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Contempt Case Against ADC Factional Leader Dismissed by Kebbi Court

Contempt Case Against ADC Factional Leader Dismissed by Kebbi Court

A magistrate court in Birnin Kebbi has thrown out a contempt case brought against Safiyanu Bala, a factional chairman of the African Democratic Congress (ADC). The defendant, who had been brought to court directly from the hospital for the continued hearing, saw the proceedings take an unexpected turn.

During the session, state prosecutor Magistrate Abdullahi-Koko informed the court that he had discovered the same matter was already pending before the High Court in Birnin Kebbi. He subsequently asked the court to strike out the case so that the involved parties could pursue the issue in the appropriate jurisdiction.

Defense counsel Mudasir Sani backed the prosecution’s stance, confirming that the case was indeed already under consideration by the High Court. In his ruling, Magistrate Abubakar Abdullahi-Koko struck out the case, citing the agreement between both legal teams. He simply stated, “The case is hereby struck out.”

The contempt charge had been filed by Abdulrazak Abubakar, another factional chairman within the ADC, who alleged that Bala had violated a court order and incited public disobedience. Notably, in a previous hearing, defense lawyer Ahmad Fingilla had walked out of the courtroom after the magistrate refused to recuse himself over claims of bias.

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INEC Commended for Swift Compliance with Supreme Court Ruling on ADC Leadership

INEC Commended for Swift Compliance with Supreme Court Ruling on ADC Leadership

Jibrin Okutepa, a Senior Advocate of Nigeria who represented Senator David Mark in the African Democratic Congress leadership dispute, has expressed admiration for the Independent National Electoral Commission’s immediate adherence to the Supreme Court’s directive. Rather than waiting for formal notification, INEC proactively restored the ADC leadership details on its portal following the apex court’s decision.

In a social media post on Friday, Okutepa highlighted that INEC’s swift action demonstrates a commendable commitment to judicial respect. He noted that the electoral body acted without prompting, setting a positive example for other institutions.

The Supreme Court, in a judgment delivered on Thursday, partially allowed David Mark’s appeal and nullified the Court of Appeal’s order that had directed parties to maintain the status quo. The higher court criticized the appellate court for overstepping its jurisdiction by issuing such an order unilaterally. Consequently, the case was sent back to the Federal High Court for a substantive hearing.

The legal tussle began when Nafiu Bala, a former ADC vice chairman, filed a suit seeking to prevent the Mark-led executive from functioning as the party’s national officers. The defendants included the ADC, Mark, Rauf Aregbesola (National Secretary), INEC, and Ralph Nwosu, the party’s founder.

Okutepa, who declared himself a non-partisan legal practitioner, stated that the removal of David Mark and his team from INEC’s portal was based on the annulled Court of Appeal order. He praised INEC for respecting the rule of law, unlike some entities that ignore court directives until formally served.

He emphasized that INEC’s proactive compliance reflects a proper understanding of legal decorum. In a society where impunity often prevails, such behavior is exemplary. Okutepa urged other government bodies and individuals to emulate this respect for judicial authority to foster national progress.

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Sam Amadi proposes Obi/Atiku joint ticket for 2027, says ‘OA not AO’

Sam Amadi proposes Obi/Atiku joint ticket for 2027, says 'OA not AO'

Sam Amadi, the Director of the Abuja School of Social and Political Thought, has called for a strategic alliance between Peter Obi and former Vice President Atiku Abubakar to secure victory in the 2027 presidential election. In a post on his verified X handle, Amadi emphasized the need for an Obi/Atiku ticket, arguing that the arrangement should be ‘OA’ rather than ‘AO,’ meaning Obi should lead while Atiku serves as deputy.

Amadi highlighted that Nigeria is a republic without first-class or second-class citizens, stressing that any candidate who amasses over 6 million votes, excluding those that were not counted, deserves to be treated as an equal, not as a subordinate. He criticized the notion of one candidate dominating others, even if they are more qualified, and urged humility in political partnerships.

According to Amadi, neither Obi nor Atiku can win alone; their combination is the only viable path to defeat the ruling party in 2027. He called for mutual respect and a balanced ticket, where Obi takes the top slot given his strong grassroots support, as evidenced by his 6.1 million votes in the 2023 election under the Labour Party, compared to Atiku’s 6.98 million votes under the PDP.

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Lagos PDP: Supreme Court Ruling a Game-Changer in Party Crisis

Lagos PDP: Supreme Court Ruling a Game-Changer in Party Crisis

The Lagos State chapter of the Peoples Democratic Party has described the recent Supreme Court judgment as a pivotal moment that could resolve the ongoing leadership crisis, paving the way for legality, order, and institutional stability within the party.

Prince Dr. Christopher Odianarewo, the party’s spokesperson, issued a statement on Friday highlighting that the ruling invalidated the November 2025 Ibadan National Convention and upheld the suspension of Samuel Anyanwu and other former National Working Committee members.

He noted that this decision nullifies all structures and actions tied to the affected leadership factions, including the Abuja Convention scheduled for March 29, 2026. The development now provides a legal foundation for the PDP Board of Trustees, led by Adolphus Wabara, to take interim control as outlined in Section 32(5) of the party’s 2017 constitution.

