News

Supreme Court clears Plateau LP governorship candidate for poll

Published

4 years ago

March 17, 2023

vicky

The Supreme Court on Wednesday dismissed an appeal challenging the emergence of Dr. Patrick Dakum as the governorship candidate of the Labour Party in Plateau State.

The appeal was filed by Yohanna Margif, who insisted he was the LP governorship candidate in the state.

While Margif said he won the LP governorship primary and remained the party’s standard-bearer, the party said he had voluntarily withdrawn his candidacy and also written to notify the Independent National Electoral Commission.

The party claimed that following Margif’s withdrawal, it conducted a fresh primary which produced Dakum as the governorship candidate in Plateau State.

Margif had challenged the party’s decision at the Federal High Court in Jos but lost.

Dissatisfied, he went on appeal but also lost, leading to his decision to approach the Supreme Court.

However, in a dramatic turn, Margif, through his lawyer, Opeyemi Ojo, withdrew the appeal on the grounds that it had become statute-barred.

A five-man panel of Supreme Court Justices, led by Justice John Okoro, consequently threw out the appeal, clearing the path for Dakum for Saturday’s governorship poll.

Related Topics:Supreme Court clears Plateau LP governorship candidate for poll

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News

I’ll never abuse Tinubu, he has my respect – Peter Obi

Published

36 minutes ago

September 25, 2026

Preport

The Nigeria Democratic Congress, NDC, presidential candidate, Peter Obi, says he would never abuse President Bola Tinubu, insisting that the President has his respect.

Obi made this statement on Friday at the 2026 All Nigeria Editors’ Conference in Enugu.

DAILY POST reports that the theme of the conference is: “The Ballot, the Media and the Task of Keeping Democracy Alive.”

According to him, political disagreements should focus on policies and performance rather than personal attacks.

“I cannot abuse any governor. I cannot abuse anybody in government. I don’t need to abuse people even in the federal government. I’ve never abused anybody. Who has seen me calling President Tinubu’s name? Never! I will not do that. He’s the President of the country, he has all my respect,” Obi said.

The former Anambra State governor, however, said respect for public office holders should not prevent citizens and the media from questioning their decisions and performance.

He added that the character and conduct of political leaders could influence the value of the wider society, urging editors to scrutinise politicians based on their records, statements and qualifications.

Business

Coronation Insurance Revenue Grows By 51% to N74.8bn in FY2025

Published

37 minutes ago

September 25, 2026

Preport

Coronation Insurance Plc has reported significant growth in insurance revenue and balance-sheet strength for the financial year ended December 31, 2025.

A statement released by the insurer after its 68th Annual General Meeting held in Lagos, the company’s Group insurance revenue rose by 51% N74.8 billion when compared with N49.5 billion achieved in 2024.

Insurance service result also rose by 93%from N5.5 billion to N10.6 billion during the year, while total assets rose by 27.7% cent to N98.1 billion.

Shareholders’ funds increased by 21.9% from 39.8 billion to N48.5 billion.

Profit before tax, however, declined to N9.6 billion from N13.8 billion in 2024, principally because the Company did not record the significant net foreign exchange gain that contributed to the previous year’s result.

Speaking at the AGM, Mutiu Sunmonu, Chairman, Coronation Insurance Plc, said the Company’s 2025 performance demonstrated the importance of building resilience while navigating a changing operating environment.

“The performance of Coronation Insurance in 2025 reflects a business that continued to grow while responding responsibly to significant changes in the market. Our focus remains on strengthening the business, protecting policyholders and creating sustainable value for our shareholders.”

Olamide Olajolo, Managing Director/CEO, Coronation Insurance Plc, said the Company’s revenue growth reflected the strength of its diversified business model, distribution capabilities and customer-focused strategy.

“We entered 2026 with a stronger operating platform, a broader distribution base and greater capacity to respond to the evolving needs of our customers. Our task now is to translate that foundation into deeper market participation, stronger customer relationships and sustainable growth.”

The Company also highlighted the performance of its bancassurance partnership with Access Bank, which generated N19.4 billion in Gross Written Premium for the Group in 2025, compared with N13.6 billion in 2024.

A representative of the Company’s shareholders, Mrs. BisiBakare, said:“We commend the Board, Management and staff for successfully meeting the recapitalisation requirements. We also recognise the progress recorded by the Company during the year. This achievement reflects the strength and resilience of the business, and we look forward to seeing the Company build on this foundation to deliver sustained growth and greater value for shareholders.”

The AGM considered the Company’s audited financial statements and other resolutions relating to its governance, Board composition, Audit Committee and future oversight

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