Business
SHOCKING: Sen. Ken Nnamani quits PDP (SEE REASONS)
One of PDP’s backbone, Senator Ken Nnamani has left the party. He explained this in a statement below though where he is decamping to is yet to be known
Read Mr. Nnamani’s full statement below.
PDP, the Burden and My Conscience
Without any iota of bitterness in my heart, I have decided to disengage from the Peoples Democratic Party (PDP) and consequently step aside from partisan politics in the interim. I wish to express my profound gratitude to the party that gave me the platform with which I attained the height I did in the politics of our country.
How I wish the efforts I mounted with some of my colleagues (many of whom have left the party) to keep the PDP on the path of its noble vision and values had been supported by those who were privileged to be at the helm of affairs of the party, it would have been a different day for the PDP. It would have been a day of victory and pride not of defeat and shame.
I recall that the virus of corruption of values and mission was what those my colleagues and I set out to cure through the formation of the PDP Reform Forum in 2010/11. We worked hard to draw up a new direction for the Party.
This was to help steer the party away from illegality and impropriety so that PDP can fulfill its promise of being a vanguard of Nigeria’s political and economic development. A direction defined by strict adherence to basic rules and morality in the management of party affairs. Chief of these values is respect for choice of party members in electing party candidates for elections.
With more than half a decade of championing such a fundamental but simple idea, I regret that the PDP leadership continues to rebuff internal democracy. The party allowed itself to be blinded by hubris to believe that it will remain in power and influence for 60 years in spite of several gross missteps and grievous misnomer. We foresaw this ditch and prescribed how to avert falling into it. But we were dismissed as idealistic. Today the idealists have become realists.
Recently, even after our avoidable abysmal electoral defeat, I continued to believe that we can still chart a new course and retrieve victory from the jaw of defeat. I continued to urge the leadership of the party to believe that the time of defeat could be the time of renewal, and that renewal requires strategic thinking and bold actions.
I urged that this is a time to reembrace internal democracy and principled leadership to reposition the party for new politics. We are living in different times and we need new tools, ethos and codes of conduct. We need to become a party of technocrats and professionals and not a party of mercenaries and rent seekers.
We need to become the party of young men and women with new ideas and not a party of political dinosaurs. It is clear now that these pleas have fallen on deaf ears. Every day the crisis of confidence and the contradictions in our party deepen. We continue to lose members and morale. The rebuilding some of us had urged on the leadership is not happening. Those who led us to defeat are determined to continue to lead the party as undertakers.
I do not believe I should continue to be a member of the PDP as it is defined today. This is certainly not the party I joined years ago to help change my country. I do not also believe that the PDP as it is managed today will provide an opportunity for me to continue to play the politics of principles and values which I set for myself as a young man on leaving graduate school and working for a large multinational in the United States in the 70s and 80s.
Therefore, today I resign my membership of the PDP. In stepping out of partisan politics for the meantime, I will continue to be politically engaged. I will also continue to support the government and all the elected officers in Nigeria to repositioning the nation. I will also constructively criticize them when by commission or omission they take actions that could damage the prospects of transforming Nigeria into a productive, merit-based and honestly governed country.
As I leave PDP, I wish the leaders a new awakening and ethical revival. I cherish all the friends I made while in PDP and hope the friendship will continue to flourish.
God bless Nigeria.
Senator Ken Nnamani, GCON
Business
PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
*PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
To prevent any misunderstanding regarding our affiliation with the United Nations, we hereby provide a formal clarification on the status and identity of the United International Peace and Governance Council (UNIPGC), formerly known as IPGC.
UNIPGC is an independent Civil Society Organization and Non-Governmental Organization with continental chapters registered in the United States, Germany, Canada, and several countries across Africa. The organization is committed to promoting the values and principles of the United Nations, particularly in advancing Sustainable Development Goal 16 (Peace, Justice, and Strong Institutions), as well as advocating for good governance globally.
In furtherance of its mandate, UNIPGC has established partnerships with reputable diplomatic civil society organizations, including the United Nations Association of Nigeria and the United Nations Association of Ghana. These collaborations are aimed at strengthening its engagement with initiatives aligned with United Nations ideals.
