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The Joint Admission and Matriculation Board (JAMB) has fixed the cut off marks for tertiary institutions.

Ishaq Oloyede, registrar, JAMB, made this known on Tuesday at the policy meeting of the stakeholders of tertiary institutions in Abuja.

He said the stakeholders unanimously agreed that the minimum cut-off marks for university degree is to stand at 120.

The stakeholders, according to him, pegged that of polytechnic to be 100, colleges of education 100, while national innovative enterprise institution remained at 110 marks.

The registrar said the timelines for admission of first choice was October 15, while second choice would be December 15.

Oloyede also said 569,395 of the 1.7 million candidates that wrote this year’s UTME scored over 200 marks.

He said 23.8 per cent of the total number of the candidates scored below 160 marks.

Oloyede urged the heads of the various tertiary institutions to set their modalities for admissions exercises as it was not the board’s responsibility.

He said that no candidate without O’ Level prerequisite would be offered admission.

“JAMB has a Central Admissions Processing System (CAPS) to aid you on the admission exercises,” he said.

“CAPS will not replace admission processes of institutions. It will enable institutions to simply communicate with JAMB in a more dynamic and timely manner.

“It will also allow for flexible cut-off marks and candidates are allowed to make their choice of institution and course.”

The registrar, however, appealed to heads of institutions not to charge more than N2,000 for admissions’ processes.

In his remark, the minister of education, Adamu Adamu, commended the board for conducting the UTME.

According to him, the stakeholders have worked together to create synergy for advancement of education in the country.

“We restate our commitment to ensure expansion of access to students in our institutions,” he said.

“To ensure equity in regard to rural and urban areas; we are committed to refocusing our curricula to meet our development need.”

Adamu, however, advised heads of institutions to accommodate qualified candidates in the most transparent and flexible manner.

NAN reports that the meeting was attended by stakeholders in both public and private tertiary institutions.

BIG STORY

Tinubu Gushes About Wife On Her 64th Birthday, Says “Your Love Sustains Me”

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has paid a glowing tribute to Oluremi, his wife, on her 64th birthday.

In a heartfelt message via Instagram on Saturday, the president described Oluremi as his “rock, confidant, and greatest support” and the “heart” of their home.

Tinubu expressed gratitude for his wife’s “unwavering strength, grace, and love” to him, their family, and the entire nation.

The president also prayed for “boundless joy, peace and happiness” in Oluremi’s life.

“My Dearest Oluremi, on this beautiful day, as we celebrate your 64th birthday, my heart is full of gratitude and love for the incredible woman you are.

Since we began this journey together, you have been my rock, confidante, greatest supporter, and the love of my life,” he wrote.

“Every step of the way, you have shown unwavering strength, grace, and love to me, our family, and our beloved nation, Nigeria.

You are the heart of our home, the light guiding me through the most challenging days, and the embodiment of kindness and wisdom.

Your compassion, generosity, and dedication inspire millions of Nigerians and me, especially our young women, who look up to you as their First Lady.

On your special day, I want to take a moment to tell you how truly blessed I feel to walk this path beside you.

Your love sustains me, wisdom guides me, and strength lifts me.

“I could not ask for a better partner to share the triumphs and trials of life.

As you turn 64, I wish you nothing but boundless joy, peace, and happiness.

May this year unfold with blessings, laughter, and cherished moments you so richly deserve.

I look forward to all the moments we will create together in the years to come.

With all my love and appreciation, now and always.

Your Bola.”

“Bola and Remi tied the knot in 1987. Their union is blessed with three children.”

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Wema Bank Set To Launch Season 4 Of Its 5 For 5 Promo Reward Initiative From October 1st, 2024

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Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, is set to launch the 4th season of its transformative reward initiative, the Wema Bank 5 for 5 Promo. The highly anticipated Season is scheduled to kick off on Tuesday, October 1, 2024.

Introduced in 2021 the Wema Bank 5 for 5 Promo is a reward initiative pioneered by the Bank with the goal of rewarding its diverse range of customers for active loyalty to the brand, its products, and offerings. The Promo is executed seasonally via thoroughly regulated live draws where winners are selected from the Bank’s pool of active and transacting customers, based on the stipulated minimum requirements and modalities of the season. With benchmarks for qualification set as low as N5,000 in monthly transactions, the Wema Bank 5 for 5 Promo has evolved through each season, solidifying its repute as a source of hope, financial support, business growth and goal acceleration for thousands of Nigerians nationwide.

Over the course of 3 seasons, the 5 for 5 Promo has disbursed over N150,000,000 to 2,378 Nigerians across the six geopolitical zones in Nigeria, with 639 customers winning N31,500,000 in season 1, 539 winning N31,850,000 in season 2 and 1,200 winning N90,000,000 in the 3rd season of the 5 for 5 Promo which spanned August 2023 to July 2024. As a new season of the Wema Bank 5 for 5 Promo approaches, tensions are heightening as Nigerians await a new season of financial rewards and pleasant surprises from Wema Bank. Customers of the Bank are encouraged to request a debit card or get onboarded on the ALAT app and *945# and start transacting via any of these channels in anticipation of the season’s kick-off. Other Nigerians interested in participating are encouraged to open Wema Bank/ALAT account(s) to get started.

