EPL: Fulham push to seal Chukwueze deal after loan stint

Fulham are intensifying efforts to sign Samuel Chukwueze on a permanent transfer, DAILY POST reports.

Chukwueze arrived the Craven Cottage on season-long loan from Serie A giants AC Milan last summer.

The tricky winger has impressed head coach Marco Silva, who now want him to stay permanently at the club.

According to Gazzetta dello Sport, Fulham are preparing €24 million deal to activate the purchase option in the Nigeria international’s contract.

Chukwueze has registered three goals, and four assists in 17 league appearances for the Whites this season.

He has two years remaining on his contract with Fulham.

EFCC uncovers Yahoo academy in Abuja, arrests 31 suspects

The Economic and Financial Crimes Commission, EFCC, has uncovered an alleged internet fraud training centre, commonly referred to as a Yahoo academy in Abuja, leading to the arrest of 31 suspects.

The operation, carried out on Thursday, April 9, 2026, took place at Becki Estate in Karu, within the Federal Capital Territory, following what the agency described as a sting operation.

According to details shared on the official page of the commission, the suspects said to include two key operators and several trainees, were arrested while undergoing what appeared to be organised cyber fraud tutorials.

The agency said items recovered during the raid include multiple mobile phones, 18 laptops and other digital devices believed to have been used for fraudulent activities.

It further noted that findings by the commission showed some of the recruits were allegedly lured from Benue State with promises of legitimate job opportunities, only to be introduced into internet fraud upon arrival.

“They were handed communication devices, computers and software, setting the stage for their training in cyber fraud,” the commission stated.

Further details revealed that the recruits were reportedly confined within the facility, with their movements restricted and personal phones taken from them, effectively cutting them off from the outside world.

The anti-graft agency also disclosed that strict control measures were enforced within the centre, including alleged physical punishment for those who failed to comply with instructions.

The commission noted that the suspects remain in custody and will be charged to court upon the conclusion of ongoing investigations.

Gov Adeleke under pressure over Apetu stool vacancy

Osun State Governor, Ademola Adeleke is under intense pressure to take decisive action on the Apetu stool due to mounting concerns over a prolonged vacuum in the traditional leadership in Ipetumodu town.

Community stakeholders, including kingmakers and representatives of two ruling houses, said the absence of a monarch has begun to affect traditional, administrative and territorial stability in the town.

The groups, drawn from the Aribile and Fagbemokun ruling houses, made their position known during a press conference held in Ipetumodu on Thursday.

They urged the state government to formally declare the stool vacant and commence the selection process for a new traditional ruler within seven days.

At the centre of the dispute is the continued recognition of Oba Joseph Oloyede, who is currently serving a prison sentence in the United States of America following a fraud conviction.

The monarch was sentenced on August 26, 2025, by Christopher A. Boyko to 56 months’ imprisonment after being found guilty of participating in a conspiracy linked to COVID-19 relief funds.

According to authorities in the United States, “the scheme involved exploiting emergency loan programmes intended to support small businesses during the pandemic.”

Court documents indicated that assets linked to the proceeds of the crime, including a residential property in Medina, Ohio, and over $96,000, were forfeited.

In addition to the prison term, the monarch was ordered to pay restitution exceeding $4.4 million and to serve a period of supervised release upon completion of his sentence.

Despite these developments, community leaders said the delay in officially declaring the stool vacant has created uncertainty and weakened traditional authority structures in Ipetumodu.

Speaking for the ruling houses, Prince Dele Oyebade stated that “all required legal documentation, including the Certified True Copy of the judgment, had been submitted to the state government.”

He said, “The documents have been made available, yet no action has followed. This delay is causing avoidable tension within the community.”

Oyebade also suggested that the governor may not have received complete information about the matter from the lawmaker representing Ife North State Constituency, Akinyode Oyewusi.

He added, “All actions capable of delaying justice in this matter must cease immediately to preserve the integrity of the institution.”

Another community representative, Prince Olaboye Ayoola, linked emerging local challenges to the absence of a recognised monarch, noting increased disputes and administrative gaps.

