Breaking: Ruto dissolves his cabinet with immediate effect
President William Ruto has dissolved his cabinet with immediate effect in what will be interpreted as a move to appease protesters who spent two weeks asking for an end to his administration. His plans to raise revenues through tax raises have suffered setbacks even as the Kenyan Revenue Authority missed its tax targets for 2023. “I have decided to dismiss with immediate effect all the cabinet secretaries and the Attorney General of the cabinet of Kenya, except the prime cabinet secretary and cabinet secretary for diaspora affairs. The office of the vice president is not affected in any way,” Ruto said in a televised address on Thursday. On Tuesday, the president reached out to opposition leader Raila Odinga to help quell the tensions that have gripped the country for a month. The current crisis started after the ruling Kenya Kwanza coalition failed to heed calls to reject the controversial 2024 Finance Bill, which was finally withdrawn on June 25 after demonstrators overran parliament. But what started as protests against new taxes on bread, cars, diapers, and sanitary towels, among other items, has now morphed into calls for Ruto to resign, with Kenyans accusing his government of corruption, extra-judicial killings, abductions, and incompetence. Following the withdrawal of the tax bill, Ruto has slashed the 2024/2025 budget by $1.3 billion. This represents almost half of the $2.7 billion extra revenue the Ruto administration had hoped to raise from the new taxes in the scrapped bill. *This is a developing story
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Exclusive: How a six-week freeze on customer onboarding slowed card demand for OPay and Moniepoint
In April, Nigeria’s central bank barred fintechs from onboarding new customers for six weeks. In that period, two of Nigeria’s biggest fintechs—Opay and Moniepoint—slowed card distribution because the demand for cards declined, according to ten point-of-sale agents who spoke to TechCabal. “A lot of people [opening] new accounts also want a card that just makes them feel that (they are) completely financially included,” said an OPay executive who asked not to be named. Since getting a card is a natural extension of the account opening process, a customer onboarding freeze led to a decline in card demand. Opay and Moniepoint responded by reducing the number of cards dispensed to agents—the agency banking sector’s backbone. OPay, which began offering cards in 2021, has distributed about 13 million cards, while Moniepoint has distributed around 4 million cards, one person with knowledge of Verve’s business, a card issuer for both fintechs, told TechCabal in June. Despite this initial explosion, card growth is slowing. It has allowed some fintechs to deprioritise cards, historically an excellent but loss-making customer acquisition strategy. “Moniepoint reduced the pack of cards to only five (from 30),” a card distributor told TechCabal. These distributors move cards across multiple local governments and fulfill requests from an online platform, although most of the demand is generated offline. Nigerian cloud provider hit with ransomware attack as government agency works to “swiftly resolve incident” While other fintechs customers apply for cards through apps, many OPay and Moniepoint customers use banking agents instead, making those agents mini bank branches. Although cards help customers pay online, adoption is slowing. Fintech customers feel comfortable moving around without their cards as transfer speeds improve and businesses increasingly accept bank transfers. “We expected it. We were very aggressive when we launched cards in 2021. Naturally, the pace at which it was growing two years ago is not the same now. It’s the law of diminishing returns,” said an OPay executive about the drop in card demand. A combination of the growing adoption of online transfers and cards reaching maturity as customer growth maintains a steady pace has played a significant part in the drop in card demand.
