-check everything before submitting. And to the students reading this: whatever the outcome, it’s not just about the grades—it’s about what you do next.

CBN: Economic Reforms Target Financial Stability, Boost In Productivity

Tinubu Lifts Six-Month State Of Emergency In Rivers State

September 18, 2025

Tinubu Authorizes Appointment Of New CEOs

President Bola Tinubu has officially declared an end to the six-month state of emergency imposed on Rivers State, confirming that Governor Siminalayi Fubara, his deputy, Ngozi Nma Odu, and members of the State House of Assembly will resume office duties from Thursday, September 18, 2025.

The announcement, released by the Presidency on Wednesday, marked the expiration of the emergency rule first proclaimed on March 18, 2025, following what Tinubu described as a “total paralysis of governance” in the state.

“It gives me immense pleasure to announce that the emergency rule in Rivers State will cease at midnight today. From tomorrow, Governor Fubara, Deputy Governor Odu, and the entire State House of Assembly led by Speaker Martins Amaewhule will return to their constitutional roles,” the statement read.

Tinubu recalled that bitter disputes between the governor and 27 pro-speaker lawmakers had crippled governance in the state, with the Supreme Court even acknowledging in its ruling that Rivers had “no functional government.”

“It therefore became imperative to prevent the slide into anarchy. As such, I invoked the powers of Section 305 of the 1999 Constitution, as amended, to declare a state of emergency. The offices of the governor, deputy governor, and assembly were suspended for six months, and that period expires today,” Tinubu said.

The President insisted the move, backed by the National Assembly, was constitutionally necessary to restore peace. He acknowledged that over 40 lawsuits had challenged the emergency, but stressed it would have been a failure of leadership not to act.

Expressing relief at the current situation, Tinubu said intelligence reports indicate a “new wave of cooperation and readiness” among Rivers’ political stakeholders to restore democratic governance.

“With this renewed commitment to unity, I see no reason for the emergency rule to extend beyond its original six months. It is now time for Rivers to return to democratic governance,” he added.

Tinubu also urged political leaders nationwide to ensure collaboration between executive and legislative arms of government to strengthen Nigeria’s democracy.

Since the proclamation, retired Vice Admiral Ibok-Ete Ekwe Ibas has served as Sole Administrator of Rivers State.

INEC Warns Nigerians Against Fake Recruitment Advert

EFCC Blames Internet Fraud For Stricter Visa Rules Against Nigerians

September 18, 2025

The Economic and Financial Crimes Commission (EFCC) has raised alarm over the worsening global perception of Nigeria as a result of increasing internet-related crimes, popularly known as “yahoo-yahoo,” warning that the situation has fueled tougher visa restrictions for innocent Nigerians abroad.

According to EFCC Chairman, Ola Olukoyede, fraudulent online activities not only jeopardize the future of perpetrators but also tarnish Nigeria’s reputation internationally, forcing foreign governments to impose stricter travel requirements on law-abiding citizens.

Olukoyede, represented by Chief Superintendent of the EFCC, CSE Coker Oyegunle, delivered the warning on Monday during a sensitisation event organised in Port Harcourt, Rivers State, by the Coalition of Nigerian Youth on Security and Safety Affairs. A statement released by the commission on Tuesday further amplified his remarks.

“The EFCC boss stressed that internet fraud, money laundering, and economic sabotage collectively cost the Nigerian economy billions of naira every year. These crimes not only undermine development but also deprive citizens of basic infrastructure, employment, and opportunities,” the release stated.

Beyond the financial toll, Olukoyede emphasised that cybercrime continues to erode Nigeria’s global standing, making it difficult for citizens to gain international trust and access to travel visas. He urged Nigerian youths to redirect their energy into legitimate pursuits such as technology, entrepreneurship, agriculture, and the creative sector.

“Fraud is not a measure of success; it is a destructive trap. Many who embrace ‘yahoo-yahoo’ eventually lose their freedom, their reputation, and their future. The digital age leaves footprints that cannot be erased. Don’t destroy tomorrow by chasing shortcuts today,” he warned.

The EFCC chief reaffirmed the agency’s commitment to scaling up enforcement, awareness campaigns, and community partnerships to curb cybercrime nationwide.

Also present at the event, officials of the National Drug Law Enforcement Agency (NDLEA) cautioned against rising drug abuse among Nigerian youths, while the Nigeria Security and Civil Defence Corps (NSCDC) highlighted the dangers of pipeline vandalism in the South-South region.

