2027: ADC collapses into Wike’s Rainbow Coalition in Rivers State [Video]

Ahead of the 2027 general elections, a faction of the African Democratic Congress, ADC, in Rivers State, led by its national Chairman, Ibe Kachikwu has aligned with the Rainbow Coalition formed by the Minister of the Federal Capital Territory, FCT Nyesom Wike.

In a viral video, the ADC Secretary in Ikwerre Local Government Area of the state, Samuel Chuku was heard saying that they were instructed by their national leader to back Wike’s coalition ahead of the 2027 general elections.

The party leaders, at an engagement meeting in Isiokpo, the headquarters of Ikwerre Local Government Area, said they will work with the Rainbow Coalition for the coming elections.

The faction insisted that they remained the authentic leaders of the ADC in the council and would continue to align with the coalition pending the resolution of the leadership dispute by the Supreme Court.

They urged loyalists of the former Rivers State Governor, Rotimi Amaechi to stop parading themselves as executive members of the party.

Samuel said, “Our leader, Ibe Kachikwu has directed ADC in Rivers to align with coalition led by Nyesom Wike. We are aware that some persons are parading themselves as ADC leaders in Ikwere local government.

“We are here to tell those people that they are intruders. They want to reap from where they did not sow.

“ADC leadership has directed that we should align with the coalition headed by Wike pending when the Supreme Court will decide who should be the authentic national”

It was technical glitch – Kano govt explains double salary payments to workers

The Kano State Government has directed the recovery of duplicate July 2026 salary payments mistakenly credited to some civil servants, attributing the incident to a technical glitch during the salary payment process.
The directive was contained in a notice signed by Abdulhadi Hamza, Deputy Director, KIPPIS, for the Kano State Accountant General and dated July 26, 2026.

According to the circular, the duplicate salary payments resulted from “a technical issue on the part of the bank during the salary payment process.”

The government said the affected bank has commenced the process of reversing the excess payments directly from the accounts of workers who received the duplicate salaries.

“The concerned bank is currently making efforts to reverse the duplicate payments directly from the affected accounts. In view of this, all affected staff are kindly advised not to take any action at this time and to await further directives from the Office of the Accountant General,” the notice stated.

The government added that where the bank is unable to recover the excess payment through the reversal process, affected workers would be formally notified and guided on the appropriate procedure for refunding the overpaid amount.

The Accountant General’s Office also appealed for patience and cooperation from civil servants as efforts continue to resolve the issue.

Troops rescue two kidnap victims during fighting patrol in Taraba

Troops of the 6 Brigade, Nigerian Army, and Sector 3 of Operation Whirl Stroke (OPWS) have rescued two kidnapped victims during a fighting patrol in Lau Local Government Area of Taraba State.

The rescue operation, carried out in the early hours of Saturday, July 26, followed credible intelligence on the activities of suspected kidnappers operating in the Lande Jessi general area.

According to a statement issued on Monday by the Acting Assistant Director, Army Public Relations, 6 Brigade Nigerian Army, Lieutenant Umar Muhammad, the troops launched the operation after receiving reports that armed criminals had attacked Tashan Musa and Barkindan Fulani villages, abducting two residents and making away with food items.

The statement said the troops conducted targeted search-and-rescue operations across the area, leading to the successful rescue of the two victims, identified as Usman Mohammed and Usman Harusu. The victims were reportedly held captive for about one week before their rescue.

The Commander of the 6 Brigade, Nigerian Army, and Sector 3, Operation Whirl Stroke, Brigadier General Chukwuemeka Michael Akaliro, commended the troops for their swift response, professionalism, and resilience, describing the operation as a demonstration of the military’s commitment to protecting lives and property in Taraba State.

Akaliro said the operation was in line with the directive of the Chief of Army Staff, Lieutenant General Waidi Shaibu, to decisively tackle criminality and restore lasting peace across the country.

He urged the troops to sustain the ongoing operations and remain vigilant in denying criminal elements freedom of movement within their area of responsibility.