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👨🏿🚀TechCabal Daily – South Africa’s cybersecurity woes
In partnership with Share this newsletter: Lire en Français اقرأ هذا باللغة العربية Happy pre-Friday The One Ring is no longer just fiction, it’s now closer reality. Yesterday, Samsung launched it’s newest wearable technology, the Samsung Ring. The Galaxy Ring tracks your health—sleep, heart rate, activity—and boasts a sleek design with a cool charging case. Plus, it integrates with Samsung phones for features like camera control and lost ring tracking, at least if you have a Galaxy phone. You can’t receive notifications on the ring, but at least it’ll let you know when you’re doing big back activities. At $400, it’s a pricey ring, but the lack of a subscription fee sweetens the deal. The bigger question is why we need to turn every accessory into wearable tech. First watches, and now rings. What’s next? And why? In today’s edition Local cloud service provider hit with ransomware attack Access Bank to raise $233 million $16.5 million has been stolen from South African taxpayers After Zambia, Huawei wants to launch a smart village in Uganda The World Wide Web3 Job openings Cybersecurity Local cloud service provider hit with ransomware attack Two weeks ago, Nigeria’s ID authority, the National Identity Management Commission confirmed five websites that were illegally selling the private information of Nigerians for as low as ₦190 ($0.12). In fact, one human rights group, as part of its investigation, reportedly purchased the NIN slip of digital economy minister Bosun Tijani for ₦100 ($0.064). At the time, an ethical hacker who spoke to TechCabal said, “It is either the NIMC is doing a poor job at data protection by using a cloud storage to store data or an insider is allowing individuals retrieve data.” While an investigation by Nigeria’s data protection agency fingered abuse of access as the cause of the NIMC breach, it still doesn’t mean cloud services in the country are safe, especially not with the latest news. The scoop: Nigeria’s cloud computing industry is under attack. Hackers wielding Phobos, a ransomware, have infiltrated at least one local provider, according to a government source with direct knowledge.The Nigerian Computer Emergency Response Team (ngCERT) is on high alert after detecting a surge in Phobos attacks targeting cloud service providers. The ransomware encrypts a victim’s data, essentially holding it hostage until a ransom is paid. Why it matters: This is a big blow to Nigeria’s burgeoning cloud sector. Local providers have been aggressively courting startups and government agencies as cheaper alternatives to tech giants like AWS and Azure—services each agency pays up to $500,000 for. Some providers have even lobbied for government contracts to store sensitive data. A wave of ransomware attacks could shatter trust and stall this critical industry. How they’re getting in: Hackers are using two main tactics: phishing emails and scans for vulnerable Remote Desktop Protocol (RDP) ports. ngCERT warns these attacks can lead to a domino effect – compromised systems, stolen data, hefty ransom demands, and potential financial losses. The outlook: ngCERT is actively working with affected organisations to mitigate the damage, but the full scope of the outbreak remains unclear. Read Moniepoint’s 2024 Informal Economy Report 90% of businesses in Nigeria’s informal economy earn less than N500,000 in monthly profit. Click here to explore the financial profile of Nigeria’s informal economy from Moniepoint’s latest report. Banking Access Bank to raise $233 million “When you are the largest bank in Nigeria and one of the largest banks in Africa, where do you go from here?” This is a question Aigboje Aig-Imoukhuede, Access Holdings Plc Chairman, asked in his presentation on Tuesday. And Aig-Imoukhuede isn’t wrong. The bank, with over 60 million customers across three continents, is giving other commercial banks a run for their money—and even swallowing some up in the process. The bank has acquired at least 5 banks since 2022 alone, including BancABC Botswana, and has majority shares the Standard Chartered subsidiaries in Angola, Cameroon, Gambia and Sierra Leone. More recently Access Bank