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From APC-INEC Tensions to CBN Licence Revocations

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APC-INEC tensions to CBN licence revocations dominated Nigeria’s headlines on Thursday as political, economic and security developments unfolded across the country. Fresh disagreements over senatorial candidates, a major banking regulatory action and the prosecution of an alleged fake government official captured national attention.

Other major stories include new police promotions, Atiku Abubakar’s appointment of Kenneth Okonkwo as his spokesperson and fresh complaints over flooding in Lagos.

APC and INEC Face Fresh Dispute Over Senate Candidates

A political showdown may be brewing between the All Progressives Congress (APC) and the Independent National Electoral Commission (INEC).

The disagreement followed the APC’s decision to revise its list of senatorial candidates after its National Assembly primaries.

The party reportedly restored six serving senators and altered primary outcomes across nine states.

INEC, however, warned that it would only recognise candidates whose names match the results officially monitored and uploaded by the commission.

The development could trigger legal and political disputes ahead of the 2027 general election.

Fake Agency Case Puts Presidency Under Spotlight

The Presidency is facing renewed scrutiny after the Federal Government arraigned Prince Adeniyi Adeyemi over an alleged fake presidential agency.

Authorities accused him of posing as the Director General of the Presidential Foreign Intervention Promotion Council and the Presidential Economic Advisory Council.

Prosecutors also alleged that he forged a presidential appointment letter and operated dozens of bank accounts linked to non-existent government agencies.

The case has raised concerns about identity fraud and the misuse of public institutions.

CBN Revokes Licences of 46 Microfinance Banks

The Central Bank of Nigeria has withdrawn the operating licences of 46 microfinance banks.

The apex bank said the affected institutions failed to meet key regulatory requirements.

The revocation took effect on July 1 after receiving approval from CBN Governor Olayemi Cardoso.

The move forms part of the regulator’s broader effort to strengthen compliance and improve confidence in Nigeria’s financial system.

PSC Promotes 93 Senior Police Officers

The Police Service Commission approved the promotion of 93 senior officers in the Nigeria Police Force.

The exercise elevated 13 Commissioners of Police to the rank of Assistant Inspector General.

The commission also promoted several Deputy Commissioners, Assistant Commissioners and Chief Superintendents.

Officials said the officers earned promotion after completing written examinations and oral interviews.

Atiku Picks Kenneth Okonkwo as Spokesperson

Former Vice President Atiku Abubakar has appointed actor and politician Kenneth Okonkwo as his spokesperson.

Okonkwo announced the appointment on his X account.

He thanked Atiku for the confidence placed in him and promised to support his public communication efforts.

The appointment comes weeks after Okonkwo criticised the African Democratic Congress over its vice-presidential candidate for the 2027 election.

Lagos Residents Count Flood Losses

Residents of Ayinke Street in Shogunle, Oshodi, blamed severe flooding on blocked drainage channels and a collapsed Nigerian Air Force perimeter fence.

They said floodwater destroyed homes, damaged vehicles and disrupted businesses.

Community members urged authorities to repair the damaged infrastructure and improve drainage before more rainfall arrives.

APC-INEC tensions to CBN licence revocations remain the biggest talking points in Nigeria’s latest news cycle. Political disagreements, banking reforms, criminal investigations and security developments continue to shape public debate. As these stories unfold, Nigerians will watch closely for fresh updates and official responses throughout the day.

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