₦airaland Forum

Ofunaofu:
2027: NDC mandates governorship, National Assembly candidates to sign anti-defection forms

BREAKING: NDC has introduced a strict anti-defection policy mandating all our candidates for elective offices to sign indemnity and affidavit forms, committing to vacate their seats if they defect from the party after winning elections.

By implication, any NDC candidate that… pic.twitter.com/Ih5jQ8XMu7

— Thεό Abu (@TheoAbuAgada) June 16, 2026

https://gazettengr.com/2027-ndc-mandates-governorship-national-assembly-candidates-to-sign-anti-defection-forms/

Waste of paper and ink because ex turpi causa non oritur actio! In English language it means you cannot enforce an illegal agreement in a court of Law! Unconstitutional!! The Constitution already provides for the procedure to recall one elected. NDC cannot enforce the so called anti-defection Forms! The voters own the mandate afforded the elected on the platform of the political party. Transactional politicians like The Don of NDC and the Maigida in Kano not forgetting The Angulu himself The Carrion Master have further exposed themselves for who they really are! Trust the Angulu to outsmart them all like he did Dim Odumegwu Ojukwu. That letter won't work to hold Peter Obi down in the NDC when the sweet gets to be in short supply! Could the beggarly Kenneth Okonkwo, stain and all, be right after all about the NDC 10 Million naira bribe allegedly demanded from folks who intend to contest on the NDC Platform?🧐🧐🧐

Kennitrust:
https://dailypost.ng/2026/06/16/i-won-2023-presidential-election-forget-about-proof-peter-obi/

Delusion is a fatal phenomenon! It follows you to the grave!!

lazy blokes who will end up as hewers of wood and drawers of water unless they change their unproductive ways of life. entitled mentality is unproductive. you can own the land and be owned on the land: that is South-Africa summed up!

MCentral:
Nigerian payments unicorn Flutterwave, which received a strategic investment from Ripple at a N4.432 trillion ($3.2 billion) valuation, is now larger than 8 of the 10 largest Nigerian banks by market capitalization, signaling the fintech sector’s rapidly ascending stature in Africa’s most dynamic financial ecosystem.

Flutterwave’s ₦4.432 trillion valuation premium highlights a profound shift in market perception, as international private equity capital increasingly values transaction velocity and scalable digital infrastructure over heavy physical balance sheets and high branch networks.

Flutterwave vs. Nigerian banks valuation comparison

Flutterwave’s N4.432 trillion valuation is now bigger than FirstHoldCo Plc which has a market cap of N2.8 trillion, Stanbic IBTC N2.734 trillion, United Bank for Africa (UBA) N1.83 trillion, Access Holdings N1.302 trillion, Wema Bank N1.24 trillion, Fidelity Bank N1.226 trillion, FCMB N732 billion and Sterling bank N406 billion, according to data compiled by MoneyCentral.

Only Zenith Bank with market cap of N4.928 trillion and Guaranty Trust Holding Company (GTCO) at N4.6 trillion is bigger although Flutterwave is closing in fast on them too.

Flutterwave’s Banking license may squeeze banks further

Flutterwave Inc., announced in April 2026 that it had secured a Nigerian banking license, which would mean more competition with traditional banks.

This license enables the company to hold funds and deposits directly, strengthening its financial infrastructure across its largest market and enabling more efficient financial services and settlement flows for consumers, businesses and enterprises.

By securing this banking license, Flutterwave gains greater control over how funds move within its ecosystem, including the ability to hold deposits and manage financial flows across its platform.

Nigeria represents one of Africa’s most dynamic financial ecosystems, with trillions of naira moving through digital payment channels each year. By operating more directly within the regulated financial system, Flutterwave can further optimize how money moves across its platform and improve settlement efficiency across its network of merchants, businesses and consumers.

“This milestone allows us to make our infrastructure more efficient and deliver faster, more reliable financial services,” said Olugbenga Agboola, Founder and CEO of Flutterwave. “By operating directly within the financial system, we can streamline money movement, accelerate settlement for merchants, and build products that support sustainable long-term growth.”

The banking license enhances Flutterwave’s core payments business by allowing the company to optimize settlement flows and manage funds more efficiently within its ecosystem.