The EFCC has recently intensified its crackdown on internet fraudsters. In August, operatives of its Lagos Zonal Directorate 1 arrested 38 suspected fraudsters during a raid on Mambillah Hotel in Ikorodu, Lagos, seizing vehicles, mobile devices, and suspected narcotics.

Earlier in Benin, the commission secured the conviction of 12 individuals, including two siblings, on charges related to advance fee fraud, possession of fake documents, and retention of crime proceeds. They were sentenced by Justice M. Itsueli of Edo State High Court.

Meanwhile, in July, the United States revised its visa reciprocity schedule for Nigeria, slashing the validity period of some non-immigrant visas to three months and restricting them to single entry. Affected categories included B1/B2 (business/tourism) visas, as well as F and J visas for students and exchange visitors.

Stanbic IBTC Bank Honoured As ‘Best Corporate Bank’ By International Business Magazine

Harry Kane Shines as Bayern Munich Beat Chelsea In Champions League Opener

September 18, 2025

Bayern Munich kicked off their 2025/26 UEFA Champions League campaign with a convincing 3-1 victory over Chelsea in Munich, with Harry Kane scoring twice to lead his side past Enzo Maresca’s men.

Chelsea, fresh from triumphs in the UEFA Conference League and FIFA Club World Cup, showed early promise, with Malo Gusto and Cole Palmer causing Bayern problems on the right flank. However, Bayern – who had gone 16 Champions League home matches unbeaten before last season’s quarter-final exit – soon took control.

A dangerous cross from Michael Olise in the 22nd minute forced Chelsea’s Trevoh Chalobah into an own goal, giving the hosts the lead. Bayern maintained pressure, and Kane doubled their advantage from the penalty spot after being fouled by Moisés Caicedo. The English striker calmly slotted home his 24th goal in 25 attempts from the spot for the Bavarians.

Chelsea quickly responded when Palmer combined brilliantly with Gusto, before smashing home a stunning equaliser from outside the box.

The Blues carried momentum into the second half but failed to capitalise on their chances. Bayern regained control, and Kane struck again in the 64th minute after pouncing on Gusto’s misplaced pass, burying a low shot into the bottom corner.

Despite spirited substitutions from Maresca and a disallowed goal for Palmer due to offside, Chelsea were unable to mount a comeback.

The result extends Bayern’s perfect competitive start under Vincent Kompany this season, giving hope they can surpass recent quarter-final disappointments. Chelsea, meanwhile, became the first team to score at the Allianz Arena this campaign but left empty-handed on their first away trip outside London this season.

Tinubu Returns To Abuja After Cutting Short Paris Leave

TinCan Island Decorates Newly Promoted Officers, Records N159bn Revenue In August

September 17, 2025

The Nigeria Customs Service (NCS), Tin Can Island Port Command, has announced a record monthly revenue of N159 billion for August 2025, its highest collection to date.

Customs Area Controller, Comptroller Frank Onyeka, disclosed this on Wednesday, 17th September 2025, during a ceremony at the command headquarters, where newly promoted officers were decorated.

Onyeka attributed the feat to the adoption of the indigenous B’Odogwu trade platform, which he said has enhanced trade facilitation and boosted revenue collection.

“Everybody here is part of this achievement, but to whom much is given, much is expected. I want to appreciate the Comptroller-General of Customs, Bashir Adewale Adeniyi, for acknowledging the contributions of officers.” He said.

The Controller further revealed that 87 per cent of officers from the command who sat for the recent promotion examinations were successful. He urged those who did not make the list to remain committed, assuring them their turn would come.

One of the decorated Officers, Assistant Controller Chioma Ukah, described the promotion as “a hard-fought victory,” noting the effort that went into preparing for the exams. “Seeing my name on the list brought relief and joy,” she added.

In a vote of thanks, Deputy Controller Ominsi applauded the Comptroller-General for institutionalising regular promotions and stakeholders for their role in revenue growth. “Promotion comes with extra demands. For us here, it is revenue, revenue, revenue,” he said.

The decoration ceremony was attended by senior officers, stakeholders, families, and friends.

INEC Warns Nigerians Against Fake Recruitment Advert

INEC Warns Nigerians Against Fake Recruitment Advert

September 17, 2025

The Independent National Electoral Commission (INEC) has cautioned Nigerians to disregard a fraudulent recruitment advert circulating across social media platforms.

In a statement issued on Wednesday via its official X (formerly Twitter) handle, the electoral umpire described the notice as fake, warning that unsuspecting members of the public were being lured to submit personal details on a cloned website.

The false advert, which claims that INEC is currently recruiting for various positions, directs applicants to a sham portal, inecrecruitment.com.

