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BREAKING: Peter Obi sues kinsman, Kenneth Okonkwo 

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Peter Obi, presidential candidate of the Nigerian Democratic Congress and former governor of Anambra State, has dragged his former loyalist and kinsman, Kenneth Okonkwo, to court. 

A suit made by Peter Obi’s legal counsel dated June 9, 2026, and signed by Chief Alex Ejesieme, SAN, of Alex Ejesieme (SAN) & Co. (Madiba Chambers) described Okonkwo’s allegations as fabricated and damaging. 

Recall that the Nollywood actor-turned-lawyer-and-politician, Okonkwo had alleged that Peter Obi and others had collected a bribe of N10 million from House of Representatives aspirants. 

However, Peter’s legal team said the claim is false. 

According to the legal document, Okonkwo stated in substance and effect:

“(a) That our client, Mr. Peter Obi, together with the leaders of the Nigeria Democratic Congress (NDC) in the South-East, informed the party’s aspirants that any person seeking to contest as a member of the House of Representatives must, after paying the prescribed expression of interest fee, pay a bribe of ten million naira (N10,000,000.00) to the NDC and to the caucus leaders;”

The document further outlines additional claims made by Okonkwo during the broadcast, noting his assertions:

“(b) that the said unlawful demand was accompanied by documentary proof; the person who relayed the information to you having sent the said information together with the receipt evidencing the payment;

(c) that our Client personally wrote and compiled the list of the party’s candidates from his hotel room at the Johnwood Hotel;

(d) that you warned the said aspirants that our Client is going to scam them;

(e) that our Client travels abroad to collect money from people; and

(f) that our Client and the leaders of the NDC in the South-East are perpetuating criminality.”

Rejecting the assertions, Obi’s legal team emphasized that the remarks directly target their client’s character, integrity, and public standing.

The chambers stated:

“The above statements, in their natural and ordinary meaning and by necessary implication, falsely and maliciously represent our client as a person who demands, solicits, organizes, and collects bribes; who extorts, defrauds, and swindles political aspirants of their money; who is a fraudster, a scammer, and a dishonest political actor; and who, in concert with others, is engaged in criminal conspiracy and is actively perpetuating criminality. These are extremely grave, damaging, and reckless imputations of bribery, extortion, fraud, financial dishonesty, and criminality directed at the character, integrity, reputation, and public standing of our Client.”

The letter goes on to describe the public nature of the statements as particularly troubling due to their rapid amplification across digital channels.

“For the avoidance of doubt, our Client states categorically that the said allegations are false, baseless, malicious, reckless, defamatory, and wholly unsupported by any fact. They were made with the clear intent and purpose of lowering our client in the estimation of right-thinking members of society, exposing him to hatred, contempt, and ridicule, and injuring his hard-earned reputation as a man of unquestionable integrity, a statesman, and a political leader. It is particularly disturbing that the said statements were made by you on live television and were thereafter republished, broadcast, and widely circulated through online and social media platforms, including video-sharing platforms, where such falsehoods spread rapidly and assume a life of their own. Your words were not mere political commentary. They crossed the permissible bounds of fair comment and constituted a direct assault on our Client’s person, integrity, image, and reputation.”

The law firm said that the right to freedom of expression does not permit the reckless destruction of another person’s reputation.

The firm’s listed demands require Okonkwo to immediately withdraw the defamatory statements in their entirety and publish a clear, unequivocal, and unreserved public apology to Peter Obi.

“This withdrawal and apology must be given equal prominence to the original broadcast and shared across all his social media platforms, including X (formerly Twitter), Instagram, Facebook, and YouTube.

Additionally, the legal team demanded a written undertaking that he will cease making or publishing further defamatory statements against their client, alongside a financial compensation package,” his legal team stated. 

Recall that in the past days Okonkwo had launched accusations at Peter Obi after dumping the African Democratic Congress. 

Okonkwo has not hidden his support for the presidential aspiration of Atiku Abubakar, former vice president, who emerged as the flagbearer of ADC ahead of the the 2027 general election. 

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“Africa Must Own Its Sporting Wealth” — Jide-Ojo Olusola Challenges Leaders at YORA Summit 2026

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Sports247 Chief Executive Officer, Jide-Ojo Olusola, has called on African nations to build sustainable sports businesses capable of retaining talent, attracting investment and generating wealth, insisting that the continent must move beyond producing outstanding athletes to owning the commercial opportunities their success creates.

Speaking during the sports development and creative economy discussions at the Year of Return Africa (YORA) Summit & Expo 2026 in Nairobi, Kenya, Jide-Ojo said Africa’s biggest sporting challenge was not a shortage of talent but the absence of strong structures to develop, promote and commercialise its sporting assets.