acquired the National Bank of Kenya in a deal thought to be worth $100 million. Now, Access Bank wants respect! The bank is planning to raise ₦351 billion ($233 million) from existing shareholders to finance its goal of becoming “the world’s most respected African bank.” The company will offer existing shareholders 17.7 billion new shares at ₦19.75 each. Going global, but not forgetting home: Access isn’t abandoning its Nigerian roots. A chunk of the funds (₦223 billion) will be used to expand its loan portfolio across various business sectors within Nigeria. Access also plans to invest ₦68.62 billion ($37.6 million) in infrastructure, and ₦51.46 billion ($32.9 million) in distribution channels, including new branches in Lagos, Port Harcourt, and Abuja. Chasing the money trail: “We are chasing the money,” said Access Bank MD/CEO Roosevelt Ogbonna, emphasising their strategic approach to market selection. Their global expansion includes new markets like the US and a trade booking office in Malta. Ogbonna also took a jab at competitors, highlighting Access’ remarkable growth since 2002. “There is no Nigerian bank that was our size in 2002 that is still alive today,” he said. Can they pull it off? Only time will tell if Access can achieve its lofty goal of becoming a global African banking leader. But with this fresh capital and their proven track record, they’re definitely a force to be reckoned with. Issue USD and Euro accounts with Fincra Create and manage USD & Euro accounts from anywhere. Fincra allows you to issue accounts to your users, partners & customers to collect payments without the stress of setting up and operating a local account. Get started today. Cybercrime $16.5 million has been stolen from South African taxpayers In more news about cybersecurity, South Africa is facing more than its own fair share of attacks. Over the past decade, cybercriminals have siphoned a staggering R300 million ($16.5 million) from South Africa’s taxpayer coffers, according to newly appointed Democratic Alliance (DA) public works minister, Dean Macpherson. This revelation sheds light on a persistent and alarming vulnerability in
Read MoreTanzania’s Amsons offers $182.89m to acquire Kenya’s Bamburi Cement from Swiss firm
Tanzania’s Amsons Group, a family-owned conglomerate with interests across various sectors, has made a $182.89 million (KES23.59 billion) offer to buy a 100% stake in Kenya’s Bamburi Cement from Holcim, a Swiss multinational. The acquisition could see the local cement manufacturer delist from the Nairobi Securities Exchange (NSE). On Wednesday, the Tanzanian firm launched a take-over bid through its Kenyan subsidiary Amsons Industries (K) Ltd, offering shareholders $0.51 (KES65) per share. Amsons’ bid will offer the cement manufacturer’s shareholders a 44.44% premium on the share closing price on Wednesday. “The proposed investment will not only cement a Tanzanian company’s place as one of East Africa’s largest takeover deals but also promises substantial growth potential for Kenya through foreign direct investment,” Amsons said in a statement. Bamburi is the largest cement maker in Kenya, controlling about 30% market share. Edha Nahdi, Amsons managing director, said the acquisition is part of the company’s plans to expand into East Africa’s largest economy. “We have great plans to deepen our investment in Kenya and Bamburi. It is part of our market expansion plan and will mark the formal entry into the Kenyan market. We plan to invest in other industries in the coming months,” said Edha Nahdi, Amsons managing director. Founded in 2006, Tanzania’s Amsons has interests in cement, real estate, oil and gas, and wheat flour across Malawi, Zambia, Mozambique, Burundi, and the Democratic Republic of Congo. The company has an annual turnover of over $1 billion. In November 2023, Holcim sold its 65% stake in Mbeya Cement Company, a Tanzania subsidiary, to Amsons. The latest bid could signal the Swiss firm’s divesture from the East African market which it holds two investment arms, Kencem Holding Limited and Fincem Holding Limited. The acquisition bid comes four months after Bamburi Cement exited the Ugandan market by selling its stake in Hima Cement to Uganda’s Sarrai Group and Rwimi Holdings.