“Our attention has been drawn to a fake advertorial currently circulating on social media, giving the impression that the Independent National Electoral Commission is recruiting for various positions,” the statement read.

“The impostor behind this illicit recruitment exercise also asked would-be respondents to log on to an equally fake portal—inecrecruitment.com—to complete their applications. But INEC does not have any such portal,” it added.

The commission stressed that it is not conducting any recruitment exercise at present, urging Nigerians to remain vigilant and avoid falling victim to fraudulent schemes.

“The commission hereby calls on the public to disregard this fraudulent call for applications. The commission IS NOT recruiting. Do not fall victim to the antics of criminal elements,” the statement warned.

Adopt-A-School initiative: Stanbic IBTC Transforms Learning At Hausawa Model Primary School In Kano State

Tinubu Returns To Abuja After Cutting Short Paris Leave

September 17, 2025

President Bola Tinubu on Tuesday evening returned to Abuja earlier than expected, bringing to an end a private visit to Paris and London that was originally billed to last 10 days.

The Presidential Airbus A330 touched down at the Nnamdi Azikiwe International Airport at about 6:50 p.m. local time. The President had departed Nigeria on September 4 and was scheduled to remain in Europe until later this week.

Although no official explanation was provided for the abrupt change of plans, his return coincides with the imminent expiration of the six-month emergency rule imposed in Rivers State, which is due to lapse on Thursday.

Since assuming office, Tinubu, 73, has embarked on 15 international trips, often combining official engagements with periods of rest. His most recent holiday was in April, when he spent about two weeks in Paris and London.

Stanbic IBTC Bank Honoured As ‘Best Corporate Bank’ By International Business Magazine

Stanbic IBTC Bank Honoured As ‘Best Corporate Bank’ By International Business Magazine

September 17, 2025

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has been recognised as the “Best Corporate Bank” by the International Business Magazine, underscoring its dedication to excellence in corporate banking. This prestigious accolade reflects the bank’s relentless pursuit of innovative solutions that not only foster business growth but also contribute to the economic development of Nigeria.

The International Business Magazine Awards celebrate outstanding organisations and individuals who demonstrate exceptional leadership, innovation, and commitment to excellence in their fields. The awards have carved a niche for themselves globally, showcasing the incredible achievements of executives who display excellent leadership qualities, along with adherence to prudent business practices.

Commenting on the award, Eric Fajemisin, Executive Director of Corporate and Transaction Banking at Stanbic IBTC Bank, expressed gratitude for the recognition, stating, “This award reflects our team’s relentless commitment to providing superior banking solutions that empower businesses to thrive. We strive to create value for our clients through innovative products and exceptional service.”

Stanbic IBTC Bank’s dedication to excellence has not gone unnoticed, and this recognition serves as a testament to the hard work and innovation displayed by its team. As the bank continues to evolve, it remains committed to driving growth and providing exceptional banking solutions that meet the demands of its clients worldwide.

Wole Adeniyi, Chief Executive, Stanbic IBTC Bank, asserted: “Receiving the ‘Best Corporate Bank’ award from International Business Magazine reflects our unwavering commitment to innovation and exceptional client service. This accolade reflects the skill and dedication of our outstanding team and the deep trust our clients have in us. We are resolutely focused on empowering businesses and fuelling sustainable economic growth in Nigeria with our unparalleled corporate banking solutions.”

As Stanbic IBTC Bank continues to forge ahead in providing world-class banking solutions, this accolade serves as a testament to the hard work and ingenuity of its team members who tirelessly contribute to the bank’s purpose. The bank remains resolute in its pledge to support business growth and drive economic development, ensuring that it meets the diverse needs of its clients around the world.

Adopt-A-School initiative: Stanbic IBTC Transforms Learning At Hausawa Model Primary School In Kano State

Adopt-A-School initiative: Stanbic IBTC Transforms Learning At Hausawa Model Primary School In Kano State

September 17, 2025

Adopt-A-School Handover Kano State 1[1] — L-R: Honorable Awala Sidi, Chairman PTA Taruani Local Government, Alhaji Abdulahi Mohd Dutse, former Kano State Primary Education Chairman, Wole Adeniyi, CE, Stanbic IBTC Bank; Alhaji Ahmad Ibrahim Muhammad Sekure, Chairman Tarauni Local Government; Alhaji Salisu Abdullahi, Representative of District Head of Darmawa at the handover ceremony of Hausawa Model Primary School kano forming part of the Stanbic IBTC’s Adopt-A-School initiative.