Outlook

Flutterwave’s N4.432 trillion valuation surpassing 8 of Nigeria’s 10 largest banks marks a watershed moment for African fintech, demonstrating that payments unicorns can now compete with traditional banking institutions on valuation metrics.

The N4.432 trillion valuation reflects a 158% premium over FirstHoldCo’s N2.8 trillion market cap and represents a 985% valuation premium over Sterling Bank’s N406 billion.

This valuation gap signals investor confidence in Flutterwave’s growth trajectory, digital payment scale, and potential to capture Nigeria’s trillions of naira moving through digital channels annually.

Flutterwave’s April 2026 banking license acquisition transforms the company from payments processor to full-service financial institution, enabling it to hold funds and deposits directly. This capability strengthens financial infrastructure across Nigeria—Flutterwave’s largest market—and enables more efficient financial services and settlement flows for consumers, businesses and enterprises.

The banking license grants Flutterwave greater control over fund movement within its ecosystem, including deposit holding and financial flow management across its platform. This operational control reduces reliance on partner banks, lowers settlement costs, and accelerates transaction processing—key competitive advantages over traditional banks with legacy infrastructure.

By choosing safe government yields over real-sector credit, traditional banks are protecting their short-term profits but leaving an immense commercial lending vacuum. This enables high-velocity tech platforms to capture market share and achieve premium private-market valuations.

Building on its acquisition of the open-banking platform Mono, Flutterwave is introducing advanced treasury tools alongside real-time working capital financing and merchant lending.

By analyzing actual daily transaction flows moving across its terminals rather than relying on stale financial statements, the platform can automatically underwrite micro-loans, safely avoiding the rising expected credit loss provisions that are currently hitting retail bank books, such as Fidelity’s ₦18.1 billion Q1 impairment provision.

SendApp’s 1 million+ users gain enhanced financial services including personal account numbers and instant transfers without switching apps, creating a unified banking and payments experience. This integration eliminates friction points that traditional banks face with separate banking and payment applications, potentially accelerating customer adoption.

Flutterwave for Business’s 2 million+ businesses can now open accounts, manage payouts, run payroll, and access multi-currency capabilities directly through the platform. This comprehensive business banking suite competes directly with traditional banks’ corporate offerings, potentially disrupting the B2B payments and treasury management market.

The new smart financial tools—including working capital financing, merchant lending powered by real transaction data, and treasury and savings products—leverage Flutterwave’s transaction data advantage. Traditional banks often have limited access to real-time merchant transaction flows, limiting their lending precision and risk assessment capabilities compared to Flutterwave’s data-driven approach.

The banking license intensifies competition with traditional Nigerian banks, particularly smaller institutions like FCMB, Sterling Bank, and Fidelity Bank that Flutterwave now exceeds in valuation. These banks face margin pressure as Flutterwave’s operational efficiency and data-driven lending potentially capture deposits, payment volumes, and lending market share.

The Ripple strategic investment at N4.432 trillion valuation validates Flutterwave’s position in blockchain-based enterprise solutions for traditional and digital finance. Ripple’s involvement potentially accelerates Flutterwave’s stablecoin payment capabilities, creating competitive advantages in cross-border payments and settlement efficiency.

Investors should monitor whether Flutterwave will pursue additional banking licenses in other African markets, expand its lending book using transaction data, and whether traditional banks will respond with digital transformation initiatives or defensive pricing strategies. The fintech-banking valuation convergence suggests African capital markets may increasingly favor digital payment platforms over traditional bank stocks.

https://moneycentral.com.ng/exclusive/article/flutterwave-now-larger-than-8-of-nigerias-ten-biggest-banks-by-market-valuation/

How is the hardest working Oga moniepoint doing?

SecuritybriefNg:
Let's Discuss About This.
Cc;  Nlfpmod, Mynd44, Seun, HumbledbYGrace, osystein

After one down Baby Seyi throws tantrum.

Eba50:
that's y I like Russia and china. Elton John and his husband/wife, david furnish, went to Russia to adopt pikin, only to be informed that under Russian law, to adapt a kid, u must be properly married. their definition of relationship and marriage is Union between man and woman.them discharge them commot

Demented folks. Distorted and twisted in every way imaginable! Shame long lost meaning to them.

