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Mutfwang Secures APC Governorship Ticket in Landslide Victory Ahead of 2027 Plateau Guber Race

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Governor Caleb Mutfwang has emerged victorious in the All Progressives Congress (APC) governorship primary election in Plateau State, officially clinching the party’s ticket for the 2027 governorship election after a commanding win across the state.

Mutfwang defeated fellow aspirant Yilchini Jan Bida following the collation of results from all 17 local government areas, recording an overwhelming lead in the exercise.

Announcing the results, APC Governorship Primary Election Committee Chairman and Returning Officer, Fidelis Bemse disclosed that out of 240,832 registered voters for the primary election, a total of 236,405 votes were cast statewide.

According to the final tally, Mutfwang secured 233,335 votes, while Bida polled 3,070 votes.

The governor dominated several local government areas including Jos North, Mangu, Kanam, Jos South, Shendam, Langtang North and Wase, posting massive margins in the polls.

Declaring the winner, Bemse stated that Mutfwang met all constitutional requirements of the APC and scored the highest valid votes cast, officially returning him as the party’s governorship candidate for the 2027 elections in Plateau State.

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THE KING RETURNS: Saheeto Signature Unveils Grand Abuja Relaunch With Global Ambitions

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After conquering Nigeria’s hospitality and catering landscape and taking its signature services to clients across America, Europe, and other international destinations, Saheeto Signature is making a bold statement in the nation’s capital with a landmark relaunch in the heart of Wuse.

For many in the hospitality industry, the return signals more than the opening of a new location—it marks the arrival of a premium global brand founded by one of Nigeria’s most recognized hospitality entrepreneurs, Prince Saheed Kekere-Ekun, famously known as “The King of Small Chops.”

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The new Saheeto Signature destination is set to redefine luxury hospitality, premium catering, executive events, and bespoke lifestyle experiences in Abuja, bringing international standards and world-class service to one of Africa’s fastest-growing capital cities.

Speaking ahead of the official unveiling, Prince Saheed Kekere-Ekun said the project represents years of growth, innovation, and a commitment to showcasing Nigerian excellence on the global stage.

“People know me as the King of Small Chops, but what we have built over the years has become much bigger than small chops. Saheeto Signature is about creating unforgettable experiences, whether in Abuja, Lagos, London, Atlanta, Houston, or anywhere our clients need us.”

The entrepreneur explained that the Wuse relaunch reflects the evolution of the brand from a successful catering business into a full-scale hospitality and lifestyle company serving elite clients, corporations, governments, and private celebrations across continents.

“Abuja deserves the very best. This city is home to diplomats, global business leaders, policymakers, and discerning residents who appreciate quality and excellence. We wanted to create a destination that reflects those standards while proudly celebrating our Nigerian roots.”

According to Kekere-Ekun, the new facility will offer an elevated customer experience featuring luxury catering services, premium event solutions, gourmet cuisine, corporate hospitality packages, private dining experiences, and exclusive lifestyle offerings tailored to the needs of modern clients.

“Every detail has been intentionally designed. Our goal is simple—to deliver world-class hospitality with consistency, creativity, and excellence. When people walk into Saheeto Signature, we want them to feel the difference immediately.”

Having successfully delivered services at high-profile events both within and outside Nigeria, the founder believes the brand is entering its most exciting chapter yet.

“We’ve served clients across borders and built relationships in different parts of the world. The experience gained internationally has helped shape what we’re bringing to Abuja today. This is a global brand with Nigerian DNA.”

Industry stakeholders have already described the relaunch as one of the most anticipated hospitality developments in the Federal Capital Territory, with expectations that the Wuse location will become a preferred destination for premium events and luxury experiences.

As anticipation continues to build, one message is resonating across Abuja’s hospitality and business communities:

The King of Small Chops is back.

Bigger than ever. More global than ever. And ready to introduce Abuja to the full Saheeto Signature experience.

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CBN to revise rules governing financial holding companies

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The Central Bank of Nigeria (CBN) has proposed the revision of the regulatory framework governing financial holding companies to bolstering the resilience and stability of the country’s financial system.

The regulator disclosed the plan in a circular signed by Rita Sike, the director of its Financial Policy and Regulation Department, on Thursday, inviting stakeholders to send their reviews of the guidelines by 9 July.

“Following several years of implementation, the CBN has identified areas within the extant guidelines that require enhancement to strengthen the operational effectiveness and regulatory oversight of financial holding companies,” the statement noted.

CBN stated that it would further promote a safe, sound and resilient financial system with the guidelines.

It noted that the overhaul was necessary after years of implementing the existing framework introduced in 2014 to mitigate the risks arising from the conduct of non-core banking activities within banking groups.

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The regulation review addresses gaps and aligns with evolving regulatory and market developments.

Revisions

Among the key revisions in the guidelines is the clarification and enhancement of minimum capital requirements for financial holding companies to ensure their capacity to serve as a reliable source of financial strength to their subsidiaries.

The revised guidelines also address identified gaps in shared services arrangements to prevent potential abuse or undue advantage over banking subsidiaries.

READ ALSO: Cardoso receives 2026 Central Banking Central Bank of the Year Award in London

According to the CBN, the revision takes into consideration the establishment of clear eligibility requirements for promoters seeking to set up financial holding companies.

The revised framework streamlines the structure of financial holding companies by permitting them, instead of their Nigerian banking subsidiaries, to directly own equity interests in foreign subsidiaries.

It also requires financial holding companies to maintain a minimum 51 per cent equity stake in each subsidiary and be registered as persons with significant control with the appropriate corporate registration authority.


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