Author: Vincent Osuwo

Paraguay president Peña resigns amid Ueno Bank crisis

Paraguayan President Santiago Peña has reportedly stepped down amid a political crisis triggered by the collapse of Ueno Bank, a digital lender allegedly tied to his former business interests. In a video message shared on social media on Thursday, Peña announced his resignation, stating that his decision was aimed at safeguarding the country’s stability, social peace, and democratic institutions. “I want to apologize to the people if at any point I fail. It was never my intention to betray the trust you placed in me,” he said. According to Reuters, the resignation came after Paraguay’s lower house of Congress moved…

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Iran walks out of UNGA over Trump ‘annihilation’ threat

US President Donald Trump has signed an order declaring the Oval Office a national monument, a step he said would stop future presidents from changing or tearing down the historic space. Trump signed the order on Thursday, continuing to focus on White House renovations even after his Republican Party suffered a major defeat in the midterm elections. Critics have charged the president with devoting more attention to construction and renovation projects in Washington than to voters’ concerns about the war in Iran and the rising cost of living issues that were prominent in the run-up to Tuesday’s midterm elections. One…

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Festus Keyamo

The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, SAN, has welcomed the Federal High Court judgment delivered on Thursday that removed the Senator David Mark-led leadership of the African Democratic Congress (ADC), stating that “justice may be slow, but it is always sure!” Keyamo, reacting to the outcome, said the manner in which the party was taken over could not stand. He said, “You cannot invade a political party owned and built by Nigerians and hijack it with the connivance of a so-called National Chairman without a prior meeting and approval of a mini National Convention or the…

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TERRORISTS kidnap six mourners conveying corpse to Benue

Terrorists killed two people and abducted 20 during an attack on the Akwando community around 12 noon on Wednesday in the Kachia Local Government Area of Kaduna State. The terrorists attack was made known by Joseph Ariko, President of the Kuturmi Unity Development Association, along with its Publicity Secretary, Hon. Manasseh Akwando, who shared the details on Thursday, as they voiced concern over what they described as repeated killings, abductions, and displacement of residents in Kuturmi communities. The association condemned the latest terrorists attack, stating that it marked yet another troubling development in the ongoing security challenges facing the area.…

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President Donald Trump expressed doubt about renewed fighting with Iran, telling CNN it was “highly unlikely,” before a Monday meeting with Qatar’s prime minister.

US President Donald Trump blamed Thursday’s stock market plunge on the electoral win of his Democratic Party rivals in this week’s midterm elections. “The Stock Market crashed today because the Dumocrats had a big Tuesday so sad to see, you only have yourselves to blame!” Trump posted on his Truth Social platform after US markets closed for the day. Analysts blamed Thursday’s stock selloff on worries that Democrats could endanger the AI data center investment boom, with the tech-heavy Nasdaq posting its worst single-session percentage drop since April 2025. Data centers have drawn widespread opposition from US voters across party…

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Babajide Sanwo-Olu speaking at a democracy lecture in Lagos

The Lagos State Government is convening electricity regulators, distribution companies, resellers, and suppliers to tackle ongoing power supply challenges as it pursues a route to round-the-clock electricity throughout the state. The Commissioner for Energy and Mineral Resources, Biodun Ogunleye, stated that the stakeholders would use the 2026 Lagos Energy Summit to scrutinize structural issues in the electricity sector and devise practical solutions to enhance supply. He made this known on Thursday during a press briefing held ahead of the three-day summit, which is scheduled to take place from November 10 to 12, 2026. The initiative reflects an effort to resolve…

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2027: Tinubu rules out fuel subsidy return, promises prosperity

President Bola Tinubu stated on Thursday that the political and leadership abilities required to match his qualifications were not possessed by his rivals in the January 16 presidential election. Tinubu, who claimed that since taking office his administration had fulfilled the electoral promises he made in 2023, which had driven significant development across the country, said his bid for a second term was aimed at building on his first-term accomplishments. The President, who was represented by Vice President Kashim Shettima, made these remarks in Ado Ekiti on Thursday at a presidential rally organized by the All Progressives Congress Presidential Campaign…

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Atiku warns of protest, says Nigerians are hungry

Former Vice-President Atiku Abubakar has vowed to contest at the Court of Appeal the Federal High Court judgment delivered on Thursday that nullified the leadership of the African Democratic Congress under former Senate President David Mark. Atiku characterized the ruling as an effort to weaken the opposition party and to frustrate his presidential ambition in the run-up to the 2027 general elections. He further asked why another suit had been filed against the Mark-led leadership, given an earlier judgment by the same Federal High Court that he said had confirmed its legitimacy. Atiku’s stance was set out in a Thursday…

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INEC to decide on Atiku 2027 ticket after court judgement

The African Democratic Congress (ADC) has rejected the Federal High Court ruling nullifying the leadership of its National Working Committee led by former Senate President David Mark and invalidating the emergence of former Vice-President Atiku Abubakar as its presidential candidate for the 2027 general elections. The party announced that it would contest the ruling through all judicial avenues available, contending that the decision raised worries regarding the political rights of its members and candidates in the run-up to the general elections. Bolaji Abdullahi, the ADC’s National Publicity Secretary, made this known in a statement released on Thursday. The party further…

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Court removes Atiku as NDC candidate, sacks Mark-led NWC

The Federal High Court in Abuja on Thursday annulled the leadership of the African Democratic Congress headed by former Senate President David Mark and voided all decisions the party made under that leadership, including the emergence of former Vice-President Atiku Abubakar as its presidential candidate for the 2027 general elections. In a judgment, Justice Peter Lifu declared the Mark-led Caretaker Committee illegal, noting that it conducted the party’s presidential primary that produced Atiku as its flag bearer. The court also nullified the emergence of former Minister of Interior Rauf Aregbesola as National Secretary and other national officers, along with the…

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