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Certified True Copy of court judgement deregistering NDC emerges [PHOTOS]

Published

1 month ago

June 28, 2026

Preport

The Certified True Copy of the Federal High Court judgment ordering the deregistration of the Nigeria Democratic Congress has emerged.

The judgment, delivered by Justice Isa H. Dashen at the Lokoja Judicial Division, effectively sets aside a December 10, 2025 judgment that had previously compelled the Independent National Electoral Commission to register the party.

The court said the prior judgment was nullified because it affected the legal rights of the Peace Movement Party, which claimed ownership of the logo used by the NDC but was never joined as a party to the original lawsuit.

Recall that the National Commissioner and Chairman of the Information and Voter Education Committee, of the Independent National Electoral Commission, INEC, Mohammed Kudu Haruna, on Saturday said that the commission was waiting to obtain the official paperwork before finalizing its response.

“We have applied for the Certified True Copy of the judgment. Until we receive it, we cannot be in a position to comment on it. However, the position that existed before the December 10, 2025 judgment was that INEC rejected NDC’s letter of intent to be registered as a political party,” Haruna explained.

The NDC had said that it has already been denied the portal access codes needed to upload its candidate list for the 2027 general elections.

In response to the portal denial, the National Publicity Secretary of the NDC, Osa Director, confirmed that their efforts to secure the necessary credentials were unsuccessful.

“We approached INEC to collect the access code to upload the names of our candidates to the INEC portal. They told us that they will get back to us,” Director said.

News

Osun guber: You can’t kill same people you want to govern – Dantalle warns politicians

Published

34 minutes ago

August 11, 2026

Preport

National Chairman of the Inter-Party Advisory Council, IPAC, Yusuf Dantalle, has expressed concern over the rising cases of electoral violence in Osun State ahead of the August 15 governorship election.

DAILY POST reports that several local government areas in the state have been identified as hotspots for potential election-related violence ahead of Saturday’s poll.

News

OpenAI reportedly completed a $7 billion employee tender offer

Published

2 hours ago

August 11, 2026

Preport

OpenAI has bought back $7 billion worth of shares from employees at the privately held frontier AI lab as part of an effort to provide liquidity to its workforce.

The deal, reported by Bloomberg, valued OpenAI at $852 billion, the same as its most recent fundraising round in March, which added $122 billion to the company’s war chest.

The company also filed confidentially with the Securities and Exchange Commission in June to prepare for a potential IPO later this year. However, a tender offer suggests that an IPO may not be forthcoming soon. With many tech companies remaining private longer than previous generations of startups, private tenders have proven a useful way for firms to allow employees to realize the value of their stock compensation without the difficulties that come with a public offering.

OpenAI did not respond to a request for comment by publication time.

Last month, OpenAI CEO Sam Altman wrote that “we did not have our best 12 months ever, which is mostly my fault, but we are about to have our best 12 months to date.” Firms going public typically want to show strong financial results to bring investors on board, and the Wall Street Journal reported in April that the company missed internal financial goals.

While OpenAI’s incredible growth and products are likely to generate massive interest in public markets, the potential debut of rival Anthropic — which was reportedly profitable earlier this year — gives the company a reason to ensure it puts its best face forward. The tender could be another signal that the much-anticipated offering will wait for OpenAI’s new strategy of paring down its bets and focusing on its enterprise business to gain traction.