Ayoola said, “We are giving the government seven days to respond. The town cannot continue without leadership, as this situation is already affecting our land and traditions.”

He explained that neighbouring communities were taking advantage of the vacuum to encroach on disputed areas, while essential cultural rites remained suspended.

On behalf of the traditional council, the Aresa of Ipetumodu, Chief Lawrence Odewale, called for urgent intervention, including the appointment of warrant chiefs to support the selection of a new monarch.

He said, “Declaring the stool vacant is necessary to restore order and enable the kingmakers to carry out their responsibilities without further delay.”

TUC demands subsidy to cushion rising fuel prices

The Trade Union Congress of Nigeria has called on the Federal Government to deploy excess crude oil revenue to subsidise local refineries as a way of cushioning the impact of rising fuel prices on Nigerians.

President of the Congress, Festus Osifo, who made the call during a press briefing in Abuja on Thursday, warned that the price of Premium Motor Spirit, popularly called Petrol, could climb to as high as N2,000 per litre if urgent measures were not taken.

Osifo said the persistent increase in the pump price of petrol, driven by global crude oil price volatility and exchange rate challenges, had worsened the economic hardship faced by Nigerian workers.

The TUC leader attributed the surge partly to international developments, including tensions involving the United States, Israel and Iran, which have affected global oil supply dynamics.

Osifo also linked the rising cost of petrol to the depreciation of the naira, warning that the continued weakening of the currency was compounding inflationary pressures and reducing the real value of workers’ earnings.

To address the situation, the TUC president proposed that the government should utilise excess revenue generated when crude oil prices exceeded the budget benchmark to support local refining.

He explained that with the 2024 budget benchmarked at $64.85 per barrel, any price above that threshold results in additional revenue shared by the three tiers of government, adding that at least 60 per cent of such excess funds should be channelled into subsidising crude supplied to domestic refineries, including the Dangote Refinery and other modular refineries.

He also urged authorities to take deliberate steps to stabilise the currency, noting that exchange rate stability would significantly reduce the cost of imported energy and other goods.

The TUC said it would formally communicate its proposals to the Federal Government, including the Presidency, with a view to ensuring the prompt implementation of measures to ease the hardship facing Nigerians.

He said, “Today, the cost of petrol is heading towards N2,000 per litre, depending on the part of the country that you are in. It has deeply affected the purchasing power of the salaries that we earn as Nigerian workers.

“Let the government take that excess fund that was never budgeted for, take at least 60 per cent of it, and use it to subsidise the crude being supplied to Dangote Refinery.

“The same should be done for Dangote Refinery and all modular refineries, where crude is supplied to them at that subsidised rate.

“Take the difference from the excess crude revenue, take about 60 per cent of it, and use it to subsidise the price at which crude is supplied to the refinery.

“When you subsidise crude, it cannot be abused because you are subsidising production directly. When that is done, we are going to see an immediate reduction in the price of petroleum products.”

Access Holdings ED addresses tech leaders

Access HoldingsThe Executive Director of IT and Digitalisation at Access Holdings Plc, Lanre Bamisebi, has issued a call to action for technology leaders to prioritise ‘less, but better’ in an era increasingly dominated by artificial intelligence.

Speaking recently at the inaugural Guest Lecture Series organised by the Quest Merchant Bank Technology Academy, Bamisebi argued that the ability to simplify complex processes will be the ultimate competitive advantage.

Addressing a gathering of technology professionals, he questioned the industry’s fixation on relentless expansion and feature-heavy development, arguing that real progress in the digital age is driven by disciplined system design rather than sheer volume of output.

“The institutions that will win the next decade are not the ones that build the most,” Bamisebi said. “They are the ones that simplify the best. Progress in technology is often not about adding more; it is about having the discipline to remove what no longer works.”

Drawing on historical turnarounds at global giants like Apple and Amazon, Bamisebi noted that major transformations rarely begin with ‘moonshot’ ideas. Instead, they start with a rigorous assessment of what is broken.

He emphasised that at Access Holdings, the focus remains on stability as the bedrock of any digital journey, noting that system failures are typically the result of human process errors rather than flawed code.