The brigade commander also reassured residents of the Nigerian Army’s commitment to safeguarding law-abiding citizens and appealed to members of the public to continue supporting security agencies with timely and credible information to aid ongoing security operations

Tinubu has turned Aso Rock into bunker – Peter Obi

Presidential candidate of the Nigeria Democratic Congress, NDC, for the 2027 general elections, Peter Obi, has accused President Bola Tinubu of turning Aso Rock into a bunker.
Obi made the claim on Sunday during a live appearance on Channels Television.

He challenged President Tinubu to come out of the ‘bunker’ and speak to the Nigerian people whom he is governing.

“A leader must be speaking to his people. The person we voted for in this country is Bola Tinubu. He’s no longer talking.

“President Tinubu has turned Aso Rock into a bunker. He is no longer talking. He should come out of that bunker and speak to the people. Where is the man we gave our mandate?

“We didn’t vote all these characters talking to us. I will be speaking to the people. I’ll be telling them ‘I said I’ll do this’ and that is what it will be. That’s why I said there should be commitment.

“Today, we are talking about fake agency in the government. Where is the man who is leading the country? He should be the one talking to everybody,” Obi said.

PR Confab: NCS, Media deepen partnership to boost public confidence 

The Nigeria Customs Service (NCS) has underscored the importance of a stronger partnership with the media as it seeks to enhance public confidence, improve awareness of its reforms and prom ote accurate reporting on its operations.
The commitment was reaffirmed last week during a strategic media engagement preceding the opening of the 2026 Nigeria Customs Service Public Relations Conference in Port Harcourt, Rivers State. The Zonal Coordinator, Zone ‘C’, Acting Assistant Comptroller-General of Customs, Pascal Chibuoke, declared the session open on behalf of the Comptroller-General of Customs, Adewale Adeniyi.
Addressing journalists and communication professionals from the South-East and South-South zones, Acting ACG Chibuoke encouraged participants to take full advantage of the conference, stressing that effective communication remains critical to strengthening the Service’s relationship with the public.
He urged stakeholders to continue projecting the positive image of the Nigeria Customs Service through accurate information sharing and greater public understanding of the agency’s statutory responsibilities.
Speaking at the event, the National Public Relations Officer of the Service, Deputy Comptroller Abdullahi Maiwada, described the media as a vital partner in advancing the Service’s transformation agenda. He noted that the ongoing reforms in Customs require public support, which can only be achieved through transparent communication and credible reporting.
“The reforms and innovations we are driving in the Nigeria Customs Service cannot succeed in isolation without public understanding and trust,” Maiwada stated.
The Customs Area Controller of Port Harcourt Area I Command, Comptroller Salamatu Atuluku, described the conference theme, “Realigning Corporate Communication as a Strategic Driver of Institutional Effectiveness and Public Trust,” as both timely and strategic.
She commended the Comptroller-General for fostering a culture of openness that has strengthened public engagement and applauded the National Public Relations Officer for sustaining effective communication initiatives across the Service.
Earlier, Chairman of the Local Organizing Committee, Chief Superintendent of Customs Emmanuel Tangwa, said the choice of Port Harcourt as host city reflects the strategic importance of the South-South region to Nigeria’s economy. According to him, the conference provides an avenue to showcase the Service’s achievements, explain key policies and address public misconceptions through direct engagement with the media.
Also speaking, Chairman of the Nigeria Union of Journalists (NUJ), Rivers State Council, Paul Bazia, praised the Nigeria Customs Service for maintaining a transparent relationship with journalists. He reaffirmed the commitment of the media to accurate, timely and responsible reporting, noting that sustained collaboration between the press and Customs will further strengthen public trust.
Heirs Holdings portfolio companies earn international recognitions across industries 