Read MoreDigital economy bill will unlock EdTech investment, Nigeria’s tech minister says
A proposed bill on National Digital Economy and e-Governance will drive EdTech investment in Nigeria, according to the country’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani. The proposed legislation passed its first reading in the National Assembly on Monday. The bill aims to improve digital literacy and skill development, a key enabler of EdTech adoption. It was sponsored by Adedeji Olajide, Chairman of the House Committee on Digital and Information Technology. The bill’s key provisions include maintaining a National Digital Skills Register, providing an enabling environment for exchanges of digital services, and digital and capacity-building initiatives for young Nigerians. “This bill is far superior to a mere policy,” Tijani said during the Mastercard Foundation EdTech Conference held in Abuja on Tuesday. “Its passage by the National Assembly will empower EdTech startups to design solutions with scalability in mind. I’ll be addressing a conference soon about the digital economy bill for Nigeria.” Half of Nigeria’s population lacks digital skills. The country has set an ambitious goal of attaining 95% digital literacy by 2030, with the support of the country’s tech regulator, the National Information Technology Development Agency (NITDA). If enacted, the Digital Economy Bill will join the list of landmark policies targeted at supporting Nigeria’s tech ecosystem. In October 2022, then-President Muhammadu Buhari signed the Nigeria Startup Act into law. In May 2023, Nigeria approved a National Blockchain Policy. The tech minister strongly believes in creating local laws to improve technological innovation in Nigeria. “Let’s move away from the approach that a startup is building solutions in a few schools, hoping it will scale. It does not scale because we are not engaging at the level that should make it scale.” He tasked ecosystem players to stop building in silos and put hands together to push more laws that can grow the sector.
Read MoreNigerian cloud provider hit with ransomware attack as government agency works to “swiftly resolve incident”
At least one local cloud service provider has been hit by a Phobos ransomware attack as ngCERT works to resolve the incident. Nigeria’s Computer Emergency Response Team (ngCERT) is “working with vulnerable and affected organizations to swiftly resolve incidents and prevent further escalation” after it detected an increase in ransomware attacks on local cloud service providers. According to ngCERT’s statement on Monday, there was a rise in the use of Phobos, a ransomware-as-a-service that hackers use to gain access to a company’s infrastructure and encrypt their information. Once that information is encrypted, the hackers then begin extorting the company. At least one Nigerian cloud provider has been hit with the Phobos ransomware, said one person at a government agency with direct knowledge of the matter, declining to name the company. Hackers took over the company’s infrastructure and encrypted their files, the same person said, declining to provide a timeline for the ransomware attack because he was not authorised to comment. Phobos attackers gain entry into vulnerable networks through phishing emails or using IP scanning tools to identify susceptible Remote Desktop Protocol (RDP) ports. When successful, such attacks lead to system compromise, ransom payment, data loss, financial losses, and fraudulent activity, ngCERT said. For Nigerian cloud providers, the increase in ransomware attacks is bad business. These companies have positioned themselves as cheaper and more reliable alternatives to AWS and Microsoft Azure as more startups consider reducing cloud costs. Some Nigerian cloud providers have also lobbied the government to become their preferred choice for hosting sensitive government data. *This is a developing story TLcom-backed Okra expands into cloud services
Read More“Our vision is now global,” says Nigeria’s Access Holdings as it begins $233 million capital raise
Access Holdings Plc, the parent company of Nigeria’s biggest bank by assets, will raise ₦351 billion ($233 million) from existing shareholders to finance its goal of becoming “the world’s most respected African bank.” Access Holdings will offer 17.7 billion new ordinary shares at ₦19.75 each. On Tuesday, the 35-year-old lender valued at ₦696.69 billion shared its expansion plans in a presentation to shareholders and other stakeholders at the Nigeria Exchange Limited (NGX). “When you are the largest bank in Nigeria and one of the largest banks in Africa, where do you go from here?’ Our vision is now global, very, very global,” Aigboje Aig-Imoukhuede, Access Holdings Plc Chairman said in his presentation on Tuesday. With over 60 million customers and a presence in three continents, Access will expand into new markets including the United States, and set up a trade booking office in Malta. “We are very selective in the markets we invest in. We are chasing the money. It isn’t a return on ego. We are focused on where the money is,” Roosevelt Ogbonna, Access Bank MD/CEO said. What will Access use the money for? Access will invest ₦223.00 billion (65% of the proceeds from the rights issue) to grow its loan book to offer more lending services across corporate and commercial business, retail business, and SME segments. It will also spend ₦68.62 billion (20%) to upgrade and develop its infrastructure upgrades. 15% of the proceeds (₦51.46 billion) will be invested in distribution and product channels, including new branches in Lagos, Port Harcourt, and Abuja over the next 24 months. With the fresh capital, Access hopes to “become the world’s first truly African global brand in the financial sector.” Since its acquisition by Aigboje Aig-Imoukhuede and his late partner Herbert Wigwe in 2002, Access has grown aggressively through a strategy focused on local and foreign acquisitions to build a presence in 18 countries. In 2021, it merged with Intercontinental Bank, and seven years later completed a merger with Diamond Bank. In 2023, it acquired majority shares in Standard Chartered Bank’s subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone. In June 2024, Access acquired African Banking Corporation of Tanzania (ABCT) Limited. “There is no Nigerian bank that was our size in 2002 that is still alive today. Some of the banks that analysts now compare us with, you couldn’t mention Access beside those banks in 2002. It’d have been an insult to those institutions,” Ogbonna said.