“Technology failures are rarely caused by technology,” Bamisebi added. “They are usually caused by what we do to the technology. Stability is not glamorous, but without it, nothing sustainable can be built.”

Addressing the rise of generative AI, Bamisebi downplayed concerns about widespread job losses, describing the technology instead as a ‘mirror’ that highlights operational inefficiencies. He maintained that AI will not replace critical thinkers but will rather expose whether a professional’s value stems from independent judgement or simple adherence to routine instructions.

“The age of AI is not a threat to thinkers. It is a mirror. It will reveal whether your value comes from judgement or from following instructions,” he said.

Bamisebi concluded by positioning Nigeria and the broader African continent at a critical junction in financial infrastructure development. He predicted that the next generation of industry leaders would be defined by their discipline and their ability to say ‘no’ to unnecessary complexity.

“The institutions that will define African financial services in the next decade will not be the loudest or the most expensive. They will be the most disciplined. Less, but better. Always,” he added.

Polaris Bank, CBN partner to promote financial literacy

Polaris BankPolaris Bank has announced its partnership with the Central Bank of Nigeria for the 2026 Global Money Week under the theme ‘Smart Money Talks’. The initiative, which runs from 7 April to 30 April 2026, aims to bridge the financial literacy gap by providing secondary school students with the tools to navigate an increasingly complex digital economy.

“Building a financially smart future starts with equipping young people with the right knowledge today. As conversations around money become more complex in a fast-evolving digital world, our participation in Global Money Week reflects our commitment to empowering the next generation with practical skills that shape long-term economic wellbeing,” stated the bank’s leadership during the launch.

The 2026 campaign, according to a statement on Thursday, builds on the success of the previous year, where Polaris Bank directly impacted 3,372 students across 35 secondary schools in 36 states.

This year, the bank is expanding its reach in coordination with the CBN’s Financial Literacy Secretariat to conduct sessions in schools across all states where it maintains a branch presence. These sessions provide students and young adults with useful insights into key areas such as saving, budgeting, the responsible use of financial products, digital financial services, and entrepreneurship.

“At the Central Bank, we believe that early education is critical to helping young people distinguish between impulse and intention. By taking these conversations into schools, we are supporting a national mandate to develop a generation that is more financially aware and capable of making smart choices,” noted a representative from the CBN Financial Literacy Secretariat.

In an era where technology and peer influence heavily dictate spending habits, Polaris Bank is positioning financial literacy as a vital life skill rather than a luxury. The bank believes that early education is critical to helping young people distinguish between trend and truth, or convenience and responsibility.

“For Polaris Bank, this goes beyond a statutory obligation,” the bank added. “It is about fostering a culture where young people are confident in money matters, helping them grow into financially active adults who can contribute meaningfully to the Nigerian economy.”

The programme aligns with broader national goals of human capital development and financial inclusion as key drivers of growth. As Global Money Week activities continue through the end of April, Polaris Bank remains committed to initiatives that create meaningful impact, strengthen communities, and empower individuals through knowledge-driven engagement.

Guinea Insurance projects N1.85bn profit

Guinea-Insurance-PlcGuinea Insurance Plc has signalled a period of robust financial growth and strategic strengthening as it forecasts a profit after tax of N1.85bn for the second quarter ending 30 June 2026.

In a comprehensive regulatory filing submitted to the Nigerian Exchange on Tuesday, the insurer detailed an ambitious financial roadmap characterised by aggressive revenue targets and a massive capital injection intended to solidify its market position.

The company’s forecast income statement projects insurance revenue to hit N4.41bn by the end of the quarter. This performance is expected to be bolstered by a strong insurance service result of N2.27bn, demonstrating the firm’s ability to effectively manage its core underwriting risks and reinsurance contracts.

Beyond its core operations, the report highlights a diversified income stream with net investment income projected at N1.14bn. This is expected to be driven primarily by investment income and fair value gains on financial assets, reflecting a strategic allocation of capital within the current economic landscape.

Perhaps the most significant highlight in the filing is the N7.5bn new capital injection listed under financing activities. This influx of capital is set to dramatically transform the company’s balance sheet, pushing its cash and cash equivalents to a projected N7.44bn by mid-year, up from N2.98bn at the start of January.

