News

2027: They’re using PMP to block NDC participation – Umeh

Published

2 months ago

June 30, 2026

Preport

The lawmaker representing Anambra Central Senatorial District, Victor Umeh, says the Peace Movement Party, PMP, is being used to block the participation of the Nigeria Democratic Congress, NDC, in the 2027 general elections.

Umeh made this allegation on Monday when he appeared as a guest in an interview on Arise Television’s ‘Prime Time’.

He maintained that the victory-sign logo is a global symbol, stating that it does not belong to the PMP.

“PMP is being used to block the NDC’s participation in the 2027 Elelection.

“When Peter Obi, Rabiu Kwankwaso, and some of us joined the NDC on May 3, the very next day, May 4, an application was filed seeking to set aside the party’s registration, even though the NDC had already been registered for about five months.

“The logo does not belong to the PMP because it is not a registered political party. A symbol only becomes exclusive to a party once it is registered with INEC as part of that party’s official registration.

“After that, no other political party can use it because it legally belongs to the registered party,” he said.

Recall that a Federal High Court in Lokoja, Kogi State, set aside its earlier judgment directing the Independent National Electoral Commission, INEC, to register the NDC as a political party.

News

“Smart City FC Is Ready And Motivated For The New NNL Season” – Abiodun Obafemi

Published

5 hours ago

September 1, 2026

Preport

Ahead of the 2026/2027 NNL season, teams have intensified preparations with the recruitments of new players and officials, as well as, engaging in trial games.

Lagos based NNL side Smart City Football Club, are leaving no stones unturned as it has doubled up its preparations to ensure it gets the much desired ticket to the topmost cadre of Nigerian football, Nigeria Premier Football League.

Speaking exclusively with Sports Chronicle Magazine, Abiodun Obafemi, who is the sporting director of Smart City FC, disclosed that the team is well prepared and better motivated ahead of the season’s task.

“We’re presently done with recruitments, we rounded up everything last week. So, we’re basically in the last phase of our preparations, with grade A friendly games lined up,” he disclosed.

Speaking on the targets of the management, Abiodun Obafemi, MON and a 1996 Olympic games gold medalist, said, “the target of all, including coaches, players and the leadership of team, of course, is to pick the sole NPFL ticket in our group.”

“We don’t just want to talk the talk, we want to do it this time around to make amend for the near misses of the last two seasons,” the former Super Eagles and Stationery Stores defender was full of praises for the management of the team for its commitment to the welfare and improvement of the team, ahead of the new football league season.

“In terms of motivation, the management has usual, has done their bit. And I can say that no Smart City player or official is being own a dime.

“Muchmore, there has been additional provisions of quality training materials, as well as, world class and modern football equipment,” he remarked gleefully.

“In my roles as a senior executive of the club, I remain committed to the development of the club, as well as, ensuring that all the units of the team, functions at their best to meet our seasonal goals. And our main objective this season, is promotion to the NPFL, which is long overdue,” he added.

Smart City FC have been placed in group B, and are expected to competed for the sole ticket to the NPFL, against other teams in the group, including, Beyond Limits FC, Ekiti United, Solution FC, Akwa United, Dokkal Khairu, Abakaliki FC, Bayelsa United and Right2Win FC.

Business

Sovereign Trust Insurance Receives NAICOM Recapitalisation Certificate

Published

6 hours ago

September 1, 2026

Preport

Sovereign Trust Insurance Plc alhas received its RecapitalisationCertificate from the National Insurance Commission (NAICOM), marking a significant milestone in the Company’s ongoing growth and transformation journey.

The certificate, issued following the Company’s successful compliance with the recapitalisation requirements of the National Insurance Commission, further reinforces Sovereign Trust Insurance Plc’s financial capacity, operational resilience and commitment to delivering sustainable value to its policyholders and other stakeholders.

Speaking on the development, the Managing Director/Chief Executive Officer of Sovereign Trust Insurance Plc, Dr. Lucas Durojaiye, expressed delight at the milestone, describing it as a testament to the Company’s resilience, strategic focus and the confidence of its stakeholders.

“The receipt of our recapitalisation certificate from NAICOM is a significant milestone for Sovereign Trust Insurance Plc. It reflects the strength of our business, the confidence of our shareholders and the dedication of our Board and employees to building a stronger and more resilient insurance institution.

“This achievement positions us for the next phase of our growth journey. We remain committed to strengthening our capacity to underwrite risks, deepening our market presence, enhancing our service delivery and creating greater value for our policyholders and stakeholders.

The recapitalisation milestone also underscores STI’s commitment to supporting the development of Nigeria’s insurance industry by maintaining strong corporate governance, improving operational efficiency and providing innovative insurance solutions that respond to the evolving needs of individuals, businesses and institutions.

With the certification, Sovereign Trust Insurance Plc is poised to further leverage its strengthened capital base to pursue strategic growth opportunities, enhance its underwriting capacity and reinforce its position as a trusted partner in risk management.

The Company appreciates its shareholders, Board of Directors, management, staff, regulators, business partners, brokers, agents, customers and other stakeholders for their continued confidence and support throughout the recapitalization process.

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