A move by one of the two remaining Peoples Democratic Party (PDP) governors to foray into the All Progressives Congress (APC) has met with resistance. The APC caucus in Bauchi State has vehemently rejected the move by the state governor, Bala Mohammed to join the party. The caucus stated its position in a conference on Tuesday evening following a meeting …
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Top 10 stories from all Nigerian Newspapers, Wednesday, April 8
Here are the top ten stories from across the country 1. ADC faction announces plans for national convention; disowned Mark, Aregbesola and others The leadership crisis plaguing the African Democratic Congress (ADC) appears to have taken another turn, as a faction in the party led by former presidential candidate, Dumebi Kachikwu, has announced plans to hold a national convention and …
Read More »More problems for the ADC when a third faction emerges, appointing a new chairman
Troubles plaguing the African Democratic Party (ADC) escalated on Tuesday when another faction emerged claiming responsibility for the party’s leadership. The group of 25 state chairmen said they had taken over the party amid non-recognition of David Mark’s leadership by the Independent National Electoral Commission (INEC). The chairmen stated that they constituted the National Executive Committee (NEC) of the ADC, …
Read More »The PDP faction thwarted INEC to open the ground for alleged cash gifts from Wike
A faction in the Peoples Democratic Party (PDP) has challenged the Independent National Electoral Commission (INEC) to come clean on gifts of land and cash said to have been given to senior members of the commission by the Minister of the Federal Capital Territory, Nyesom Wike. The party in a statement issued Tuesday by Ini Ememobong, its National Publicity Secretary, …
Read More »NGX: investors gain N208 billion as equity markets rebound
Investors in the Nigerian equity market earned N208 billion at the close of trading on Tuesday. Stocks return from Easter holidays in a bullish mood. This follows a surge in the prices of shares such as Trans-Exp, Omatek and Cadbury, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 202,023.1 points from 201,698.89 points …
Read More »ADC faction announces plans for national convention; disowned Mark, Aregbesola and others
The leadership crisis plaguing the African Democratic Congress (ADC) appears to have taken another turn, as a faction within the party led by former presidential candidate, Dumebi Kachikwu, has announced plans to hold a national convention and establish an interim leadership to manage the party’s affairs. This was revealed by the faction’s spokesperson, Norman Obinna, on Tuesday, during a media …
Read More »Top 10 stories from all Nigerian Newspapers, Tuesday, April 7
Here are the top ten stories from across the country 1. The ADC faction warned that INEC’s actions could prevent the party from fielding candidates A faction in the African Democratic Congress (ADC) has raised fresh concerns over the direction of the Independent National Electoral Commission (INEC), warning that the decision could effectively rule the party out of the upcoming …
Read More »The ADC faction warned that INEC’s move could prevent the party from fielding candidates
A faction in the African Democratic Congress (ADC) has raised fresh concerns over the direction of the Independent National Electoral Commission (INEC), warning that the decision could effectively rule the party out of the upcoming elections. Speaking on Monday, the National Publicity Secretary of the faction, Bolaji Abdullahi, said the situation stemmed from INEC’s refusal to accept official correspondence from …
Read More »Multiverse, UPDC REIT, Intenegins and others lead the stocks to watch this week
Investors in the Nigerian capital market earned N837 billion at the close of trading last week. This follows growth in equity market capitalization to N129.8 trillion from N128.9 trillion in the previous week. The All-Share Index (ASI) also appreciated by 0.39% to close the week at 201,698.89 points, up from 200,913.06 points recorded in the previous week. The market performance …
Read More »Top 10 stories from all Nigerian Newspapers, Monday, April 6
Here are the top ten stories from across the country 1. ADC appoints foreign envoys to expose alleged undemocratic actions by the Nigerian government The African Democratic Congress (ADC) says it has appointed envoys in 12 foreign cities to draw attention to Nigeria’s democracy and the government’s actions.Read more 2. Atiku engages US lobbyist in $1.2m image-boosting campaign – Report …
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