The board of directors, led by Chairman Temitope Borishade and Managing Director Ademola Abidogun, noted in the filing that “these projections reflect a company exceeding expectations with a clear path toward sustainable profitability and a fortified capital base that ensures we remain a dominant player in the industry.”

On the operational side, Guinea Insurance’s cash flow estimates indicate a high level of activity, with premium collections expected to reach N4.9bn. The company has also budgeted N1.13bn for gross claims payments, emphasising its commitment to meeting policyholder obligations promptly.

The report further detailed that “the proposed capital injection of N7.5bn is a testament to investor confidence and a strategic pivot toward high-yield financial assets”, including a planned N2.5bn investment in Treasury bills.

With earnings per share projected at 0.10 kobo, Guinea Insurance is positioning itself as an increasingly attractive prospect for shareholders. The company concluded its submission to the exchange by stating that it is “entering the second half of the year with a liquid, well-capitalised balance sheet designed to withstand macroeconomic pressures while delivering consistent value to stakeholders”

Banking stocks drive 0.28% NGX growth

Nigerian Exchange Limited

The Nigerian equities market closed on a positive note during Thursday’s trading session as a late-session rally in the banking sector pushed the market capitalisation up by N370bn. The All-Share Index grew by 0.28 per cent, gaining 576.27 points to settle at 203,161.81 points, while the total market value of listed equities rose to N130.774tn.

This upturn was primarily driven by price appreciation in medium and large-cap stocks, most notably Nestle Nigeria, Aradel Holdings, Nigerian Exchange Group, Zenith Bank, and Lafarge Africa.

Despite the gains in the headline index, market breadth remained perfectly balanced with 30 advancers matched by 30 decliners. Trans-Nationwide Express emerged as the top performer of the day with a 9.94 per cent price surge to close at N3.43 per share, followed closely by International Energy Insurance, which gained 9.84 per cent to close at N3.46.

Guinea Insurance, Regency Alliance Insurance, and Wapic Insurance also featured prominently on the gainers’ list with respective appreciations of 9.52 per cent, 9.18 per cent, and 9.09 per cent.

On the flip side, LivingTrust Mortgage Bank led the laggards after shedding 10 per cent to close at N4.32 per share. Other significant decliners included R.T. Briscoe, which dropped by 9.94 per cent, and Tantalizers, which fell 9.55 per cent.

Livestock Feeds and VFD Group rounded out the losers’ chart with depreciations of 9.40 per cent and 8.85 per cent, respectively. Trading activity saw a noticeable pullback as total volume decreased by 35.17 per cent to 652.863 million units, valued at N39.820bn and exchanged in 51,101 deals.

The banking sector continued to dominate the activity chart, led by Access Holdings with a turnover of 121.702 million shares valued at N3.165bn. Guaranty Trust Holding Company followed with 62.274 million shares worth N8.096bn, while Chams Holding Company, Zenith Bank, and United Bank for Africa also recorded high transaction volumes.

Providing a forecast for the next session, analysts at Cowry Assets Management Limited noted that the market is expected to face mild headwinds on Friday as end-of-week profit-taking activities begin to weigh on investor sentiment.

ADC crisis: APC does not want viable opposition – Kola Ologbondiya

Kola Ologbondiya, Media Adviser to embattled National Chairman of the African Democratic Congress, ADC, David Mark, says the party is having issues with the Independent National Electoral Commission, INEC, because the ruling All Progressives Congress, APC, does not want a viable opposition.

Ologbondiya made this allegation on Wednesday when he featured in an interview on Arise Television’s ‘Prime Time’.

Recall that the ADC has recently been brewed with new crisis resulting in the stripping of former Senate President David Mark as national chairman.

Airing his own opinion, Ologbondiya said, “ADC’s issues with INEC and the divisions within parties are because the APC does not want a viable opposition.

“The supposed crises in political parties are being sponsored. The protest by the ADC leaders is simply to tell the president and those encouraging division that they will have a day of reckoning.