Stanbic IBTC Holdings Plc has renovated Hausawa Model Primary School, Kano State, as part of its Adopt-A-School initiative. The initiative marks the ninth school to benefit from the organisation’s commitment to educational development in Nigeria.

Hausawa Model Primary School has undergone extensive upgrades, including the construction of a new 2-classroom block with modern classroom furniture, comprehensive upgrades to offices for school administration, and the establishment of a state-of-the-art computer laboratory equipped with ten computers and workstations. The bank also constructed eight new toilet facilities, developed a mini football pitch, and established a mini library to foster reading culture among students. These improvements will benefit over 648 students and staff members.

L-R: Alh Garba Musa, former Permanent Secretary Ministry of Lands Kano State, Mallam Auwal Miko,Heas teacher Hausawa Model Primary School, Wole Adeniyi, CE, Stanbic IBTC Bank; Alhaji Ahmad Ibrahim Muhammad Sekure, Chairman Tarauni Local Government; Bridget Oyefeso-Odusami, Head, Brand and Marketing; Stanbic IBTC Holdings and some students at the handover ceremony of Hausawa Model Primary School kano forming part of the Stanbic IBTC’s Adopt-A-School initiative.

Kunle Adedeji, Acting Chief Executive, Stanbic IBTC Holdings, emphasised the long-term nature of the programme, saying that the initiative was part of its commitment to corporate social responsibility.

“Our Adopt-A-School initiative embodies our dedication to fostering sustainable growth and development in Nigeria. We believe that every child deserves access to a conducive learning environment, and through our efforts at Hausawa Model Primary School, we are taking another step toward achieving this goal,” he stated. “Investing in education is an investment in our collective future.”

Wole Adeniyi, Chief Executive, Stanbic IBTC Bank, also commented on the project’s impact, noting the comprehensive approach taken at the school.

“We believe that investing in education is investing in our collective future, we recognise that every child deserves a conducive learning environment where they can explore their potential and dream big, through our continued efforts at Hausawa model school and beyond, we are paving the way for the nation’s future leaders”

The renovation project aims to create a more conducive learning environment for students while addressing critical infrastructure needs including sanitation facilities and recreational spaces.

Prior to Hausawa Model Primary School, Stanbic IBTC had adopted eight other schools across various Nigerian states, demonstrating a commitment to diverse geographic representation in their educational support. The organisation has consistently focused the initiative on comprehensive interventions that address multiple aspects of the educational environment.

Environmental beautification efforts included planting 30 trees and flowers across school grounds, creating a more pleasant learning atmosphere while promoting environmental consciousness among students.

The project was officially inaugurated during a ceremony attended by distinguished dignitaries and community leaders, emphasising the collaborative approach essential for sustainable educational development in Nigeria.

Oil Prices Fall As G7, EU Advance Plans To Phase Out Russian Fuel

Oil Prices Fall As G7, EU Advance Plans To Phase Out Russian Fuel

September 17, 2025

Oil prices edged lower on Wednesday as traders weighed the US Federal Reserve’s upcoming interest rate decision against supply risks linked to the Russia-Ukraine war.

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Brent crude fell 0.2% to $68.05 per barrel, while US benchmark West Texas Intermediate (WTI) eased 0.01% to $64.08.

The Fed is widely expected to cut rates by 25 basis points later in the day, with markets watching Chair Jerome Powell’s remarks and new economic projections for guidance on the policy outlook. Analysts noted that while lower borrowing costs could support demand, a global supply surplus remains likely as OPEC+ continues to raise output.

EU Targets Russian Fuel

Meanwhile, geopolitical risks remain in focus after European Commission President Ursula von der Leyen announced plans to accelerate the EU’s phase-out of Russian fossil fuel imports. The move will be part of the bloc’s forthcoming 19th sanctions package against Moscow.

“Russia’s war economy, sustained by revenues from fossil fuels, is financing the bloodshed in Ukraine. To put an end to it, the Commission will propose speeding up the phase-out of Russian fossil imports,” von der Leyen said on X following a call with US President Donald Trump.

Trump has repeatedly criticised European allies for what he described as “not tough enough” sanctions, pointing to continued Russian oil purchases. In response to sanctions, Russia has increased oil exports to China and India. The EU has pledged to completely phase out Russian oil and gas imports by January 1, 2028.

The latest sanctions package is expected to target Russia’s banking sector, energy revenues, and cryptocurrency use to evade restrictions. Since the start of the war in February 2022, the EU has banned imports of Russian coal and most crude oil while imposing sweeping financial sanctions.

