NDC grassroot mobilizer, Ebitare dumps party one month after quitting APC

Published

1 month ago

June 28, 2026

Preport

Ahead of the 2027 general elections, a grassroot mobilizer for the Nigerian Democratic Congress, NDC, in Bayelsa State, Sunday Ebitare Thompson, has resigned his membership of the party.

The resignation was contained in a letter dated June 27, 2026, and addressed to the NDC chairman, Ward 13, Shagbama Local Government Area of the Bayelsa State.

Ebitare had on May 17, 2026, dumped the All Progressives Congress, APC, and moved to NDC alongside his supporters.

Although he did not state the reason for his resignation from the NDC, it may not be unconnected to the internal crisis that emanated from the party’s primary elections.

In the resignation letter sighted by DAILY POST on Sunday, Ebitare wrote, “I hereby formerly resign and withdraw my membership from the Nigerian Democratic Congress, NDC effective immediately.

“I appreciate the opportunity to have been a part of the party and wish the NDC success in its future endeavors.”

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

Published

3 hours 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

4 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.