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Rejected! Kingsley Moghalu Fires Back, Denies Any Ties To Atiku’s ADC Campaign Council!
Former Deputy Governor of the Central Bank of Nigeria (CBN), Professor Kingsley Moghalu, has publicly rejected his inclusion in the African Democratic Congress (ADC) presidential campaign council as a member of Atiku Abubakar’s policy team for the 2027 election.....KINDLY READ THE FULL STORY HERE▶
The controversy arose following the release of Atiku’s campaign council list via a statement signed by his aide, Phrank Shaibu. The announcement named Kashim Ibrahim-Imam as chairman, former Kaduna State Governor Nasir El-Rufai as deputy chairman, and Senator Austin Akobundu as director-general, alongside a policy team headed by Mohammed Hayatudeen and featuring individuals such as Professor Mohammed Sagagi and Professor Kingsley Moghalu.
Moghalu’s Reaction and Clarification Expressing surprise at the announcement, Moghalu stated that he was never consulted nor did he give consent for his name to be published.
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No Partisan Ties: Moghalu emphasized that he has quit partisan politics in Nigeria since 2022 and maintains a completely non-partisan posture in national affairs.
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Denial of Membership: He clarified that he is not a member or sympathizer of any political party, nor is he part of Atiku’s policy team in any official, unofficial, or advisory capacity.
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Current Focus: He noted that his primary focus is serving as the President of IGET Africa—a non-partisan public policy think tank and executive education academy—and as the CEO of Sogato Strategies, a geopolitical risk and regulatory strategy advisory firm.
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Path of Statesmanship: Reaffirming his commitment to Nigeria’s progress, Moghalu stated that national service does not require partisan alignment, choosing instead the path of statesmanship.
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Mass Repatriation Shock: RCCG Drops Massive Bombshell Explaining Why 500 Nigerians Are Being Brought Home From South Africa!.
The Redeemed Christian Church of God (RCCG) has launched a major humanitarian initiative to airlift 500 stranded Nigerians back home from South Africa. The first batch of 100 returnees arrived safely at the Murtala Muhammed International Airport in Ikeja, Lagos, on Thursday night.....KINDLY READ THE FULL STORY HERE▶
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Direct Funding: Following an appeal from the Nigerian diplomatic mission and consulate in South Africa, RCCG General Overseer Pastor E.A. Adeboye approved full funding for the air transportation of the 500 citizens from Johannesburg to Lagos.
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Inclusive Beneficiaries: Pastor Belemina Obunge, Chairman of the RCCG Task Force for the Reception of Nigerian Returnees, emphasized that the intervention is non-discriminatory. The beneficiaries—profiled and documented by the Nigerian High Commission and South African Home Affairs—include individuals of various religious backgrounds, such as Christians and Muslims, as well as accompanying infants and children.
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Government Collaboration: Upon arrival, returnees were received by officials from the National Emergency Management Agency (NEMA), the National Commission for Refugees, Migrants and Internally Displaced Persons, and other relevant bodies for proper profiling and documentation.
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Next Steps: While the church covered all air travel expenses, relevant government agencies are managing the reception, official processing, and subsequent transportation of the returnees to their respective state capitals.
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“Zero Debt, Zero Regrets!”: Peter Obi Drops Epic Bombshell, Swears Anambra Owed No Salaries Or Pensions When He Left Office!
Former Anambra State Governor and 2026 presidential candidate for the Nigeria Democratic Congress (NDC), Peter Obi, has vehemently denied allegations that his administration left the state in debt. Speaking on Arise News on Thursday, Obi dismissed claims that he left a $123 million liability, asserting instead that he handed over a financially robust government with savings exceeding $150 million [cite: 27].....KINDLY READ THE FULL STORY HERE▶
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Strong Financial Standing: Obi maintained that his administration left the state in a stronger financial position than any other in the nation’s history. He argued that the funds he left behind, if properly managed, could have paid off all foreign debts while continuing to generate significant annual investment income [cite: 27].
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No Direct Borrowing: The former governor categorically stated that he did not approach any financial institution for loans or issue bonds on behalf of Anambra State during his eight-year tenure. He emphasized that his administration was not indebted to any contractor, nor did it owe outstanding salaries, gratuities, or pensions upon his departure in 2014 [cite: 27].
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Debt Attribution Dispute: Obi also clarified the nature of foreign debts attributed to the state, explaining that concessionary facilities from the World Bank and the International Fund for Agricultural Development (IFAD) were secured by the Federal Government and on-lent to states for specific projects. He provided figures showing a modest increase in foreign debt from approximately $18 million at the start of his term to $30 million when he left office in March 2014 [cite: 27].
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DMO Confirmation: Further supporting his claims, Obi referenced former Debt Management Office (DMO) Director-General Abraham Nwankwo, who publicly acknowledged that Obi was the only governor who never sought DMO approval to borrow money during his tenure [cite: 27].
Obi concluded that the presentation of Anambra’s financial position at the time he left office amounted to “very wrong public accounting,” and pointed to his official handover documents as proof of the state’s true financial health.
The Nigerian naira experienced minor movements against the United States dollar across the foreign exchange markets on Thursday, September 24, 2026.....KINDLY READ THE FULL STORY HERE▶
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Official Market Rates: According to data from the Central Bank of Nigeria (CBN), the local currency traded at an official rate of ₦1,328.6687 per dollar on Thursday, marking a slight shift from Wednesday’s rate of ₦1,328.4974 per dollar.
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Parallel Market Rates: In the parallel (black) market, the naira closed the trading day at ₦1,385 per dollar.
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Commercial and BDC Variances: Actual rates offered by commercial banks, Bureau de Change (BDC) operators, and other authorized dealers may vary due to transaction margins as well as prevailing supply and demand conditions.
Market analysts and participants continue to keep a close watch on forex inflows, underlying dollar demand, and upcoming CBN policies to gauge whether the naira can maintain its stability through the remainder of the month.
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