US Inventories Decline

On the supply side, the American Petroleum Institute reported on Tuesday that US crude stockpiles fell by 3.42 million barrels in the week ending September 12, alongside a drawdown in gasoline inventories. Official Energy Information Administration figures are due later Wednesday.

FG Rolls Out Agricultural Reforms, Targets 21m Jobs

FG Rolls Out Agricultural Reforms, Targets 21m Jobs

September 17, 2025

The Federal Government has announced new incentives to attract investment in agriculture, pledging reforms that could create up to 21 million jobs and strengthen food security across the country. Vice President Kashim Shettima unveiled the plans on Tuesday at the Food and Agriculture Organisation’s National and Subregional Hand-in-Hand Investment Forum in Abuja. He described hunger as “the great equaliser” and called agriculture central to Nigeria’s economic future.

According to a statement by his Senior Special Assistant on Media and Communications, Stanley Nkwocha, the new measures include streamlined land registration processes, stronger agricultural credit systems, large-scale mechanisation, and expanded irrigation projects.

Shettima noted that Nigeria has the capacity to irrigate more than three million hectares of farmland but currently uses less than 10 percent. “Strategic investment in irrigation alone could triple yields, free us from seasonal dependency, and fortify our resilience against climate shocks,” he said.

The Vice President emphasised that the administration’s blueprint under the 2021–2025 National Development Plan aims to lift 35 million people out of poverty, create 21 million rural jobs, and ensure food sufficiency. He assured investors that reforms, public-private partnerships, and agri-tech innovations would make Nigeria “open for business.”

Minister of Agriculture and Food Security, Abubakar Kyari, highlighted Nigeria’s domestic market, arable land, and growing digital economy as unique opportunities for agribusiness. Similarly, Minister of Budget and Economic Planning, Atiku Bagudu, stressed that agriculture remains central to economic diversification and President Tinubu’s Renewed Hope Agenda.

Regional and international partners also voiced support. The Gambia’s Agriculture Minister, Demba Sabally, lauded Nigeria’s progress in rice and cassava value chains as examples for the sub-region. FAO representative in Nigeria and ECOWAS, Hussein Gadain, described the initiative as a catalyst for Africa’s agri-food transformation, while the EU Delegation announced fresh investments of over €80 million across value chains in seven Nigerian states.

Farmers Call for Implementation

Despite the optimism, farmer groups cautioned that the reforms must move beyond policy announcements.

Kabir Kebram, President of the All Farmers Association of Nigeria, urged the government to “follow through” on promises, warning that policies without execution would yield little impact.

Peter Dama, Chairman of the Competitive African Rice Forum, noted that delays between announcements and delivery often undermine farming cycles. “While we welcome the pronouncements, they must be matched with timely action,” he said.

The Small-Scale Women Farmers Organisation in Nigeria also expressed concern that government programmes have yet to benefit smallholder women farmers, who form the backbone of food supply. National Secretary, Chinasa Asonye, said many policies remain unimplemented and criticised the government’s failure to meet the 10% budgetary allocation to agriculture under the Malabo Declaration.

She added that past initiatives such as the school feeding programme had supported smallholders by purchasing their produce, but such benefits were no longer reaching them.

Stakeholders therefore urged the Federal Government to prioritise transparency, timely delivery, and grassroots inclusion if the new agricultural reforms are to deliver on their promise of jobs, food security, and poverty reduction.

Dollar To Naira Exchange Rate For 17th September 2025

Dollar To Naira Exchange Rate For 17th September 2025

September 17, 2025

Dollar To Naira Exchange Rate For 8th Dec 2023

The exchange rate between the Naira and the US dollar, according to the data released on the FMDQ Security Exchange, the official forex trading portal, showed that the naira closed at 1518.00 per $1 on Wednesday, September 17th , 2025. The naira traded as high as 1479.00 to the dollar at the investors and exporters (I&E) window on Tuesday.

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How much is a dollar to naira today in the black market?

Dollar to naira exchange rate today black market (Aboki dollar rate):

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦1522 and sell at ₦1518 on Tuesday 16th September, 2025, according to sources at Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN)	Black Market Exchange Rate Today
Buying Rate	₦1525
Selling Rate	₦1518

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN)	CBN Rate Today
Highest Rate	₦1490
Lowest Rate	₦1479

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

FG Warns Of Fresh Flooding In Lagos, 13 Other States

CBN: Economic Reforms Target Financial Stability, Boost In Productivity

September 17, 2025

The Central Bank of Nigeria (CBN) has reiterated its commitment to implementing economic reforms designed to strengthen financial stability and drive productivity across key sectors.