Three Heirs Holdings portfolio  Companies — Transcorp Group, Abuja Electricity Distribution Company(AEDC) and Redtech – have earned recognition in leading global and continental business rankings published by The Africa Report and CNBC, reinforcing Heirs Holdings’ strategy of building leading businesses across sectors.
These recognitions reflect the strength of Heirs Holdings’ diversified portfolio and its continued focus on long-term investment and operational excellence that are fundamental to Africa’s economic development.
Diversified conglomerate, Transcorp Group, and Abuja Electricity Distribution Company (AEDC) were named in The Africa Report’s 2026 500 Business Champions, an annual ranking of Africa’s leading companies. The recognition reflects their sustained performance, operational resilience and long-term contribution to strengthening Africa’s economic development.
Technology company, Redtech, was recognised in the Payments category of CNBC and Statista’s 2026 World’s Top Fintech Companies, selected from more than 3,500 fintech companies worldwide. One of only 11 African companies included in this year’s ranking of the world’s top 500 fintech companies, Redtech’s recognition highlights its contribution to advancing digital payments and financial infrastructure across Africa.
The latest recognitions build on earlier honours received this year, when two other Heirs Holdings’ portfolio companies, Heirs Life Assurance and Heirs General Insurance (both members of Heirs Insurance Group), as well as Redtech, were named among the 2026 Financial Times’ Africa’s Fastest-Growing Companies. These achievements underscore Heirs Holdings’ track record of creating value through a diversified portfolio of category-leading businesses.
About Heirs Holdings
Heirs Holdings is a leading pan-African investment company with a diversified portfolio spanning the power, energy, banking, insurance & financial services, technology, hospitality, real estate and healthcare sectors, operating in twenty-four countries worldwide.
Heirs Holdings is guided by Africapitalism, the economic philosophy developed by its Founder and Group Chair, Tony O. Elumelu, CFR, which recognises the private sector as a catalyst for Africa’s economic and social development. Driven by this philosophy, Heirs Holdings invests for the long-term, bringing strategic capital, sector expertise, a track record of business success, and operational excellence to build enduring businesses.
UBA wins double Euromoney Awards as Nigeria retail lender, ESG leader

United Bank for Africa (UBA) Plc has strengthened its standing as one of Africa’s leading financial institutions after securing two major honours at the 2026 Euromoney Awards for Excellence, winning Nigeria’s Best Bank for Retail and Nigeria’s Best Bank for Sustainability (ESG).
The awards, presented on July 17 at The Peninsula London, recognise financial institutions that have demonstrated outstanding performance, innovation, customer impact and excellence in sustainable banking.
The double recognition highlights UBA’s growing influence in retail banking while reinforcing its leadership in environmental, social and governance (ESG) practices across Africa.
According to Euromoney, UBA distinguished itself through several sustainability initiatives, including the launch of a Green Financing Facility designed to help households and businesses transition to renewable energy.
The bank was also recognised for its ₦5 billion financing programme with the Bank of Industry to support women-owned businesses and its long-term commitment to achieving net-zero emissions by 2050.
The publication further acknowledged UBA’s efforts to integrate sustainability into its operations through the deployment of solar-powered energy systems across 50 branches and extensive ESG capacity-building programmes that have trained more than 16,000 employees across the Group.
In the retail banking category, Euromoney cited UBA’s rapid expansion as one of Africa’s largest retail banking franchises.
The bank grew its customer base to more than 37 million by the end of 2025, while retail banking revenue more than quadrupled to ₦429.5 billion.
The awards also recognised UBA’s continued investment in digital innovation, particularly enhancements to its AI-powered virtual banking assistant, LEO.
The platform became Africa’s first artificial intelligence banking solution to facilitate cross-border money transfers in local currencies through the Pan-African Payment and Settlement System (PAPSS), further strengthening seamless banking across the continent.
While commenting on the achievement, UBA’s Group Managing Director and Chief Executive Officer, Oliver Alawuba, described the awards as a strong endorsement of the bank’s strategy of combining commercial success with sustainable development.
“Being recognised as Nigeria’s Best Bank for both Retail Banking and ESG in the same year demonstrates that sustainable banking and business performance go hand in hand.
“At UBA, we remain committed to financing Africa’s future by supporting businesses, promoting financial inclusion, investing in communities and delivering innovative banking solutions that improve lives.”
Moreover, Alawuba maintained that “These awards belong to our customers for their continued trust and to every member of the UBA family whose dedication has made this achievement possible,” he said.
Also speaking, UBA’s Group Head of Marketing, Brand and Corporate Communications, Alero Ladipo, said the recognition reflects the bank’s unwavering commitment to delivering value to customers.
“These awards reaffirm our Customer First philosophy. Every innovation, product and investment we make is driven by our desire to create meaningful value for our customers.
“Whether through access to finance for entrepreneurs, seamless digital payment solutions, clean energy financing or broader financial inclusion across Africa, UBA remains focused on delivering lasting impact.
“We are honoured that one of the world’s leading financial publications has recognised these efforts,” she said.
With operations spanning 20 African countries as well as the United Kingdom, the United States, France and the United Arab Emirates, UBA continues to expand its footprint as Africa’s Global Bank, serving more than 45 million customers through technology-driven financial services and a strong commitment to sustainable growth.
CBN Governor, Okonjo-Iweala to headline 7th Africa Emerging Markets Forum in Abuja ….on July 29 & 30

