Several state chapters of the All Progressives Congress (APC) have rejected the Rainbow Coalition promoted by Minister of the Federal Capital Territory, Nyesom Wike. Party leaders asked Wike to formally join the APC if he is committed to President Bola Tinubu's re-election. This reaction follows a renewed confrontation between Wike and APC governors over the political structure Wike is assembling ahead of the 2027 general elections.
The Federal Government has opened discussions with the World Bank for three new loans totalling $1.5bn. Nigeria's public debt climbed to a record N166.79tn at the end of June 2026. The proposed financing comprises three separate $500m facilities for climate resilience, social protection, and early childhood development. The World Bank has fixed October 29, 2026, as the estimated date for consideration by its board.
Some APC state chapters welcomed Wike's support for Tinubu and said they would receive him if he decided to defect to the ruling party. Others opposed the coalition outright, arguing that a politician could not simultaneously support the APC at the presidential level and candidates of other parties in governorship and legislative elections.
The Nigeria Democratic Congress (NDC) has commenced registration of support groups ahead of the 2027 election, causing a fresh row between the party and some support groups backing its presidential ticket. The Obi-Kwankwaso Movement and the Kwankwassiya groups have registered their disagreements. The NDC had earlier warned state chapters against collecting fees from groups seeking registration.
The Federal Government has approved new guidelines for the debarment of contractors, consultants, and service providers. The guidelines outline six grounds that could lead to their exclusion from Federal Government procurement for between three and five years. The grounds include offering bribes or other benefits to influence procurement decisions and conviction for fraud.
The Ogun State Police Command has arrested 11 suspects and recovered 25 Automated Teller Machine (ATM) cards, three firearms, and two suspected stolen vehicles during an 11-day security operation. The ATM cards were recovered from a 45-year-old man, Ameachine Anthony, who was arrested in Igbesa over an alleged N2.5m fraud.
The Punch Newspaper reported that Olugbenga Ige, a journalist with over nine years of professional reporting experience, compiled the morning news recap. The stories reflect deep newsroom experience, editorial judgment, and a commitment to accurate, impactful journalism.
Key points
- APC chairmen reject Wike's coalition, demanding his defection to the party.
- FG seeks fresh $1.5bn World Bank loan for climate resilience, social protection, and early childhood development.
- NDC and Obi-Kwankwaso camp lock horns over registration of support groups ahead of the 2027 election.