Speaking at the CBN Fair in Kano on Tuesday, Governor Olayemi Cardoso, represented by Mrs. Hakama Sidi, Acting Director of Corporate Communications, explained that the apex bank is intensifying efforts to deepen financial inclusion while maintaining monetary and price stability.

Themed “Driving Alternative Payment Channels as Tools for Financial Inclusion, Growth and Accelerated Economic Development,” the fair underscored the CBN’s focus on small and medium enterprises (SMEs) and other critical sectors that contribute significantly to economic expansion.

Cardoso outlined measures including a banking recapitalisation programme, reforms to unify the foreign exchange market, and initiatives aimed at increasing transparency and foreign investment. Other strategies involve strengthening specialised financial institutions, updating regulatory frameworks, enhancing payment systems, and reducing risks in credit for essential sectors such as housing, agriculture, and healthcare.

He also highlighted the Nigeria Payments System Vision 2028 (PSV 2028) and the Unified Complaints Tracking System (UCTS), which aim to safeguard customers and enhance trust in the financial sector. In addition, the CBN introduced a USSD code (*959#) for verifying licensed financial institutions.

The CBN governor urged Nigerians to value the naira by refraining from practices such as spraying, hawking, or mutilating banknotes, describing the currency as a national symbol that must be respected.

Meanwhile, Aliyu Abubakar, Acting Divisional Head of Other Financial Institutions at CBN Kano, emphasised the importance of microfinance institutions in expanding access to financial services for individuals excluded from commercial banking.

Salihu Umar, President of the Association of Mobile Money Operators of Nigeria, commended the CBN for creating platforms to showcase innovative payment solutions, noting that such efforts are crucial for extending financial services to underserved communities and supporting broader economic growth.

Nigerian Bond Market Sees Profit-Taking As Real Interest Rate Climbs To 7.38%

FG Warns Of Fresh Flooding In Lagos, 13 Other States

September 17, 2025

The Federal Government has issued a fresh alert over possible flooding in Lagos, Adamawa, and 12 other states, warning residents of high-risk areas to take precautionary measures.

In a forecast released on Tuesday, the National Flood Early Warning Centre of the Federal Ministry of Environment predicted heavy rainfall between September 16 and 18 across 14 states and 52 communities.

The statement, signed by the Director of the Erosion, Flood and Coastal Zone Management Department, Usman Abdullahi Bokani, listed communities likely to be affected. They include:

Akwa Ibom State: Upenekang, Eket, Edor, Oron, Ikot Abasi, Ikot-Ekpene, Etinan, Uyo, Obianga.
Anambra State: Ogbakuba, Nnewi.
Adamawa State: Yola, Wuro Bokki, Farkumo, Jimeta.
Cross River State: Akpap, Calabar.
Bayelsa State: Amasoma, Ikpidiama, Kalama, Yenagoa, Peremabiri, Sagbama, Oporoma, Odoni, Otuoke, Kolokuma/Opokuma, Ogbia, Oliobiri.
Delta State: Patani, Asaba, Abari, Escravos, Umuochi Utchi.
Kaduna State: Kachia, Kauru.
Kebbi State: Birnin Kebbi, Kalgo.
Katsina State: Bakori.
Rivers State: Ahoada, Bonny, Itu, Bori.
Imo State: Egbema, Oguta.
Sokoto State: Argungu, Gagawu, Silame.
Ondo State: Igbokoda, Ore, Okitipupa.
Lagos State: Epe.

The latest warning follows a similar advisory issued three days earlier, which had highlighted the risks in Adamawa and 10 other states, particularly communities on the floodplains of Rivers Gongola, Benue, and Niger.

Already, parts of Adamawa have been hit. The National Emergency Management Agency (NEMA) confirmed on Tuesday that prolonged rainfall in Yola and neighbouring areas triggered flash floods across 13 communities in Yola North and Yola South Local Government Areas.

According to NEMA, rescue operations were coordinated by its Yola Operations Office in partnership with the Adamawa State Emergency Management Agency, the fire services, security agencies, and volunteer groups. Vulnerable households, including women, children, the elderly, and persons with disabilities, were evacuated to safer locations. Rapid assessments were also conducted to determine the extent of damage and urgent humanitarian needs.

Lagos, which suffered severe flooding last week, is among the states on the new watchlist. Heavy rainfall in the state had left motorists stranded along the Ikorodu Road, with traffic gridlock stretching from Anthony to the Odo-Iyalaro Bridge.

The Federal Government urged residents of all high-risk areas to remain alert and comply with safety advisories to mitigate the impact of the anticipated flooding.