Daguccizgreat:
Two mad fellows. Imagine trying to penetrate the anus of a 13 months old boy. Adoption by gay couples should be banned in the west

Death sentence is what they deserve. That society pukes rottenness in the name of civilisation!

BlackViper:
This is possibly the worst crime in modern history.
Two men "adopted" a baby.

"A post mortem examination identified more than 30 external bruises, as well as internal bruising to his mouth and throat, internal bruising to his anus, bowel and bladder, lacerations to his anorectum, and a perforated bowel."

"One medical expert gave evidence that a bruise on the baby’s bottom appeared to be a human bite mark."

Think what this poor baby went through. The men who did this should be put to death.

Gay men should not be able to buy babies. Period.

In the first place it is wrong to legalise homosexuality and same sex marriage. What just happened is a spin off from such things. It is clear that such laws run against the grain of what nature clearly says to be. A refusal to acknowledge God is bound to produce such a society!

BlackViper:
https://www.bbc.com/news/articles/cvgld0vywpmo

They and the society that legalised same sex marriage and homosexuality are beasts! Is the anus made for sex? Common sense and science clearly suggests that the anus is not made for sex. Now, that is the society our folks flock to for survival and get their children and next generation corrupted by the rotten system. Quite unfortunate!
Romans 1:28
New International Version
“Furthermore, just as they did not think it worthwhile to retain the knowledge of God, so God gave them over to a depraved mind, so that they do what ought not to be done.”

wink2015:
Huh

LEARN TO READ BEFORE YOU COMMENT.

She did not say State Police is wrong.

According to her State Police is needed but noted that the federal government should do more than state police.

She says comprehensive restructuring is desirable to make Nigeria a true federation.

She said there are too many powers with the federal government. In

In summary, does her position advance the the establishment of State Police NOW? Do please be intellectually honest in your answer?

Great! One hopes the Governor will be courageous enough to sign the bill execution warrant! Condemned prisoners in Nigeria are awaiting execution because the State Governors have not been signing the execution warrants over time in flagrant violation of their oaths of office.

Chygozdegreat:
we are all Nigerians and have right to live anywhere in the country

Sure! That is not what is in view.

Counterigbolies:
so it was Ghanaians that voted him in the last election?

holding on to yesterday will deny you the reality of today. the political landscape has changed. do you honestly think that the North will vote for a man who plays identity politics and will release Nnamdi Kanu a convicted fellow from prisoner.

Especially a Peter Obi the identity politician who is running for President so he can release Nnamdi Kanu a convicted fellow from Sokoto Prison. You think the North like that ! You wait till 2026.

benalvino3:
GracieX3, you have to give it to Trump. This is a spectacle right?

This was incredible. 🇺🇸🇺🇸🇺🇸 pic.twitter.com/1xcTKtZlFK

— Tim Young (@TimRunsHisMouth) June 15, 2026

Merika!😀

IbrahimSola:
Let me predict. Wike will defect to APC once the elections are over. For now umbrella is mixing with broom to produce rainbow. For now, Wike wants to wait and commit the remains of PDP to mother earth before departing. RIP PDP after 2027.

Once he enters APC, casala go burst. The house shall begin to divide against itself. Then part of the concession agreement will be to help him emerge as VP in 2031.

But in politics, just as in real life, after you're bleeped, you wear back your clothes by yourself. It doesn't whether you were begged to be undressed, but once you're bleeped, nobody helps you to dress up

Wrong! Wike stays in PDP!! Kingmaker in town!!! #respect

Hezzyluv:
Good for him. But the problem here, he dare not make obvious mistake that would caused them next stage. If that happens, Japanese might not take it likely with him.

Banzai! To The Emperor!!!

You won't find such in The South-African Banana-Banana Football Team! The pathetic xenophobes march and march against him for taking their goalkeeping job. The goalkeeping job they kept the other day ended in a shameful defeat with their rough and tactless play! Washwash!!!