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👨🏿🚀TechCabal Daily – Okra blends into the cloud
In partnership with Share this newsletter: Lire en Français اقرأ هذا باللغة العربية Good morning Here’s another reminder to move TC Daily to your Primary/Main folder so you don’t miss any of our coverage. In today’s edition Kenya is now a credit-risky nation for investors Nigerian lawmakers want to fight inflation with gold UNDP to raise $1 billion dollars to build tech hubs in Africa Okra moves into the cloud The World Wide Web3 Job openings Economy Kenya is now a credit-risky nation for investors Moody’s, a leading credit rating agency, has downgraded Kenya’s sovereign rating to be substantially “credit risky”, citing the government’s decision to withdraw a controversial tax bill that would have raised much-needed revenue. The downgrade from B1 to Caa1 reflects Kenya’s diminished capacity to manage its increasing debt and fund critical development programs. What happened? The scrapped 2024 Finance Bill contained measures to raise an additional $2.5 billion in consumer taxes, but widespread protests forced President William Ruto to backtrack on the proposed tax hikes. Moody’s warned that the government’s shift away from revenue-based fiscal consolidation and reliance on expenditure cuts will slow the pace of deficit reduction, leading to weaker debt affordability for the East African nation. This credit rating downgrade comes as Kenya struggles to meet its tax collection targets, missing the mark by $2 billion in the last fiscal year. Kenn Abuya reported for TechCabal that, “High operational costs including energy prices and the weakening of the Kenyan shilling against the dollar were some of the factors behind the economic slowdown.” The country’s fiscal woes are exacerbated by the government’s inability to implement unpopular but necessary revenue-raising measures.The Kenyan government’s decision to prioritise political stability over fiscal prudence in the face of public backlash shows the delicate balance that leaders must strike between appeasing citizens and ensuring the long-term financial health of their countries. The way ahead for Kenya: Speaking after his 3-hour X (Twitter) space last Friday, Kenya’s President, William Ruto says its administration will aim to listen to Kenyans more and lead with more empathy. As the East African economic powerhouse navigates this turbulent period, it will need to find innovative ways to boost revenue and restore investor confidence without further burdening its citizens. Process payments smoothly with Moniepoint And we’ll have processed almost 5,000 more by the time you’re done reading this. Your business payments can be one of them. Click here to sign up. Economy Nigerian lawmakers want to fight inflation with gold Zimbabwe achieved an important feat this year. After 15 years of purse-biting inflation and 5 different currencies, it now has a currency, the gold-backed ZiG, that has held its value since it was released in April. Some critics say the new currency is stable because it’s backed by a fiat resource, but others, say the ZiG is only stable because it, like Davido, is unavailable. Regardless, the currency is stable and shiny. Nigerian lawmakers are now looking to do something with gold too. The lawmakers are pushing a bill that would give the central bank more muscle to buy up gold and stash it as reserves. Gold presently accounts for 4% of Nigeria’s reserves, and the bill, if passed, would push this number up to 30% by making the central bank the exclusive buyer of all domestically produced gold. Right now, Nigeria’s gold mining scene is a bit wild, dominated by informal operations. The bill aims to bring this industry into the fold, potentially boosting its contribution to the national coffers. A crude telling: Nigeria has been battling crippling inflation since fuel subsidies were removed last year. Food inflation surged to 40.66% in May, while headline inflation is at 33.95%. Nigeria’s dependence on oil and gas for foreign exchange is a double-edged sword. Vandalism and dwindling investment have choked production, pushing the government towards economic diversification. With mining, a sector boasting a 6.3% growth rate, analysts predict