latest
I’m Not Joining Forces With Any Party Or Candidate, says Kwankwaso .
....KINDLY READ THE FULL STORY HERE▶
“So, these are people who are failed politicians who have nothing to tell Nigerians other than to spread unnecessary rumour of a merger.
“Merger is already gone. We have our candidates. In all the parties, everybody is campaigning. So, disregard that nonsense.”
During a press conference in Lagos, Christopher Imumolen, the National Chairman and factional presidential candidate of the Accord Party, announced his withdrawal from the 2027 presidential race to endorse President Bola Tinubu’s re-election bid.....KINDLY READ THE FULL STORY HERE▶
During a press conference in Lagos on Friday, Imumolen explained that the choice followed thorough consultations within the party, emphasizing that national interest must outweigh personal political ambitions. He noted that despite ongoing economic challenges like inflation and security, the administration’s long-term reforms and people-oriented programs make a Tinubu victory inevitable in 2027, warning that a change in leadership would reset developmental progress.
Outlining a 10-point rationale for the endorsement, Imumolen pointed to Tinubu’s courage in driving tough economic reforms, commitment to youth empowerment by appointing young Nigerians to strategic positions, and alignment with the Accord Party’s manifesto. He further asserted that no current opposition candidate holds a stronger prospect of victory and dismissed claims that the endorsement stems from weak party structures, maintaining that the decision is entirely focused on ensuring political stability and national development.
The Presidency has rejected calls for the sacking of EFCC Chairman Ola Olukoyede following the anti-graft agency’s decision to freeze the Osun State Government’s accounts days before the August 15 gubernatorial election.....KINDLY READ THE FULL STORY HERE▶
The EFCC had placed a “Post No Bill” order on the accounts on Wednesday, citing suspicious transactions and an ongoing investigation since March 2026, asserting its legal right to freeze accounts for 72 hours based on reasonable suspicion. However, President Bola Tinubu intervened on Thursday, directing the commission to unfreeze the accounts and labeling their action embarrassing due to its timing and political optics.
Following this intervention, opposition figures intensified pressure on Olukoyede to resign. Major Agbo, National Chairman of the NNPP, criticized Tinubu’s directive as undermining the EFCC’s independence by creating the appearance that the commission takes orders from the President, while Yunusa Tanko of the Obidient Movement suggested Olukoyede should step down to protect his personal integrity.
Conversely, sources within the Presidency indicated that while President Tinubu was frustrated with the timing of the move, it does not signal the end of Olukoyede’s tenure, with one official noting that a disagreement with the President is not grounds for dismissal.
In a related development, court documents obtained by SaharaReporters revealed that the EFCC had secured a formal order from the Federal High Court in Abuja on Tuesday, August 5, 2026, to freeze three Osun State Government accounts over allegations of public fund diversion and money laundering. This order authorizes the agency to restrict transactions pending the conclusion of its investigation and potential prosecution.
Market sources indicate that parallel market (black market) operators in Lagos traded the dollar at a selling rate of ₦1430 and a buying rate of ₦1415 on Friday, August 7, 2026.....KINDLY READ THE FULL STORY HERE▶
Meanwhile, official rates via the Central Bank of Nigeria (CBN) recorded a high of ₦1367 and a low of ₦1363. Please note that the CBN does not officially recognize parallel market transactions and advises individuals to conduct foreign exchange dealings through authorized banking channels. Actual transaction rates may also vary depending on specific market conditions and locations.
-
latest12 months ago“Social Media Erupts As Jim Iyke Declares Rita Dominic Nollywood’s Most Beautiful”
-
latest2 years agoEdo Political Showdown: Oshiomhole Appears At Presidential Villa As Tinubu Hands APC Gubernatorial Flag To Okpebholo (Photos & Video)
-
entertainment2 years agoLove Knows No Age American Woman Defends Marriage To Young Nigerian Man “I’m Not 70”
-
latest2 years agoOlumide Akpata Strikes Again: Drops Killer Track, Sends Edo State Into Frenzy!(Video)
-
Politics3 years agoNigerians React As Pastor Adeboye Foresees Passing Away On A Sunday After Enjoying A Satisfying Meal Of Pounded Yam
-
latest2 years agoFG Identifies 31 States At Risk Of Heavy Flooding In 2024: See Full List
-
Politics3 years agoBREAKING: Inspector-General Of Police Summons Top Police Commanders For Crucial-Security Challenges
-
latest2 years ago5 NYSC Corpers Perish In Fatal Road Accident Returning From Camp