Additionally, UNIPGC has entered into diplomatic relations with the International Organization for Economic Development (IOED), an Intergovernmental Organization (IGO), to enhance its capacity for international cooperation and diplomatic engagement.
We wish to clearly state that UNIPGC is **not** an entity, agency, or organ of the United Nations.
Members of the public and media practitioners are respectfully advised to refer to the organization by its full and correct name: **United International Peace and Governance Council (UNIPGC)**, and not as the United Nations.
Thank you.
Business
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz, one of Nigeria’s foremost comedy and live entertainment brands, is pleased to announce its official partnership with First Bank of Nigeria Limited for the highly anticipated Laffmattazz 2026 International Tour, themed “Next Chapter: A New Season of Laughter.”
Now in its 15th year, Laffmattazz—the brainchild of renowned Nigerian comedian Gbenga Adeyinka (Gbenga Adeyinka 1st)—has evolved into a cultural phenomenon, celebrated for its seamless fusion of comedy, music, and live stage performances.
The 2026 tour, which kicked off on Easter Sunday, April 5th, 2026 at the Jogor Centre, Ibadan, marks a significant milestone in the brand’s journey. Building on over a decade of success across Nigeria, this year’s edition signals a bold expansion into the international market, with a multi-city run in Canada, alongside major stops in Akure, Abeokuta, and Lagos.
This strategic partnership with First Bank of Nigeria Limited underscores a shared commitment to excellence and innovation. It is also aligned with FirstBank’s First@Arts initiative—a significant and ongoing program dedicated to supporting the creative arts, entertainment, and cultural sectors. Through this initiative, FirstBank provides financing, advisory services, and actively fosters a sustainable value chain for artists and creative entrepreneurs, while supporting key industry platforms such as the Nigerian Entertainment Conference.
Speaking on the collaboration, the Laffmattazz team stated:
“We are delighted to welcome First Bank of Nigeria Limited as a strategic partner for the Laffmattazz 2026 International Tour. As we mark 15 remarkable years of Laffmattazz, this partnership reinforces our vision to take premium Nigerian entertainment beyond borders, while delivering even bigger, better, and more memorable experiences for our audiences.”
As a key partner, First Bank will enrich the tour through innovative customer engagement initiatives, experiential activations, and exclusive fan experiences across all tour locations.
With its distinctive blend of humor, culture, and live entertainment, the Laffmattazz 2026 Tour is poised to connect audiences across cities and continents, bringing laughter to thousands of fans worldwide.
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About Laffmattazz
Laffmattazz is a premier Nigerian comedy and entertainment brand, now in its 15th year, renowned for its vibrant live shows and nationwide tours. Founded by Gbenga Adeyinka 1st, the brand continues to deliver high-quality experiences that celebrate creativity, culture, and laughter.
About First Bank of Nigeria Limited
First Bank of Nigeria Limited is Nigeria’s oldest financial institution, widely respected for its legacy of trust, innovation, and customer-centric financial solutions that support economic growth and development. Through its First@Arts initiative, the Bank continues to play a pivotal role in empowering the creative industry and driving sustainable growth across the sector.
Business
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
Anyone who has tried to get a loan to buy a house in Nigeria knows the drill: endless forms, property valuation, and eventual down payment of a minimum 25% or more on the property. Sometimes, interest rates could go as high as 30% per annum, while the typical loan limit is N50 million.
Now, FirstBank is making homeownership more attractive.
FirstBank, in partnership with the Ministry of Finance Incorporated (MOFI), has introduced the MREIF Home Loan. MREIF loan is a game-changer, offering a single-digit interest rate of 9.75% per annum, with a loan amount of up to ₦100 million and a repayment period of up to 20 years. This is perfect for salaried individuals, including Nigerians in the diaspora, looking to purchase homes in approved locations.
The MREIF loan stands out with its lower interest rate, higher loan amount, and flexible equity contribution as low as 10%. This makes it an attractive option for those seeking affordable homeownership.
You are one quick decision away from being a landlord.
If you’ve been waiting for the right time to buy a home, FirstBank’s MREIF Home Loan is the smartest route to owning property in Nigeria today. Visit the FirstBank website https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ to get started.
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