gold is a potential game-changer. This proposal faces an uncertain future as President Tinubu, who’s keen on revamping Nigeria’s mining sector, has plans to revamp the country’s mining sector, but with a focus on lithium as opposed to gold. Issue USD and Euro accounts with Fincra Create and manage USD & Euro accounts from anywhere. Fincra allows you to issue accounts to your users, partners & customers to collect payments without the stress of setting up and operating a local account. Get started today. Funding UNDP to raise $1 billion dollars to build African tech hubs Tech hubs in Lagos, Nairobi, and Cape Town have flourished through collaborative efforts. These hubs have significantly contributed to Africa’s “Silicon Valley” dream. Kenya’s iHub, for example, has contributed to over 450+ startups that raised $40 million in funding. It’s a modern hunter-gatherer system: With tech hubs that were absent over two decades ago now proliferating in Africa, it’s just a different kind of hunter-gatherer system. Mentors coach, and builders collaborate to build solutions addressing Africa’s pressing issues—all to survive. Now, they’re getting more support. The United Nations Development Programme (UNDP), in collaboration with African governments and the private sector, plans to raise $1 billion to open a string of tech hubs (called Project “Timbuktoo”) across major nascent cities in Africa, starting with an innovation centre in Lagos, Nigeria this year. The initiative will also build a healthtech hub in Kigali, Rwanda, an agritech hub in Accra, Ghana, and a minetech hub in Lusaka, Zambia that will support more than 10,000 youth-led founders. Catching them young: University Innovation Pods (UniPods), another UNDP project, commenced in universities like Malawi and Kenya to provide young tech entrepreneurs with infrastructure to build businesses that not only survive the future of tech but also thrive. Perhaps, Africa’s “Silicon Valley” dream isn’t dead yet. Paystack Virtual Terminal is now live in more countries Paystack Virtual Terminalhelps businesses accept secure, in-person payments with real-time WhatsApp confirmations and ZERO hardware costs. Enjoy multiple in-person payment channels, easy end-of-day reconciliation, and more. Learn more on the Paystack blog → Startups
Read MoreEdTech funding decline takes centerstage at Mastercard Foundation conference
A paltry 1.4% – that’s the amount EdTech startups managed to secure of the continent’s 2023 Venture Capital (VC) funding. This sharp drop from a funding peak in 2021 has left founders with a harsh reality: smaller deal sizes and a dearth of exits. This issue became a central focus at a panel discussion during the Mastercard Foundation’s EdTech Conference in Abuja. The funding gap follows a broader trend in the venture capital world. Investors burned by inflated valuations in the past are writing fewer checks, and mega-deals in the EdTech space are no longer getting done. Data from Disrupt Africa confirms this shift—not a single EdTech company has secured a $100 million or more venture round in 2023, a contrast to such deals witnessed on the continent in 2021 . “Securing exits for EdTech startups is practically non-existent,” said Isaac Nyolongo, Co-Founder and CEO of Zeraki, a Kenyan EdTech startup. “If you raise money from angels networks, it will be at a lower valuation, and lower than what people get in more mature sectors.” Despite boasting of over 200 startups, Africa’s EdTech sector is still nascent. Funding, a key driver of growth, remains a significant roadblock. Deal sizes are typically small, and only one exit has been recorded—the acquisition of Egyptian edtech Orcas by Baim, a middle-eastern EdTech startup for an undisclosed amount. With VC funding drying up, EdTech startups now rely on grants. Challenges limiting EdTech funding in Africa can be linked to the lack of infrastructure. Others include low internet speeds, high cost of data and low smartphone penetration, according to this 2023 UNESCO report. “Broadband, mobile penetration and power are the major challenges to increasing Edtech funding,” said Tochukwu Ezeukwu, Regional Director, African Venture Philanthropy Alliance (AVPA) . “In Nigeria, the universal access to power is 