Author: Press Room

With the unending crisis rocking the Peoples Democratic Party (PDP) and the absence of cohesion among other opposition parties, Ekiti electorate may be left with limited choices in the 2026 governorship election. The development is gradually tilting the state towards the reality of a one-party system, AYODELE AFOLABI reports. Ahead of the July 20, 2026, governorship election in Ekiti State, voters in the Land of Honour and Integrity may have little or no alternative beyond the ruling All Progressives Congress (APC) and its candidate, as opposition political parties continue to flounder. Since 1999, gubernatorial elections in Ekiti have always been fiercely…

The joint liquidators of defunct hedge fund Three Arrows Capital (3AC) have officially moved to subpoena former FTX CEO Sam Bankman-Fried, ex-Alameda CEO Caroline Ellison, and former FTX executive Ryne Miller Salame, over allegations involving over $1.5 billion in illegal asset liquidations. Key Takeaways: 3AC’s liquidators have subpoenaed SBF, Ellison, and Salame over alleged $1.5B in illegal liquidations. SBF’s deposition is set for October 14, 2025, at Terminal Island federal prison. Zhu Su claims Salame used insider info to profit $1B, intensifying scrutiny on FTX-linked executives. A legal notice filed in the US Bankruptcy Court for the District of Delaware…

Lara Adejoro A 2025 UNICEF Child Nutrition Report has warned of a global nutrition crisis, revealing that more children and adolescents are now obese than underweight for the first time in history. According to the report on Tuesday, 391 million children and adolescents (one in five) worldwide are overweight, with a staggering 42 per cent living with obesity, the most severe form of overweight. Since 2000, the number of overweight school-age children has more than doubled – rising from 194 million to 391 million. Meanwhile, the surge is not limited to wealthier nations. Low- and middle-income countries now account for…

Ahead of the Ekiti governorship poll next year, Governor Biodun Oyebanji of Ekiti State has distanced himself from the opposition African Democratic Congress (ADC). Speaking to reporters after he submitted his expression of interest and nomination forms at the national secretariat of the All Progressives Congress (APC) yesterday in Abuja, he also expressed optimism that he would break the second-term jinx during the governorship poll. The governor remarked that those linking him and his predecessor, Dr Kayode Fayemi, to the ADC were doing that not only out of mischief but to score political goals. Oyebanji, who was escorted to the…

• Young lawyers tasked to embrace Public Interest Litigation to fight corruption in govt A Rivers State High Court sitting in Port Harcourt has adjourned the hearing of a suit filed by a former All Progressives Congress (APC) candidate in the 2015 House of Assembly election in Port Harcourt Constituency 3, Chima Nnokam, and four others, till October 15, 2025. Nnokam, in the suit, is urging the court to declare the August 30 local council election as unconstitutional. The claimants in their originating summons against the Rivers State Independent Electoral Commission (RSIEC), Attorney General of Rivers State and two financial…

• Free-for-all campaign frenzy risks overheating Nigeria’s polity, Jega warns• Electoral Act amendment urged to criminalise premature electioneering• INEC admits it lacks powers to punish violators The Independent National Electoral Commission (INEC) has officially recognised the new National Working Committee (NWC) of the African Democratic Congress (ADC), with former Senate president David Mark as national chairman. According to an update published on INEC’s website, former Osun State governor Rauf Aregbesola was also recognised as national secretary of the party. Other principal officers acknowledged by the commission include Dr Ibrahim Mani as national treasurer, Akibu Dalhatu as national financial secretary, and…

An Ebonyi indigene, Emmanuel Obasi, has been rewarded with N2 million for trekking from Ilorin, Kwara, to Abakaliki to appreciate the good works of a federal lawmaker, Dr Nkemkanmma Kama. The News Agency of Nigeria (NAN) reports the trekking venture seems to be thriving in Ebonyi as another indigene, Jeremiah Obaji had received N10 million from Gov. Francis Nwifuru on Sept. 7 for trekking from Lagos to Abakaliki. Obaji had said that he trekked for 17 days to appreciate the governor for restoring peace in his community, Alaoma in Ohaukwu LGA of the state which was plagued by communal conflict.…

Bitcoin is trading at $113,884, with daily volumes exceeding $56.3 billion, representing a 2.25% increase over the last 24 hours. The move comes amid a softer macroeconomic backdrop following the unexpected decline in U.S. producer prices in August. The core Producer Price Index (PPI), which excludes food and energy, dropped 0.1% month-over-month—far below forecasts of a 0.3% rise. Annual core inflation eased to 2.8% from July’s revised 3.4%. For Bitcoin, the weaker wholesale inflation data is fueling hopes of a more accommodative Federal Reserve, while traders keep one eye on the charts for confirmation of a breakout.PPI Surprise and Market…

•Commends state’s agricultural potential, commits to investment The National Leader of the New Nigeria People’s Party (NNPP) and its 2023 presidential candidate, Rabiu Kwankwaso, on Tuesday, met with party stakeholders in Cross River State to map out strategies ahead of the 2027 general elections. Speaking in Calabar, Kwankwaso urged party members to prioritise unity and strengthen the party’s presence across the state. He said: “I thank all the leaders and members of NNPP in Cross River State. I want to use this opportunity to thank you for receiving us. We are so happy with the leadership of the party in…

Agency  The National Inland Waterways Authority, says plans are ongoing to recruit and deploy about 800 water marshals across the country by December. The recruitment, according to the Managing Director of NIWA, Mr Bola Oyebamiji, is part of efforts to strengthen safety and regulation on Nigeria’s waterways. Oyebamiji, while addressing newsmen on Wednesday in Abuja, said the move was aimed at curbing incessant boat mishaps, enforcing life jacket compliance, and monitoring unauthorised loading points. According to him, part of the responsibilities of the water marshals is to sensitise passengers and operators on safe navigation practices. “The Federal Government is doing…