Jide-Ojo, who also serves as Media Aide to the Senior Special Assistant to the President on Grassroots Sports Development, Hon. Adeboye Anthony Adeyinka, emphasised the need for stronger domestic leagues and viable professional opportunities for African athletes.

“Africa must own it because we have it,” he declared, urging governments, investors and sports administrators to take greater responsibility for developing the continent’s sporting economy.

Drawing from over three decades of experience in the sports industry, Jide-Ojo explained that sports must be recognised beyond entertainment, recreation and physical fitness as a major economic sector capable of creating employment and attracting substantial investment.

He argued that African sports could achieve commercial success comparable to the continent’s music and film industries if stakeholders deliberately invested in professional competitions, broadcasting rights, sponsorship and digital platforms.

The Sports247 CEO also stressed the importance of creating competitive domestic leagues that would encourage athletes to build successful careers at home rather than depend entirely on opportunities abroad.

Highlighting emerging sporting properties, he cited Nigeria’s Showtime Flag Football as an example of how developing sports can create opportunities for athletes, sponsors, media organisations and entrepreneurs when supported by sustainable business structures.

Jide-Ojo further identified storytelling as a powerful instrument for transforming African sports into commercially attractive products.

He explained that compelling stories about athletes’ backgrounds, struggles, achievements and ambitions could build emotional connections with fans, increase stadium attendance and attract corporate sponsorship.

Using global football stars Lionel Messi and Cristiano Ronaldo as examples, he noted that consistent media exposure plays an important role in developing athletes’ public profiles and commercial appeal.

He consequently challenged African sports journalists and broadcasters to devote greater attention to grassroots competitions, emerging athletes and lesser-known sporting disciplines instead of focusing almost exclusively on established international stars.

Jide-Ojo also referenced projections suggesting that Africa’s sports business market could reach $20 billion by 2032 or 2033, although the estimate was not independently verified.

He maintained that the continent must establish stronger partnerships among governments, private investors, sports administrators and media organisations to unlock the economic opportunities within its sporting ecosystem.

His presentation reinforced YORA Summit 2026’s emphasis on African ownership, entrepreneurship and sustainable investment, with a clear message that the continent must not only develop sporting talent but also build the businesses that benefit from it.

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Leadway Named Insurance Company of the Year at 2026 BAFI Awards

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Leadway Assurance Limited  has been named Insurance Company of the Year at the 14th BusinessDay Banks and Other Financial Institutions (BAFI) Awards, held at the Civic Centre, Lagos.

The recognition marks the company’s third consecutive win in the category, following its victories in 2024 and 2025, reinforcing its track record of sustained performance and standing in Nigeria’s insurance industry.

The achievement comes on the heels of a strong 2025 financial year, during which its  revenue grew by 30%,from ₦173.2 billion in 2024 to ₦225.3 billion, while total assets increased from ₦1.024 trillion to₦1.155 trillion.

A statement released today noted that claims paid also rose by 17%, from ₦117 billion to ₦137 billion. 

Speaking on the award, Gboyega Lesi, Managing Director/CEO of the company said: “Being named Insurance Company of the Year for the third consecutive year is a strong affirmation of the confidence our customers place in us. That confidence is built on consistency, accountability, and our ability to deliver when it matters most.

He noted that the  ₦137 billion in claims paid in 2025 reflects this responsibility in tangible terms and reinforces our commitment to helping individuals and businesses navigate uncertainty with greater financial security.

“Our responsibility, however, extends beyond insurance. Financial wellbeing requires an integrated approach to protection, wealth creation, security, wellbeing and legacy planning. Through Leadway ecosystem, we are strengthening the connections across these needs to deliver more comprehensive solutions for individuals, families and businesses. This award is both an endorsement of the work we have done and a responsibility to keep raising the bar for service, value and trust across the industry.”

The leading insurer continues to evolve its product offerings in response to customers’ changing needs and emerging market opportunities.

In August 2026, the company introduced the Leadway Lifetime Plan, a whole of life insurance solution designed to extend financial protection to policyholders’ wider families while providing access to financial value during their lifetime.

In September, it unveiled the Arrival Pack, a specialised insurance solution for short term visitors to Nigeria and the businesses that serve them, ahead of the busy Detty December travel season.

Together, these offerings reflect Leadway Assurance’s commitment to product innovation and customer centric solutions, translating emerging needs into relevant insurance offerings that deliver value at different stages of life and across diverse customer segments.

Established in 2013, the BusinessDay Banking and other FinancialInstitution (BAFI) Awards celebrate outstanding performance across Nigeria’s banking and wider financial services industry, recognising the institutions and leaders shaping innovation, resilience, and growth

The post Leadway Named Insurance Company of the Year at 2026 BAFI Awards appeared first on Business Today NG.

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