 A high-level fireside dialogue between the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, and the Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, will headline the 7th Africa Emerging Markets Forum, taking place at the CBN Headquarters, Abuja, on Wednesday, 29 July, and Thursday, 30 July 2026.
Hosted by the Central Bank of Nigeria (CBN) in collaboration with the Emerging Markets Forum (EMF) and the Centre for the Study of the Economies of Africa (CSEA), the 7th Africa Emerging Markets Forum will convene senior policymakers, central bankers, ministers, development partners, private-sector leaders and leading economists from Africa and around the world to examine practical policy responses to an increasingly uncertain global economic environment.
Held under the theme “Building Resilience Amidst Geoeconomic Uncertainties,” the 7th Africa Emerging Markets Forum will be headlined by the Cardoso–Okonjo-Iweala fireside dialogue, which will explore how African economies can build resilience, sustain reform momentum, deepen regional integration and unlock long-term growth amid an increasingly fragmented global economy.
The 7th Africa Emerging Markets Forum will also feature ministerial keynote addresses by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, and the Minister of Science, Technology and Innovation, Dr Kingsley Udeh, underscoring the importance of coordinated fiscal, monetary and innovation policies in advancing Africa’s economic transformation and long-term resilience.
Other distinguished participants include Indermit Gill, Chief Economist and Senior Vice President for Development Economics at the World Bank Group; Harinder Kohli, Founding Director and Chief Executive of the Emerging Markets Forum; Professor Adamu Ahmed, Vice-Chancellor of Ahmadu Bello University; alongside senior policymakers, academics, development partners and business leaders from across Africa and beyond.
Over two days, participants will examine a wide range of issues critical to the future of emerging markets, including macroeconomic stability, regional economic integration, cross-border payments, financial technology, infrastructure, foreign direct investment, technology transfer, artificial intelligence, and the interconnected challenges of food price volatility, inflation and monetary policy transmission in fragile and post-crisis economies.
According to the organisers, the 7th Africa Emerging Markets Forum aims to foster open dialogue on issues of strategic importance to emerging markets and developing economies while identifying practical policy solutions that can be adapted to the unique circumstances of individual countries.
The Forum underscores the shared commitment of the Central Bank of Nigeria and its partners to strengthening regional cooperation, advancing evidence-based policymaking and promoting innovative solutions that enhance Africa’s resilience and support sustainable, inclusive economic growth.
Dangote Refinery Secures Landmark $2.5bn Private Equity Investment

Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement that raised approximately $2.5 billion in new equity, following a highly successful offering.

The transaction, which is believed to be Africa’s largest publicly disclosed primary equity private placement, marks a significant milestone in the history of the company and demonstrates strong investor confidence in the refinery’s long-term growth strategy and operational excellence.

In a statement made available to the Media, described the capital raise as the first equity funding round involving external investors beyond the company’s legacy shareholder base, underscoring the growing attractiveness of DPRP as a world-class energy and industrial enterprise.

The proceeds from the placement will be deployed to support the continued expansion of the refinery and petrochemical complex, strengthen the company’s capital structure, and enhance financial flexibility to pursue future growth opportunities.

The offering attracted broad participation from international and African institutional investors, sovereign-related investment vehicles, development finance institutions, strategic partners, and individual investors.

Notable participants included the Africa Finance Corporation (AFC) and India Infra Buildco, an investment vehicle facilitated by the African Export-Import Bank (Afreximbank), reflecting deep and diversified confidence in DPRP’s long-term prospects.

