Author: Ogochukwu Ndubuisi

Labour Party has fixed its national convention for April 28 in Umuahia, Abia. The party also officially released the list of chairmen and members of its electoral sub-committees for the forthcoming congresses in all the states of the federation.

UN Opens Public Hearings as Race to Succeed Guterres Intensifies Former Senegalese President, Macky Sall, and three others will present visions in public UN hearings, offering a rare live-streamed glimpse into the race to succeed Antonio Guterres. The other nominees are former Chilean President Michelle Bachelet, Argentinian diplomat, Rafael Grossi, and Costa Rican economist and former vice-president, Rebeca Grynspan. The UN has never had a woman secretary-general in nearly 80 years, a gap the General Assembly noted last September, urging stronger consideration of female candidates. The next UN chief takes office on Jan. 1, 2027, amid financial strain, unpaid member…

ADC Denies Talks with PRP, Affirms Commitment to Legal Battle African Democratic Congress (ADC) has dismissed reports claiming it was in talks with Peoples Redemption Party (PRP) ahead of a pending court judgment. The party’s National Publicity Secretary, Mallam Bolaji Abdullahi, in a statement issued on Monday in Abuja, described the claims as false. Abdullahi stated that the coalition leadership was not engaged in any form of discussion or negotiation with any political party at the moment. He emphasised that the party remained focused on challenging what it described as illegal actions taken against its leadership by Independent National Electoral…

PDP: There’s Still Room for Defectors to Come Back – Wike Minister of Federal Capital Territory (FCT), Nyesom Wike, says there is still room for those who left Peoples Democratic Party (PDP) to return to the party. Wike, the PDP national leader, stated this on Monday during the party’s 108th National Executive Committee (NEC) meeting held at Wadata Plaza, the party’s National Secretariat in Abuja. He advised the Abdulrahman Mohammed-led National Working Committee (NWC) of the party to continue its reconciliation efforts to strengthen the party. “Now we are together, we must not stop at reconciliation. The more, the merrier.…

NCC, CBN Sign Pact to Boost Consumer Protection, Curb Fraud The Nigerian Communications Commission (NCC) and Central Bank of Nigeria (CBN) have signed a Memorandum of Understanding to strengthen consumer protection. NCC spokesperson, Nnenna Ukoha, disclosed this in a statement on Monday in Abuja.She said the agreement would also combat fraud across telecommunications and financial sectors. Ukoha said the MoU was formalised alongside the inauguration of joint committees on payment systems, consumer protection, and the Telecoms Identity Risk Management System portal. NCC Executive Vice Chairman, Aminu Maida, said the pact provided a framework for collaboration on payment integrity, fraud mitigation,…

The Badagry Chamber of Commerce, Industry, Mines and Agriculture (BACCIMA), on Monday said it is partnering the Nigeria Customs Service (NCS) to promote seamless trade and support legitimate business.

Money Market Rates Diverge as Liquidity Surplus Eases Money market rates diverged with N3.8 trillion in excess liquidity ahead of fresh inflows in the new week. Due to strong financial system liquidity conditions, interbank rates were mostly mixed, and the market anticipates about N1.6 trillion in inflows from expired OMO, Treasury bills, and bond coupons in the new week. Analysts said the market will remain flooded ahead of the midweek auction, during which the Central Bank of Nigeria (CBN) is scheduled to auction N750 billion in Treasury bills across standard tenors. The money market opened on a strong footing last…

Tinubu Must Complete 8 yrs of Southern Tenure- Arewa Group The Arewa Youth Assembly (AYA) has declared that President Bola Ahmed Tinubu must be allowed to complete an eight-year tenure for the Southern region, warning Northern politicians against contesting the 2027 presidential election. The group said its position was in the interest of national unity, cohesion and continuity of governance, insisting that the existing zoning arrangement must be respected. In a statement on Sunday in Kaduna by its Speaker, Mohammed Salihu Danlami, the assembly urged northern political actors to refrain from presenting themselves as candidates in 2027. AYA recalled that…

BoI, RMRDC Partner to Address Agric Value Chain Challenges The Bank of Industry (BoI) and the Raw Materials Research and Development Council (RMRDC) have partnered to strengthen Nigeria’s agricultural value chain and boost the country’s Gross Domestic Product. The Managing Director, BoI, Dr Olasupo Olusi,on Sunday said the partnership was formalised through the signing of a Memorandum of Understanding (MoU) in Lagos. Olusi said the collaboration aimed to enhance value addition across key agricultural commodities and raw materials. He added that the partnership would address challenges in value chain development, including post-harvest losses, storage, processing, packaging, logistics and market access.…

Binance Coin (BNB) price declined 2% to $629.79 on Saturday as investors reacted negatively to renewed geopolitical tensions after Iran again locked down the Strait of Hormuz, suggesting the earlier ceasefire deal with the US had failed.