Author: Ogooluwa Aremu

ADC Slashes Nomination Fees, Releases Revised 2026 Primaries Timetable African Democratic Congress (ADC) has reduced its presidential nomination form fee to N90 million and released an updated schedule for its 2026 primary elections. The party had earlier fixed the presidential nomination form at N100 million. The party’s National Publicity Secretary, Mallam Bolaji Abdullahi, in a statement on Tuesday in Abuja, said the review followed extensive consultations with party leaders, aspirants, and stakeholders across the country. Under the revised structure, presidential form now goes for N90 million, governorship, N30 million; Senate, N10 million; House of Representatives, N5 million, and State Assembly,…

The EU Pushes Hard for a Tokenised Euro in 2026 Europe has decided it cannot afford to wait any longer. While American dollar-backed stablecoins spread rapidly across the globe, the European Union is pushing hard to turn its own currency into a digital token, and the window to act is getting smaller by the day. The European Central Bank is now at the centre of one of the most ambitious financial projects in the continent’s history. Its goal is straightforward but enormously complex to deliver: create a digital version of the euro that works on modern blockchain-based technology, can settle…

The US Crypto Clarity Act Reaches Its Most Critical Moment America’s most important cryptocurrency bill is at a crossroads. The Digital Asset Market Clarity Act, known simply as the Clarity Act, has spent months stuck in the US Senate. Now, the people fighting hardest for it say the next two weeks could decide everything. The bill is designed to end years of confusion over how digital currencies like Bitcoin and Ethereum should be regulated. Right now, two government agencies, the Securities and Exchange Commission and the Commodity Futures Trading Commission, both claim authority over crypto, leaving businesses and investors in…

Ripple (XRP) taps Bitcoin’s gaining streak, as the token price climbed about 2% to $1.42, though it’s still underperforming the broader market rally.

Airbus, FG Sign Agreement to Drive Nigerian Aerospace Growth The Airbus, a leading aircraft manufacturing company, has signed a Memorandum of Understanding (MoU) with the Federal Republic of Nigeria in Toulouse, France. Mr Gabriel Semelas, President of Airbus in Africa and Middle East, disclosed this while signing the MoU with Mr Festus Keyamu, Nigeria’s Minister of Aviation and Aerospace. Semelas, in a statement by Airbus which was made available to the News men in Abuja, said the agreement was to strengthen Nigeria’s aviation ecosystem. According to him, the duo will support development of aviation infrastructures and human capital initiatives in…

NPA Says 36 Vessels to Arrive Lagos Ports The Nigerian Ports Authority (NPA) has said that 36 ships carrying petroleum products, food items, and other goods are expected at Apapa, Lekki Deep Sea Port, and Tin Can Island Port in Lagos on Tuesday. The NPA disclosed this in its “Daily Shipping Position”, adding that the vessels are expected between May 5 and April May 10. It said that 15 of the expected ships contain containers of different goods, while 21 ships are berthed with fresh fish, general cargoes, aviation fuel, bulk wheat, base oil, diesel, gasoline, petrol, and crude oil.…

Crude oil prices edged higher during trading hours on Tuesday as rising US-Iran tensions in the Strait of Hormuz fueled market uncertainty.

Equity Investors Gain N63 bn in Nigerian Stock Market The Nigerian Exchange (NGX) market capitalisation rose by about N63 billion on Monday, boosted by huge bets on stocks with upside potential. The local bourse sustained its strong bullish momentum with the NGX All-Share Index advancing 0.36% to settle at 243,158.97 points. The sustained buying momentum lifted NGX’s year-to-date return to +56.26% and added ₦567.35 billion to market capitalisation, which closed at ₦156.06 trillion on Monday. Market breadth was broadly positive at 1.3x, as 44 gainers led by CONHALLPLC, FTNCOCOA, NAHCO, CAP, and AIICO outpaced 34 losers, with INTENEGINS, UPDC, LEARNAFRICA,…

LP Releases 2027 Primaries Timetable, Fixes Nomination Fees The Labour Party (LP) has released its timetable and schedule of activities for the conduct of its 2026 primary elections, with concessions for women, people living with disabilities and youths. The National Publicity Secretary of the party, Ken Asogwa, who disclosed this in a statement on Monday in Abuja, added that the timetable was released in accordance with the 1999 Constitution. He also said it was released in compliance with the Electoral Act, 2026 and the Independent National Electoral Commission’s (INEC) revised timetable and schedule of activities for the conduct of the…

PDP BoT Calls Emergency NEC Meeting Amid Leadership Dispute The Peoples Democratic Party (PDP) Board of Trustees, led by Sen. Adolphus Wabara, has summoned an emergency National Executive Committee meeting for Monday. Wabara spoke on Sunday in Abuja during the 84th meeting of his faction of the board. He said the decision became necessary to prevent a leadership vacuum following recent developments within the party. According to him, the board acted under provisions of the party constitution, as amended in 2017. Wabara said the board secured the required two-thirds support of NEC members before convening the meeting. He added that…