APC Enugu Congress

At Okpara Square in Enugu, where the Enugu State chapter of the ruling All Progressives Congress, APC held its State Congress, Martin Chukwunweike emerged as the State Chairman of the Party, while Chukwudi Edozie was elected State Secretary.

Chukwunweike, who until recently led the Peoples Democratic Party in the State, was returned unopposed alongside other members of the new State Executive Committee, as the party adopted taffirmation method of voting.

The congress attracted Party members from across the state and was monitored by officials of the Independent National Electoral Commission, INEC.

APC Kwara Congress

 In Kwara State, the All Progressives Congress (APC) has officially returned and affirmed Sunday Fagbemi as the State Chairman, alongside 33 other executive members, for another four-year term in office.

The affirmation followed the State Congress supervised by national officials of the party, led by the Congress Chairman, Alkali Alibe, who declared the executives duly elected and returned unopposed.

Party stalwarts and members from across the 16 local government areas of the state thronged the congress venue in a show of unity and solidarity.

In attendance were the Kwara State Governor, AbdulRahman AbdulRazaq, the three senators representing the state at the National Assembly among others.

Ogun State APC Congress

The All Progressives Congress (APC) in Ogun State has elected Yemi Sanusi and 35 others as members of its State Executive Committee for a four-year term.

The election was ratified through a voice affirmation by 1,180 delegates and statutory delegates at the State Congress held today at the June 12 Cultural Centre Abeokuta. 

The exercise was supervised by the APC Congress Committee Chairman, Wale Ohu, alongside officials of the Independent National Electoral Commission (INEC).

Yemi Sanusi was re-elected as State Chairman. Other officials elected include Aminat Adigun as State Women Leader, Aderibigbe Tella as State Secretary, and Yemi Adelani as State Organising Secretary.

APC Congress Lagos

Cornelius Ojelabi Re-Elected Party Chairman.

The All Progressives Congress APC Lagos State Chairman, Cornelius Ojelabi has been returned in office to steer the affairs of the party for a second tenure following the state congress conducted in the state today by the Stella Okotete led congress committee.                                 

Ojelabi was cleared to continue as the Party’s State Chairman through a consensus arrangement with the party delegates who converged on Mobolaji Johnson stadium, Onikan stadium for the party's congress.

Governor Babajide Sanwo-Olu in his remark acknowledged the peaceful conduct of delegates noting that the APC structure in the state is next to none in the federation. 

EFCC Vs Yahaya Bello

Court to rule on admissibility of property documents in EFCC, Yahaya Bello case.

A Federal High Court in Abuja has fixed March 9, 2026 to rule on the admissibility of documents sought to be tendered by the Economic and Financial Crimes Commission EFCC in the alleged money laundering trial of the former Governor of Kogi State Yahaya Bello.

Justice Emeka Nwite adjourned for ruling after hearing arguments from both prosecution and defence on whether or not the property documents should be admitted in evidence.

The disputed documents included a title deed and an irrevocable power of attorney relating to a property located in Gwarinpa, Abuja, allegedly sold by Dantata & Sawoe Construction Company to Azba Real Estate Limited for 100 million naira. 

The documents were said to have been endorsed by Mubarak Dantata on behalf of the construction firm and Ali Bello for the purchasing company.

Counsel to the former governor, Joseph Daudu, S.A.N, objected to their admissibility, arguing that the documents were not properly certified by the appropriate authority.

He contended that as instruments relating to landed property, they must be duly registered and certified by the Abuja Geographical Information Service (AGIS) to have evidential value. 

Although the documents bore certification from the EFCC, Daudu maintained that the anti-graft agency lacked the statutory authority to certify such instruments.

Lead prosecution counsel, Kemi Pinheiro, S.A.N, urged the court to admit the documents, stating that they were relevant to establishing the transaction between the companies involved.

Justice Nwite subsequently adjourned the matter to March 9 for ruling on the admissibility of the contested documents.

Fellowship Conferment

NICA Confers Fellowship On Polaris And Union Bank CEOs Others....

