News

2027: LP rules out alliances with ADC, PDP and others

The Labor Party in Lagos State on Friday ruled out any alliance with the African Democratic Congress (ADC), Peoples Democratic Party (PDP) and political parties ahead of the 2027 general elections. The party also reaffirmed its strength, unity and commitment to providing credible leadership to the Nigerian people, despite recent defections and internal leadership disputes. Speaking to journalists at a …

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2027: Rotimi Amaechi joins the ADC presidential race and gets the form

Former Transport Minister Rotimi Amaechi has officially entered the race for the 2027 presidency after obtaining the expression of interest and nomination form from the African Democratic Congress. The nomination form, which reportedly costs ₦90 million, was collected at the party’s national secretariat in Abuja on Friday. A delegation led by former Edo State governor John Odigie-Oyegun and including Senator …

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Accord Party and APC clash over vandalism of campaign billboards in Osun

The Campaign Council of the Accord Party and the All Progressives Congress (APC) in Osun on Friday exchanged words over the vandalism of campaign billboards ahead of the August 15 gubernatorial election in the state. The Accord Party Campaign Council accused the APC of masterminding the destruction of its campaign billboards. However, the APC denied the allegations. Accord Party Campaign …

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NGX: Neimeth, Cadbury among top entities as investors gain N3.1tr

Investors in the Nigerian equity market earned N3.1 trillion at the close of trading on Friday. This follows a surge in the prices of shares such as Neimeth, Cadbury and Living Trust, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 244,670.65 points from 239,734.61 points the previous day. After five hours of trading …

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16 APC governors approve vote of confidence in Uzodimma amid…

No fewer than sixteen governors of the All Progressives Congress have reaffirmed their support for Imo State Governor Hope Uzodimma as the Chairman of the Progressive Governors Forum, quashing reports of a change in leadership. The governors met behind closed doors at the Imo State Governors Lodge in Abuja on Friday and passed a vote of confidence in Uzodimma and …

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The naira lost N5.54 against the dollar at the official window

Nigeria’s currency, the naira, slumped again against the United States dollar at the official window on Friday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,361.39/$1, compared with N1,355.85/$1 on Thursday. This represents a loss of N5.54 for the local currency against the dollar. On the black market, the naira lost N2 against …

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FirstHoldCo increases gross profits to N3.4 trillion

FirstHoldCo Plc says its gross profits increased 6.9% to 3.4 trillion naira for the year ended December 31, 2025. The figure, when compared to $3.2 trillion in 2024, was driven by strong core banking operations and a diversified revenue base. The group, in a statement on Friday, made this known as contained in its audited financial results for the year …

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The ADC blamed the court for the indefinite postponement of the leadership crisis lawsuit

The African Democratic Congress (ADC) has described the Federal High Court’s indefinite stay on its leadership dispute lawsuit as a contradiction to the Supreme Court’s directive. The party said the court’s action underscored its fears of judicial manipulation and political interference in the leadership case involving Nafiu Bala-Gombe. The party also questioned the move by the plaintiff’s lawyer who requested …

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‘Speculative’ – Jonathan files a lawsuit to disqualify himself from the 2027 election

Former President Goodluck Jonathan on Friday challenged a lawsuit seeking to bar him from contesting the 2027 presidential election. A lawyer, Johnmary Jideobi, has approached the Federal High Court, Abuja, to stop Jonathan from running for the country’s presidency in 2027 after taking the oath of office twice in the past. Jonathan, in the initial objection filed by his lawyer, …

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