Kaliningrad:
U.S B-52 Bomber Aircraft Crashes During Take Off (Photos)

---

The Guardian || CNN

About time the old buff go rest abeg.🤣

In one breath you are asking for your girls to be brought back while in another breath you say State Police is not it🧐. Truth is, no one knows the terrain better than State Police. Everywhere in the world that policing g has been properly done community and state police has been the way to go! The Sheriff knows almost everyone in his town and they know him. In the typical Borough it is not a secret that your next door neighbour is a police man or woman who will help tell your folks back home when the day's work is done that he just locked you up for some infraction and that your folks get dinner across to you in the cell!😅

richmond500:
There could be heavy protest that might lead to a revolution if the Nigerian govt and opposition can't differentiate governance from politics

Have we had a revolution against the political class who misgovern us? Which revolution do you talk about? FIFA you must know you are fighting the battle of liars, thieves, corrupt and illicit and identity politicians. You know them. If you all are serious about good governance did we not have an opportunity to clamour for Osinbajo, Ngozi Okonjo Iweala and their likes who abound in Nigeria and are not in the category of Amaechi, Atiku, Tinubu- who failed woefully in keeping his word concerning electricity , El-Rufai, Fatcat Aregbesola, Grasscutter Babachir Lawal... I could go on!

Its getting better at "low" now up from zero!

fergie001:
Francis Nwifuru
Ebonyi State Governor

This one needs to study the life and times of Col. Emeka Ojukwu closely. His choices in life chased him everywhere. He had no rest until he began to make the right choices. Chest beating helps no one!

peterincredible:
lool u won tell me about my people abi?

Please be humble enough to learn. If Igbo were the largest population in the South-South why was it an Official policy in Rivers State during and after the Civil War to classify the property of the Igbo as Abandoned Property? Why? The way you are carrying on folks fear you will dominate them if you ever get to have the Presidency. You worsen matters.

Chygozdegreat:
We igbos need more inlaws from lagos is just a matter of time we will become the governor of lagos state

The exact example of what Baba Chinua Achebe advised the Igbo against. Do you suppose that a typical indigene will welcome such an utterance. Give these things some thought before uttering them. Such statements breed resentment against the Igbo North, South and West of Nigeria, Ghana, South-Africa et al as the indigenous population are bound to feel that you are out to supplant them! I once lived in the South-East of Nigeria and know firsthand the Igbo will not tolerate one quarter of what they give to their hosts in Yorubaland. . Choose to be wise so you will not labour in vain. It is labour in vain if your profit does not combine with a sound and humble character that wins acceptance with your hosts.

peterincredible:
we have always been quite but if u bring your nonsense to us we will turn on our aggressive side. I once shouted at a Yoruba man who tried to bully me. When he noticed my other side he turned it to a tribal statement but his people have to control the situation because he was clearly wrong. This is the usually pattern I have seen. They always try to belittle you or insult you then when u reciprocate then they want to play the tribal card rubbish..this is the era of bigotry 4 bigotry as a delta man we have Yorubas every where in my place we no dey intimidate or try to bully them.
And maybe you don't know the biggest/largest tribe in the south south is the igbos we have always been quite if we join the eastern igbos and north central igbos follow una with this same energy heen no go funny oooo

Just read a little and you will see meaning in what Baba Chinua Achebe said above and have a change of lifestyle so that coming Igbo generation will not have the same I Before Others mentality that ultimately produces a harvest of victim mentality when it comes full circle. No one hates you!
1. What happened to the property of the igbo  in the South -South after the Nigerian Civil War?
Answer:-
Following the Nigerian Civil War, the property of Igbo people in the South-South region (particularly in Rivers State) was largely classified as "abandoned" and confiscated by the government under the Abandoned Properties Act.The post-war confiscation and policy execution involved several specific actions:The Abandoned Property Decree: Indigenous Igbo residents who fled the South-South (like Port Harcourt) during the conflict returned to find their homes, land, and businesses seized. The government justified this by claiming the properties were abandoned, and subsequently sold or allocated many of them to non-Igbo indigenes.The £20 Policy: Beyond physical property, the federal government enforced a financial policy dictating that any pre-war bank account in the Eastern States was credited with a flat sum of £20, regardless of how much money the individual had deposited before the war.Public Office Dismissals: Many Igbo civil servants and professionals who participated in the Biafran civil service were summarily dismissed or compulsorily retired, further crippling their financial stability.While some individuals were eventually compensated or managed to reclaim their seized assets after years of legal disputes, the vast majority of these properties were permanently lost, forcing the Igbo community to rebuild their lives from scratch.If you would like to know more about this historical era, I can provide information on:How the Igbo apprenticeship system aided rapid post-war economic recovery.Specific legal and political efforts to reclaim the seized lands.The broader socioeconomic impacts of the Indigenisation Decree.Let me know which area you would like to explore further.6 sitesAbandoned Properties Post-Civil War: A Tale of Justice and Injustice28 Jan 2025 — The law allowed the government to take over any property that was abandoned during the civil war and sell it off to interested buy...Facebook·NEWSPAPER HEADLINEAn exploratory research on Oru-Igbo in the Biafran struggle during ...6 Feb 2025 —