The National Institute of Credit Administration (NICA) has at an investiture ceremony recently held in Lagos conferred its prestigious Fellowship on the Managing Director/Chief Executive Officer of Polaris Bank, Kayode Lawal, alongside other distinguished leaders across Nigeria’s financial and corporate landscape.

The NICA Fellowship represents the institute’s highest professional distinction and it is usually awarded to individuals whose leadership has significantly strengthened Nigeria’s credit environment, institutional governance frameworks, and financial system integrity.

The ceremony brought together senior financial sector executives, policymakers, regulators, and distinguished guests to celebrate excellence in credit administration and professional practice in Nigeria.

Also honoured was the Managing Director/CEO of Union Bank, Yetunde Oni, in recognition of her contributions to institutional governance and financial sector advancement.

Other honorees included Mrs. Olushola Momoh; the Vice Chairman of Channels Television, who was conferred with a Professional Fellowship Honours in recognition of her leadership contributions and professional impact.

The Founder of Xpress Payment Solutions Ltd, Dr. Awa Ibraheem also received an Honorary Fellowship Award in recognition of his strategic influence and impactful contributions to Nigeria’s payments ecosystem and financial innovation landscape.

In their remarks, representatives of the Institute emphasised the importance of visionary leadership in sustaining economic growth and strengthening responsible credit culture across the financial ecosystem.

Polaris Bank's CEO Kayode Lawal is said to embody the values of professional excellence, integrity, and strategic leadership that the Institute seeks to promote.

His contributions to strengthening financial discipline and institutional governance made him deserving of the distinguished honour.

The recognition further reinforced Mr. Lawal’s deepened distinction within Nigeria’s professional financial leadership community.

He was previously conferred with the Fellowship of the Chartered Institute of Bankers of Nigeria (CIBN) at the Institute’s Fellowship Investiture Ceremony held November 2025, at the Banquet Hall of the Wole Soyinka Centre for Culture and the Creative Arts, National Theatre, Iganmu, Lagos.

Polaris Bank has described the recognition as a proud milestone reflecting the institution’s enduring commitment to professionalism, innovation, and ethical leadership.

304th CBN/MPC Meeting

 Union Bank Reacts To CBN Cardoso’s Remarks With Calm Assurance

              

Union Bank of Nigeria has issued a statement in response to a recent media briefing queries at the Central Bank of Nigeria's (CBN) 304th Monetary Policy Committee (MPC) meeting; reaffirming its steadfast position in the course of ongoing regulatory engagements.

The bank's affirmation comes in the wake of Governor Olayemi Cardoso's clarification on the regulatory framework governing institutions under intervention while speaking on the complexities and structural considerations influencing the recapitalisation timeline.

CBN Governor Cardoso had said institutions currently under regulatory oversight are subject to unique circumstances that necessitate a differentiated approach, distinct from those institutions that have had an extended period to prepare for recapitalisation.

 The clarification was made in direct response to queries raised by journalists seeking insight into the operational status of banks under intervention.

Union Bank's Chief Brand and Marketing Officer, Mrs Olufunmilola Aluko explained that the CBN Governor's remarks aligned with Union Bank's consistent messaging to stakeholders reiterating that Union Bank remains a going concern with stable operations, resilient franchise and uninterrupted service delivery. 

Aluko explained that the apex bank Governor’s remarks reinforces what has consistently been Union Bank's position in all engagements with stakeholders; noting that Union Bank remains under strong regulatory oversight and active supervisory engagement. 

"The Bank is a going concern with a resilient franchise, stable operations and uninterrupted service delivery across all channels."

She noted that the bank has maintained and continued to maintain that all customer deposits are safe and secure, noting that the position has not changed. 

The Chief Brand and Marketing Officer, said the bank has continued to operate within the established regulatory framework, working transparently and constructively with the Central Bank of Nigeria towards full compliance in line with the applicable structure.

Mrs Aluko added that Union Bank is working constructively with the Central Bank of Nigeria towards full compliance, as part of a system-wide recapitalisation programme aimed at strengthening Nigeria's banking sector.

 She assured that Union Bank would provide updates as regulatory engagements progress while maintaining its commitment to customer protection, financial stability and service continuity.