Nigerian Bond Market Sees Profit-Taking As Real Interest Rate Climbs To 7.38%

CBN Treasury Bills Auction Set for Midweek as Rates Expected to Ease

September 17, 2025

The Central Bank of Nigeria (CBN) has announced plans to hold its second Treasury Bills auction for the month on Wednesday, offering a total of ₦290 billion across three maturity periods.

The breakdown includes N30 billion for 91-day bills, N60 billion for 182-day bills, and N250 billion for 364-day bills. Analysts expect rates to taper slightly due to disinflation and growing calls for monetary easing, given the inflation rate’s decline to 20.12% in August.

AAG Capital Limited projected the 91-day paper to close between 15.19% and 15.39%, lower than the 15.32% cut-off from the previous auction. The 182-day bills are expected to remain stable between 15.30% and 15.50%, while the 364-day maturity could attract between 17.19% and 17.39%.

The firm added that the narrowing spread between OMO bills and Nigerian Treasury Bills — now up to 300 basis points — reinforces the likelihood of rate convergence, particularly as one-year bills gain traction among investors.

Analysts also highlighted that the headline inflation drop further strengthens the case for rate cuts after a prolonged period of policy tightening.

Naira Strengthens To N1484 As FX Market Sees Bullish Momentum

U.S. Embassy Urges Nigerians To Prepare Thoroughly As Visa Fees Remain Non-Refundable

September 17, 2025

US Imposes Visa Ban On Nigerians Who Undermined Democracy

The United States Mission in Nigeria has reiterated that visa application fees remain non-refundable, urging Nigerians to carefully prepare their applications to improve approval chances.

In a statement published on its official X handle and the U.S. Department of State website, the embassy explained that the fees are charged to cover processing costs, regardless of the outcome of an application.

“We hear your concerns regarding U.S. visa application fees. Like most countries, the U.S. visa fees cover the cost of processing the application, regardless of the outcome. While fees are non-refundable and non-transferable, each application is reviewed thoroughly and fairly. For best results, prepare your application carefully and use the resources on our website,” the notice read.

Earlier this year, the U.S. government revised its global visa fee schedule, raising charges across multiple categories, including student, business, work, and investment visas. For Nigerians, standard visitor visas (B-1/B-2) now cost $185, while temporary worker visas have increased to $205. Treaty trader and investor visas were adjusted upward to $315.

Additionally, new rules introduced in July mandate that most Nigerians applying for non-immigrant visas will only receive single-entry visas valid for three months. Applicants in student and exchange categories (F, M, J) are now also required to make their social media accounts publicly visible and disclose all usernames used in the past five years.

The U.S. State Department maintains that these measures are part of enhanced security vetting procedures.

Nigerian Bond Market Sees Profit-Taking As Real Interest Rate Climbs To 7.38%

OMO Bill Maturity Boosts Banking Liquidity, Market Rates Hold Steady

September 17, 2025

Liquidity in Nigeria’s banking sector surged on Tuesday following the maturity of Open Market Operation (OMO) bills worth ₦204.87 billion, keeping interbank rates steady while investors anticipate further monetary easing.

Data from AIICO Capital Limited showed financial system liquidity rose to N2.455 trillion from N2.111 trillion the previous day. TrustBanc Financial Group reported a 10% decline in placements at the CBN’s Standing Deposit Facility, which stood at ₦1.75 trillion, reflecting reduced sterilisation pressures.

Banks avoided the borrowing window, signaling comfortable liquidity positions. Interbank rates remained stable, with overnight repo and lending rates closing at 26.50% and 26.92%, respectively. The Nigerian Interbank Borrowing Rate (NIBOR) also recorded modest declines across most tenors.

Meanwhile, the Nigerian Interbank Treasury Bills True Yield (NITTY) dropped across all maturities, with yields on 1-month, 3-month, 6-month, and 12-month papers falling by 21, 40, 63, and 37 basis points, respectively.

Analysts expect additional inflows from the ₦84.29 billion Federal Government bond coupon payment to sustain system liquidity ahead of the ₦290 billion Treasury Bills auction scheduled for midweek.

Nigerian Bond Market Sees Profit-Taking As Real Interest Rate Climbs To 7.38%

NAMA Seeks Tariff Increase, Faces Pushback From Airlines

September 17, 2025

The Director-General of the Nigerian Airspace Management Agency (NAMA), Farouk Umar, says the current N11,000 charge per flight imposed on airlines is no longer sustainable, citing rising costs of maintaining aviation infrastructure.

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Speaking in Abuja on Tuesday at a summit organised by the House of Representatives Committee on Aviation, Umar noted that the fee, unchanged since 2008, is charged per flight regardless of passenger numbers.