Commenting on the successful transaction, Aliko Dangote, President and Chief Executive of Dangote Industries Limited and Chairman of DPRP, described the placement as a strategic milestone in the company’s evolution.

“This transaction represents a strategic step to deepen and further institutionalise the Enterprise’s shareholder base, while raising capital to complement our internal cash flows and external funding as DPRP advances its expansion agenda.

“It also demonstrates our unwavering commitment to developing Africa’s refining and petrochemical capacity, reducing dependence on imported petroleum products and strengthening the continent’s energy security,” he said.

Also speaking on the development, David Bird, Managing Director and Chief Executive Officer of Dangote Petroleum Refinery & Petrochemicals, said the overwhelming investor response validated the company’s operational performance and growth outlook.

He said: “The exceptional demand we witnessed is a testament to our operational excellence, execution capability and the confidence investors have in DPRP’s leadership and future potential.”

With the successful completion of the placement, DPRP is well-positioned to accelerate its long-term growth strategy while strengthening Africa’s energy security through world-scale refining and petrochemical capacity.

The strong investor response further reinforces confidence in the company’s vision and its ability to deliver sustainable value over the long term.

The company also acknowledged the contributions of its professional advisers and partners whose expertise and support were instrumental in delivering the successful transaction.

Kaduna APC aspirants accuse party, government of marginalisation

About 55 aspirants of the All Progressives Congress (APC) in Kaduna State who voluntarily stepped down from various elective contests in the interest of party unity have accused the party leadership and the Kaduna State Government of neglecting and marginalising loyal members.

The aggrieved aspirants, operating under the banner of the Kaduna State House of Assembly APC Aspirants Forum 2026, said they abandoned their political ambitions following appeals by party leaders, believing that their loyalty, discipline and commitment to the party would be rewarded with fairness, inclusion and recognition.

In a statement issued on Friday and signed by the forum’s chairman, Godwin Luka (Maisolar), and Secretary, Tahir Gambo Abubakar, the group lamented that, despite remaining steadfast and loyal to the APC, repeated efforts to seek an audience with the party leadership and the Kaduna State Government had yielded no positive response.

According to the forum, members voluntarily withdrew from their respective contests to preserve party unity and enhance the APC’s electoral prospects, describing the decision as a significant sacrifice made in the collective interest of the ruling party.

The aspirants, however, expressed disappointment that, months after making the sacrifice, they had allegedly been excluded from appointments, consultations and other political engagements.

They further alleged that, while loyal party members who complied with the directives of the leadership had been sidelined, individuals who openly criticised the party or opposed its decisions were allegedly being rewarded with appointments and political opportunities.

The statement said, “We willingly sacrificed our personal ambitions after appeals by the leadership because we believed our loyalty, discipline and commitment to the party would be recognised and appreciated.

“We remain committed to the ideals and success of the APC, but our patience and loyalty should not be mistaken for weakness, neither should our sacrifices be taken for granted.”

The forum stressed that its members were not demanding special treatment but were simply calling for justice, fairness and recognition of those who made personal sacrifices to strengthen the party.

It warned that continued neglect of loyal members could affect the morale of party faithful as political activities gradually gather momentum ahead of the 2027 general elections.

While reaffirming their loyalty to Governor Uba Sani and the APC, the aspirants urged the governor and the party leadership to engage members of the forum urgently and address their grievances before they escalate.

They also noted that many members of the forum command significant political influence across their respective constituencies, adding that their supporters were closely monitoring developments and would expect direction as preparations for the next general elections intensify.

“We have no regrets supporting the success of our great party. However, loyalty should be rewarded. Justice, equity and fairness remain the foundation for sustaining unity and strengthening the APC ahead of future elections,” the statement added.

The forum expressed optimism that the party leadership would resolve the matter through constructive dialogue, insisting that recognising and accommodating loyal members would further consolidate the APC’s unity and electoral strength in Kaduna State.

As of the time of filing this report, neither the Kaduna State chapter of the APC nor the Kaduna State Government had issued an official response to the allegations.