Reiterating the Bank’s commitment to providing a rewarding banking experience for its customers, Moruf Oseni, MD/CEO of Wema Bank, elaborated on the significance of the Wema Bank 5 for 5 Promo for its customers. “At Wema Bank, we have made it a duty and core value to provide optimum returns for our customers, and this commitment is evident in all that we do as a Bank. ‘Optimum returns’ for Wema Bank is limitless which is why we continue to raise the bar and set new standards, innovating new and improved ways to provide a highly rewarding banking experience for our customers. It is this sense of duty to our customers that inspired the launch of the Wema Bank 5 for 5 Promo”.

“The past seasons of the Wema Bank 5 for 5 Promo have been highly successful, but I can assure you that the coming season will be the biggest in 5 for 5 Promo history to date. We are, yet again, raising the bar, and with more to win this season, every Wema Bank customer is in for a treat. It’s beyond the rewards customers are getting. With the 5 for 5 Promo, we are telling customers that we’re grateful, showing them that we care, and empowering lives and businesses to thrive. Through this initiative, we have made undergraduate millionaires, established businesses across Nigeria, boosted existing ventures despite economic fluctuations, given hope to Nigerians of various ages and walks of life; and this season, we are more than prepared to exceed all milestones, break new ground and transform more lives for the best. The Wema Bank 5 for 5 Promo Season 4 kicks off on October 1 and we have a special Independence Day live draw to kickstart the season, so I welcome every Nigerian to Wema Bank and encourage all to get on ALAT, request a Wema/ALAT card or onboard on *945# and get ready for an intriguing new 5 for 5 Promo Season, bigger than ever before”, Oseni concluded.

The Wema Bank 5 for 5 Promo season 4 promises to be a game changer and every Nigerian can participate and secure big wins throughout the season by being a Wema Bank customer and getting onboarded on the valid transaction channels which include the ALAT app, the Wema/ALAT card and the Bank’s USSD Banking platform, *945#.

All transactions made using the qualifying Wema Bank and ALAT transaction channels from October 1, 2024, are potentially qualifying transactions and could secure rewards ranking in millions for Nigerians across Nigeria.

T&Cs Apply.

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BIG STORY

African Philanthropist & Business Leader, Tony Elumelu Sets Out Africa’s Priorities For UNGA 2024

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  • Transformative Economic Growth, Youth Employment, Energy Transition Critical for the Continent

 

African philanthropist and business leader, Tony Elumelu, will make Africa’s transformative economic growth, youth employment, and energy transition central to the discussions at this year’s United Nations General Assembly (UNGA), taking place late September in New York.

Elumelu will call for urgent action in a series of engagements, including a roundtable discussion at the Clinton Global Initiative with former President of the United States, Bill Clinton, and at an event co-hosted by the World Food Programme (WFP) and the Tony Elumelu Foundation (TEF), led by WFP Executive Director, Cindy McCain.

Elumelu will bring his perspective both from extensive experience in building industry-leading businesses across the continent, and the success of the Tony Elumelu Foundation’s catalytic programmes empowering young Africans. Elumelu is a realist, challenging Africa and Africans to solve their problems, bringing African solutions, but also recognizing Africa’s responsibility to act.

As Chairman of United Bank for Africa (UBA) Group and pan-African investment company, Heirs Holdings, as well as Founder of the Tony Elumelu Foundation, Elumelu is a leading driver of Africa’s transformation agenda, helping shape the continent’s narrative on the global stage. His thought leadership and advocacy challenge conventional views, offering innovative strategies for collaboration and growth. The success of his Foundation in promoting youth entrepreneurship as a pathway out of poverty, has featured in case studies from Harvard, Chicago Business School, Stanford and Cambridge.

With over 60% of Africans lacking access to electricity and young people making up more than 60% of the continent’s 1.3 billion population, Africa faces challenges that impact the world. Africa, most recently with tragic floods in West Africa, is suffering climate driven environmental crises, caused by global emissions, whilst Africa’s development is held back by huge infrastructure deficits.

In a recent statement, Elumelu emphasised, “I have often said that there is nowhere else in the world you can reap the kind of investments as in Africa. However, I am acutely aware of the fundamental challenges our continent faces. Addressing the issues of sustainable economic growth, youth unemployment, genda inequality, and Africa’s energy transition is critical not only for meeting the continent’s basic developmental needs, but also for achieving the Sustainable Development Goals and unlocking the immense economic potential that Africa offers.”

An economist and visionary entrepreneur, Elumelu’s economic philosophy of Africapitalism, serves as a blueprint for accelerating Africa’s economic transformation, advocating for the private sector to take the lead in delivering social and economic wealth, and shared prosperity for all.

Alongside Elumelu’s advocacy, the United Bank for Africa, which he chairs, will host a networking gala on the sidelines of UNGA – a platform to spotlight investment opportunities on the continent. The Gala will convene prominent leaders across four continents, in commemoration of UBA Group’s 75th anniversary and the Group’s 40 years of operations in the United States.

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