“This democracy started in 1999 precisely, and we have come this far to 2026, so what we should be expecting is growth, not a decapitation.

“Unfortunately, what is happening now is a movement, and a shift towards a one-party state instead of a multi-party democracy.”

2027: Intense political maneuvering as Niger APC scraps guber zoning

The political landscape in Niger State is shifting dramatically as the All Progressives Congress (APC) officially scrapped its long-standing zoning arrangement for the governorship, opening the door for a wider contest in the 2027 elections.

The party, through a statement dated 3 April 2026, signed by State Publicity Secretary, Musa D. Sarkinkaji, stated that the system is a political convention as neither the party’s constitution nor Nigeria’s Constitution recognises zoning as binding.

“Zoning is a political arrangement, not a constitutional provision. All qualified aspirants from any zone are free to contest, ” he said.

For over 26 years, zoning had guided the rotation of power among Niger’s three senatorial districts, creating predictability and a semblance of inclusiveness.

But critics say it also bred mediocrity, allowing leadership to be determined by geography rather than competence.

The APC decision was welcomed by some as a long-overdue step toward merit-based leadership.

Party insiders, however, warn that it could also intensify competition and strain relationships within its fold.

Musa–Bago Relationship Under Scrutiny

The perceived tension between Governor Mohammed Umaru Bago and Senator Mohammed Sani Musa (313) has drawn significant attention following Musa’s April 1, 2026 comments at the flag-off of a scholarship programme in Bosso area of the state, hinting he might have contested the governorship if not for zoning.

Posters portraying Musa as a gubernatorial aspirant soon surfaced across the state, feeding further political tension.

Political insiders suggest the remarks were triggered by perceived pressure from the governor, particularly over his alleged support for his long-time ally, Barrister Bello Bawa Bwari (BBB), also from Niger East for the same senatorial seat Musa currently holds.

Analysts say this development has strained a relationship built over years of collaboration, as Musa and Bago had previously teamed up during the 2023 APC governorship primaries and election, a partnership that helped Bago secure victory.

However, in a statement issued by his media office on 4 April 2026, Musa categorically denied any gubernatorial ambition, emphasizing his legislative duties and respect for the governor,

“Distinguished Senator Mohammed Sani Musa (313) has consistently and publicly stated that he is not a gubernatorial aspirant.

“The Distinguished Senator holds the office of the Governor in high regard, and recognizes His Excellency Mohammed Umaru Bago as a leader, brother, and partner in progress in the #NewNiger project.

“The Distinguished Senator remains focused on his legislative responsibilities and his mandate to effectively represent the people of Niger East Senatorial District at the National Assembly.”

The Media office further maintained that,” the posters and narratives suggesting otherwise did not come from us and clearly out to mislead the public.”

Party sources and analysts say Musa’s denial may have been influenced by pressure from party stakeholders and community elders, who sought to prevent escalation and maintain unity ahead of the 2027 elections.

Governor’s Alleged Backing of BBB

Sources within the party say that instead of supporting Musa, Governor Bago allegedly appears to favour his long-time ally, Barrister Bello Bawa Bwari (BBB) who both hail from Niger East zone for the senatorial seat in the forthcoming general election, a move said to have deepened the strain between the two leaders.

Party insiders confirm that this perceived support for BBB in the Niger East political space created unease, causing tension in the previously cooperative alliance between the two top political figures.

Analysts believe Musa’s subsequent denial may have been prompted by pressure from party stakeholders and community elders seeking to prevent further escalation.

Party insiders also say the alleged support for Bwari created unease, contributing to the strain between the two leaders.

Abolition of Zoning Changes Political Equation

Historically, zoning in Niger State started with the People’s Democratic Party (PDP) in 1999, introducing a rotation among the three senatorial districts.

Under PDP, the late Abdulkadir Abdullahi Kure (Niger South) governed from 1999 to 2007, followed by Dr. Mu’azu Babangida Aliyu (Niger East) from 2007 to 2015.

When APC took power in 2015, Abubakar Sani Bello from Niger North served two terms until 2023. Governor Bago, from Niger South, assumed office in 2023.

This means PDP spent 16 years under zoning, while APC has governed for 11 years following the same formula.