53%, compared to Ghana’s 72%, illustrating the stark competitive disadvantage some countries face.” Another challenge is low deal sizes compared to their FinTech peers, who often attract more investments, Ezeukwu said. All panellists agreed that EdTech requires “patient capital” and investors must be willing to prioritise long-term impact over immediate returns. The Mastercard Foundation is tackling the funding problem by providing access to equity free funding for growth stage startups, primarily in Africa. Through equity free funding, 144 EdTech startups have been supported to date as part of the solution to raising venture capital. “Sustainable business models are crucial,” said Ruth Wairimu, an Investment Manager at Acumen Fund, an impact investor. “B2B models offer superior scalability compared to B2C, especially considering limited disposable income across much of Africa.” The consensus is that it’s still early days for Africa’s EdTech sector. “Foundations, family offices, and grants will likely play a vital role in bridging the funding gap,” concluded Wairimu. While EdTech holds immense potential to transform education in Africa, a significant uptick in funding is necessary to unlock its full potential.
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Correction of JAMB CAPS O’Level errors in upload 2024
Uploading your O’Level results to JAMB CAPS is an important step in the Nigerian tertiary institution admission process. However, mistakes can happen, leading to errors like incorrect grades or exam types being uploaded. This guide outlines the necessary actions to rectify such errors during JAMB CAPS O’Level correction in 2024. Identifying errors in your JAMB CAPS O’Level uploads Before initiating the correction process, you need to confirm the existence of errors. Here’s how: Access JAMB eFacility portal: Visit the JAMB eFacility portal at https://efacility.jamb.gov.ng/login and log in using your JAMB Registration Number and password. Navigate to “Check Admission Status” section: Locate the “Check Admission Status” section on the dashboard. Access JAMB CAPS: Click on “Access my CAPS” to be redirected to the JAMB CAPS portal. Review O’Level details: Carefully examine the uploaded O’Level subjects and grades displayed in your admission profile. Look for discrepancies between your actual results and what’s reflected in JAMB CAPS. Common errors include: Incorrect grades: The uploaded grades might not match your original O’Level results. Wrong exam type: The exam body might be incorrectly listed (e.g., “NECK” instead of “WAEC”). Missing subjects: Some subjects you passed might be missing from the uploaded results. Steps for JAMB CAPS OLevel correction Once you’ve identified errors, it’s time to initiate the correction process: Visit a JAMB CBT Centre: As of 2024, correcting O’Level upload errors in JAMB CAPS cannot be done through the eFacility Portal. You must visit an accredited JAMB CBT centre. Needed documents: Carry the following documents to the JAMB CBT centre: Your original O’Level result slip. A printed copy of your JAMB registration slip. Any proof (e.g., email confirmation) you may have received regarding the initial upload error (if available). Inform staff and submit documents: Clearly explain the JAMB CAPS O’Level correction you require to the JAMB CBT centre staff. Submit your original documents for verification. Pay correction fee: There might be a processing fee associated with correcting your O’Level upload. Inquire about the fee at the JAMB CBT centre and make the necessary payment. Staff assistance: The JAMB CBT centre staff will assist you in initiating the correction process electronically.They may require you to provide a written request for the correction. Final thoughts on correcting CAPS O’Level errors in upload 2024 JAMB might have a specific timeframe for requesting JAMB CAPS O’Level correction. Ensure you address the errors within the designated period. Also, while JAMB CBT centres typically handle corrections efficiently, processing times can vary. Be patient and follow up with the centre if there are delays. Ultimately, keep copies of all documents submitted for the correction process for your records.
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