INEC Fails To Open Defence Against Obi’s Petition

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The Independent National Electoral Commission, INEC, on Monday, failed to open its defence to allegation by candidate of the Labour Party, Mr. Peter Obi, that the 2023 presidential election was rigged.

The Presidential Election Petition Court, PEPC, sitting in Abuja, had resumed its proceedings to enable the electoral body to call its first witness to justify its declaration of candidate of the ruling All Progressives Congress, APC, Bola Tinubu, as winner of the presidential election that held on February 25.

However, when the case was called up for hearing, INEC, through its team of lawyers led by Mr. Abubakar Mahmoud, SAN, told the court that its witness was not available

Ne-Yo to feature as Joe Biden, First Lady host 4th of July White House concert

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President Joe Biden and first lady Jill Biden will host their third Fourth of July celebration on the South Lawn on Tuesday.

Grammy winners Ne-Yo and Brothers Osborne have been scheduled to perform, along with artist and producer DJ D-Nice at the concert.

Also performing for the military and veteran families in attendance will be singer-songwriter and veteran Army spouse Becca Rae Greene, as well as ensembles from “The President’s Own” United States Marine Band, U.S. Army Band, U.S. Army Old Guard Fife and Drum Corps, U.S. Navy Band, and U.S. Air Force Band.

The president and first lady will make remarks during the evening and watch, from the White House, the Independence Day fireworks extravaganza as it unfolds over the National Mall.

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EU’s electoral report aligns with local observers, TMG tells INEC, FG

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The Transition Monitoring Group has expressed concern over the dismissal of the European Union (EU) Electoral Report by the Independent National Electoral Commission (INEC) and the Federal Government.

In a statement by the Chairman of the election monitoring group, Auwal Musa Rafsanjani, stated that the EU’s report aligns with that of local observers and civil society groups working on election observation and democracy monitoring, they had earlier raised similar concerns about gaps in the electoral process in Nigeria.

“The recommendations by the European Union align with the views of many civil society groups and local observers. It is imperative that the government and INEC review those recommendations and work towards addressing the gaps in the electoral processes in order to make our electoral system more transparent, accountable and participatory to restore confidence in the process,” he said.

NGX, CIS, others honour Subomi Balogun

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The Nigerian Exchange Limited (NGX), Chartered Institute of Stockbrokers (CIS) and other market participants on Monday held a mock-trading session and Closing Gong Ceremony in honour of the late Subomi Balogun, the founder of FCMB Group.

Mr Balogun died on 18 May in London following a brief illness. He was 89.

Speaking during the ceremony, the Chief Executive Officer, NGX, Temi Popoola, emphasised that the late Mr Balogun was a blessing to the capital market.

“We are here to pay tribute to somebody that without him, we really cannot talk about our markets, and I am sure that there are many careers here that he helped shape, and mine is a good example.

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“We can’t express our gratitude to him enough for what he did to help our industry expand. It is difficult to locate another family in Nigeria like the Subomis that can represent on the Exchange as they doing now. We are very grateful, and we assure them that they can count on our support going forward as the family continues to drive their strategic goals,” Mr Popoola said.

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