Critics argue that zoning prioritized rotation over performance, preventing the state from benefiting from the best leadership.

Impact on Niger East and Musa

The abolition of zoning by APC has a direct impact on Niger East, the zone from which Senator Mohammed Sani Musa hails.

Under the old formula, power would have rotated to Niger East after Governor Bago completed his second term in 2031, potentially positioning Musa as a natural contender for the governorship.

But with zoning scrapped, the rotation is no longer guaranteed, opening the race to aspirants from all zones and altering the political calculations for leaders from Niger East.

Voices from the Party

In an interview with DAILY POST, an APC chieftain, Jonathan Vatsa a former Publicity Secretary of the party, argued that the long-standing zoning formula has “imprisoned and enslaved the state for over 26 years as it promotes mediocrity instead of producing the best to lead the state”.

He added that those behind the arrangement had caged the people to favour the minority who could not win elections, insisting that removing the zoning formula is a welcome development for Niger State.

“It is only Niger State in the North Central that operates zoning.

“Look at Benue and Kogi states; they don’t do it. This move is long overdue ,” he said.

Vatsa, a former Commissioner for Information and Culture, urged both Bago and Musa to reconcile, noting their long history of collaboration.

I don’t really know what is happening between them. They have come a long way. If they allow differences to divide them, people will mock and laugh at them,” he said.

He added: “When two elephants fight, it is the ground that suffers,” cautioning party members against taking sides.

April Comment Sparks Speculation

Observers say the timing of Musa’s outburst contributed to heightened speculation around his political intentions.

Analysts caution that the political stakes for Niger East have never been higher, given the potential reshuffling caused by the end of zoning.

The APC’s decision has created a new political environment where competence, alliances, and grassroots support will play a stronger role than geographic rotation.

Suleja Emirate First Agenda Raises Concerns

The governor received leaders of the Suleja Emirate First Agenda group at the Niger State Liaison Office in Abuja on 25 March 2026, where he listened to their concerns and advocated a review of the zoning formula after the 2027 general elections.

The group, composed of 67 organizations from Suleja, Gurara, and Tafa LGAs, argued that their zone has been politically marginalized since 1979–1983, when it produced Alhaji Awwal Ibrahim as governor, now the Emir of Suleja.

They called for equitable political inclusion and voiced concerns over long-term exclusion from power.

Responding, Governor Bago stressed the importance of fairness and inclusiveness, urging the people to be patient while emphasizing that leaders must be held accountable for their performance.

In a Hausa-language video circulating after the meeting, the governor told the constituents:

“It’s a must for Sani Musa to serve you well. If he does not serve you well, we will change him. But if he does well, we will leave him alone.”

This statement reinforced expectations for performance while signaling that continued support depends on results, adding context to Musa’s political position in Niger East.

Political Analysis and Implications

Insiders say internal party management will be crucial to prevent open conflicts and maintain unity.

Observers also warn that the fallout between Musa and Bago, if not managed, could dominate headlines more than the 2027 elections themselves.

Despite these tensions, Musa remains committed to his legislative duties and has publicly emphasized respect for party structures.

The end of zoning has intensified discussion on the balance between merit, regional representation, and political loyalty.

For APC aspirants across all zones, the abolition signals both opportunity and uncertainty.

The coming months are expected to test the ability of party leaders to manage ambitions, perceptions, and expectations.

Political analysts predict that the APC governorship contest in 2027 will be one of the most competitive in Niger’s recent history.

Grassroots advocacy, historical grievances, and personal alliances will all shape the narrative leading to the polls.

As the state prepares for 2027, the interplay between historical rotation, local demands, and emerging ambitions will define political strategies.

The collapse of zoning is seen by some as a chance to correct long-standing inequities in leadership selection.

At the same time, it has exposed personal and political fault lines within the ruling party.

For Niger East, the stakes are particularly high given the governor’s alleged backing of BBB and Musa’s prominence.

Observers say managing these dynamics carefully will be critical for APC unity and electoral success.

With all the forces at play, Niger State’s political stage is set for a tense, high-stakes contest that will capture national attention.