“In 2008, NAMA was collecting N11,000 per flight. Since then, airfares have surged, with economy tickets now between N150,000 and N200,000, yet we still charge the same amount,” Umar said. He stressed that NAMA is a cost-recovery organisation, not a charity, and must recoup investments in critical facilities such as landing systems, radar, and modern communication equipment.

Umar warned that inflation, exchange rate pressures, and global supply chain disruptions have significantly increased the cost of procuring and maintaining these systems. “We keep modernising to ensure Nigeria is not left behind in global aviation development. Yet, the airlines are still paying peanuts. We cannot continue this way,” he insisted.

Airlines Resist Review

Despite repeated engagements, Umar said airline operators continue to resist tariff adjustments. He argued that their stance is unfair since they frequently increase ticket fares to reflect rising operational costs.

“The airlines respond to economic realities by raising ticket prices, but they do not want to accept that we also operate in the same economy. Safety is at stake if we cannot recover costs,” he warned.

Airline operators, however, counter that higher charges would worsen their already fragile financial position. With surging fuel prices, foreign exchange shortages, and multiple taxes, carriers say they are struggling to survive. They fear that passing additional costs to passengers could push airfares even higher, burdening travelers who already pay some of the highest rates in Africa.

Parliament’s Position

Earlier, the Chairman of the House Committee on Aviation, Abdullahi Garba, was represented by his deputy, Festus Akingbaso, who stressed the need for collaboration to strengthen the aviation sector. He assured that parliament is willing to support NAMA and other agencies with funding, provided they demonstrate transparency and efficiency.

In contrast with global practice, where navigation fees are tied to aircraft size, distance, and other parameters, Nigeria still charges a flat N11,000 per flight, well below the actual cost of service delivery. Aviation analysts warn that unless reviewed, this gap could threaten safety by limiting NAMA’s ability to reinvest in critical infrastructure.

Industry stakeholders are calling for a balanced approach, one that ensures NAMA recovers costs without crippling airlines or pricing passengers out of the skies.

Nigerian Bond Market Sees Profit-Taking As Real Interest Rate Climbs To 7.38%

Naira Strengthens To N1484 As FX Market Sees Bullish Momentum

September 17, 2025

Federation Account Amasses Over ₦5trn In 6months- RMAFC

The naira strengthened against the U.S. dollar on Tuesday, trading at N1484 in the Nigerian foreign exchange market after testing intraday highs of N1479 per dollar, according to updates from the Central Bank of Nigeria (CBN).

This performance marks a significant improvement, with analysts pointing to rising foreign reserves and broader weakness in the U.S. dollar index as supportive factors. Nigeria’s external reserves climbed to $41.844 billion, up from $41.698 billion on Friday, reflecting successive foreign inflows.

Market observers say the currency’s appreciation is improving investor sentiment and fueling bullish forecasts for the FX market. They also noted that declining headline inflation has been supported by the naira’s recent stability.

Global factors also played a role, with crude oil prices surging amid renewed supply concerns linked to the ongoing Russia-Ukraine conflict. Light crude futures broke past the 200-day moving average at $63.32, sparking strong buying momentum that lifted prices above $64.

West Texas Intermediate (WTI) crude is now testing the $64.25 resistance level. Analysts believe a breakout could trigger further gains, setting the stage for a push toward $65.41 and possibly $66.03.

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GTCO Market Value Climbs On Major Block Trade Transactions

September 17, 2025

GTCO Shareholders To Receive ₦3 Per Share

Guaranty Trust Holding Company (GTCO) Plc has recorded a notable increase in market value, rising by 85 basis points to N3.460 trillion, as significant block trade transactions boosted investor confidence despite its delayed earnings report.

The financial group’s share price advanced from N94.20 at the beginning of the week to N95, signaling resilience after recent sell-off pressures. Data from the Nigerian Exchange (NGX) showed GTCO as the most active stock by value, accounting for 7.96% of total market trade volume.

Anchoria Securities Limited confirmed that about 30 million shares were transacted off-market at ₦95 per share, representing a trade value of ₦2.5 billion. In total, 32.890 million GTCO shares worth N3.124 billion were exchanged on Tuesday, giving the company a commanding 24.18% share of the day’s market value.

Analysts attribute the rising investor interest to the company’s strong earnings outlook, minimal keyman risk, and the positive momentum from its recent listing on the London Stock Exchange. MarketForces Africa also reported sustained inflows from foreign portfolio investors seeking exposure to the bank’s growth prospects.

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