2. What happened to the property of the Igbo  in the South-West after the Nigerian Civil War?
Answer:-
Unlike in some other regions, Igbo properties in the South-West (including Lagos) were not seized by the government or local populaces. After the Nigerian Civil War ended in 1970, Igbo individuals were largely able to reclaim their houses, businesses, and landed properties in the West, with many even recovering back-rent.While the federal "Abandoned Property" decree heavily affected properties in areas like Rivers State, the Western State government maintained a policy of restitution. Key highlights regarding this post-war period include:Property Reclaimed: Igbo returnees and prominent businessmen successfully repossessed their real estate and personal assets across the South-West.Rent Compensation: In many documented cases, tenants and caretakers who managed the properties during the war paid the rightful Igbo owners their accumulated rents for the duration of the conflict.Reintegration: Many Igbo returned to their former trading and professional bases in Lagos and Ibadan immediately after the conflict to resume their businesses and reconstruct their lives.

3. Hear and see from Pete Edochie (Okonkwo in Things Fall Apart) who should know, further evidence that the typical Yoruba bear no grudge against or hate the Igbo what happened to the property of the igbo  in the South-West after the Nigerian Civil War and how a Yoruba man Col. Adekunle Fajuyi chose to die with an Igbo man Maj. General Aguiyi Ironsi who was his guest at Ibadan. I advise the Igbo to immediately set about teaching their children and their forthcoming generation truth that frees one from generational bitterness and hate!

https://www.youtube.com/watch?v=nSZSnblXk2w?si=meBJLzcCAhA17HCd

peterincredible:
we igbos will survive it and still strive and succeed u know that, and I know u hate to accept that fact

No one is after you. In fact it is the joy of everyone to see all Nigerians do well. Your issue is victim mentality that leads to scream your heads off when you become successful in the face of imagined odds. Chinua Achebe has an advice for everyone who always thinks I Before Others!

Franktom247:
After all the noise you still ended up as VP 😂😂😂

To well-meaning members of the Nigerian society who are enlightened Rotimi Amaechi just died politically and is a bad image to be seen in a photograph with anyone who has a name worth calling one! I will tactically step away before the clicks are heard.

They both need to be rescued and is the reason they are united in the "unity and rescue mission"! They think Nigerians are kids and retards!! So annoying!!! In a response to a question whether he will be Vice-Presidential candidate on an Atiku ticket Amaechi pointedly said he did not buy the ticket to be a Vice-Presidential Candidate!. To turn around to say differently is to demonstrate a crass lack of integrity and focus which is the least required to be a responsible Father and Husband and Leader not to talk of a President of the largest black nation on earth!

osuofia2:
The same cycle repeating it self again, even if you are winning don't rub it in the eyes of your host. Be humble.
Na so Southy wahala start because of claims like this.
There are places in high brow areas in Lagos owned by Northern big boys but they don't make noise about it

Chinua Achebe a prominent Igbo and a global literary icon had this to say about The Igbo, his kith and kin -"There is no doubt at all that there is a strand in contemporary Igbo behaviour that can offend; by its noisy exhibitionism and disregard for humility and quietness."

fergie001:
https://www.instagram.com/p/DZmkHaHq6Yo/?igsh=MTVtZGZpbTVtZTB3ZA==

Previous Thread:
Igbos Own All The Lands In Lagos- Rapper Ill Bliss

Typically I Before Others way of life. Ever learning but never proactive! Your audience heard you loud and clear never mind that it compounds your situation.