Odianarewo emphasized that the Board of Trustees’ intervention is not a power struggle but a constitutional step to prevent a leadership vacuum and stabilize party operations. He called on all members and stakeholders to set aside internal conflicts and support the transitional leadership, marking the end of parallel structures and conflicting instructions.

The spokesperson also backed the Board of Trustees’ plan to convene an emergency National Executive Committee meeting to establish an Interim National Working Committee. He stressed that this move is essential for restoring internal democracy and repositioning the party ahead of the 2027 general elections.

Describing the current crisis as a defining moment rather than a collapse, Odianarewo noted it presents an opportunity for reform, discipline, and unity. He concluded that a united PDP is vital for offering Nigerians a credible opposition alternative, stating that the party must rise as a cohesive force ready to reclaim its place in the nation’s democratic landscape.

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APC Ticket for Reps Race: 2027 Ambition of Buhari’s Son

APC Ticket for Reps Race: 2027 Ambition of Buhari's Son

In a significant political development, Yusuf Buhari, the son of Nigeria’s former President Muhammadu Buhari, has secured the All Progressives Congress (APC) ticket to vie for the Daura/Sandamu/Mai’adua Federal Constituency seat during the 2027 general elections. The ticket was awarded unopposed following a stakeholders’ meeting convened in Katsina on April 28. Yusuf’s candidacy was confirmed by Alhaji Ahmed Dangiwa, a former Minister of Housing and Urban Development, who chaired the Consensus Committee for Daura Zone and announced the unanimous agreement.

During the meeting, Mannir Musa, the APC chairman for Mai’adua Local Government, called on party members to embrace the consensus decision wholeheartedly. He stressed the importance of unity and collaboration for the party’s progress and the welfare of the people. Musa also appealed to Katsina State Governor Dikko Radda to extend support to aspirants who did not secure tickets, enabling them to continue serving the community. Furthermore, he urged those who received automatic tickets to remain committed to their constituents when elected.

Other aspirants who secured tickets through the consensus process include Nasir Yahaya, who will contest for the Daura senatorial seat, and Mustapha Musa, running for the Mai’adua constituency in the Katsina State House of Assembly.

In his acceptance speech, Yusuf Buhari expressed gratitude to party members for their trust and pledged to deliver quality representation if elected to the National Assembly. This development marks a notable step in his political career, as he seeks to follow in his father’s footsteps within the APC.

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Kwankwasiyya Leader Abdullahi Quits ADC in Kano Following Kwankwaso’s Directive

Kwankwasiyya Leader Abdullahi Quits ADC in Kano Following Kwankwaso's Directive

Hon. Kabiru Adamu Abdullahi, a prominent member of the Kwankwasiyya movement in Kano State’s Dala Local Government Area, has officially resigned from the All Democratic Congress (ADC). The move, effective immediately, was communicated in a letter dated May 1, 2026, addressed to the party chairman in Kofar Ruwa Ward.

In his resignation letter, Abdullahi expressed gratitude for the chance to be part of the party and extended best wishes for its future. “I sincerely appreciate the opportunity given to me to be part of the party and wish you and the party the very best in your future endeavors,” he stated.

A House of Assembly aspirant, Abdullahi is recognized as a key figure among Kwankwasiyya leaders in Dala. He made his resignation public via a Facebook post, where he explicitly linked his decision to a directive from the movement’s leader, Senator Rabiu Musa Kwankwaso. “This is the order of Jagora,” he wrote, using the term commonly employed by members to refer to Kwankwaso.

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Senate Bans Its Members from Using Prediction Markets

Senate Bans Its Members from Using Prediction Markets

In a decisive move to uphold ethical standards, the U.S. Senate has voted to prohibit its members and staff from engaging with prediction markets. The resolution, passed unanimously on Thursday, amends the chamber’s standing rules and takes effect immediately. Senator Bernie Moreno, who spearheaded the initiative, emphasized that the ban is crucial to prevent the misuse of sensitive information for personal gain. He stated that no senator or staffer should be allowed to monetize their position through inside knowledge. This action follows growing concerns over incidents where individuals with access to classified data placed bets on platforms like Polymarket, including a recent case involving a special forces soldier charged with using confidential information to wager on the capture of a foreign leader. Senate Democratic leader Chuck Schumer described the rule change as a “no-brainer,” arguing that Congress must avoid turning into a casino where public representatives gamble on wars, economic crises, or elections. He called for extending similar restrictions to the executive branch. The House is expected to follow suit, with Representative Ashley Hinson announcing plans to introduce a comparable resolution. Prediction market operators, including Polymarket and Kalshi, have voiced support for the Senate action, noting that they already prohibit such conduct in their terms of service. This legislative move adds a new dimension to the ongoing regulatory debate over whether event contracts should be classified as financial products or gambling activities, as the CFTC continues to litigate against state actions targeting these markets.

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XRP Price Pattern Suggests Rare Three-Cycle Support Level

XRP Price Pattern Suggests Rare Three-Cycle Support Level

XRP recently hovered around $1.38, marking a modest 1.11% increase over the past day, though the asset remained down nearly 3.9% for the week. With a trading volume of $1.55 billion and a market cap of $84.95 billion, investors are watching for signs of renewed momentum. The key price level to watch is $1.3930, which could determine short-term direction. Analysts emphasize that XRP must maintain critical support zones to prevent further declines.

Market commentator EGRAG Crypto highlights a rare setup called the “Blue Bridge,” a macro support line that has triggered similar reactions in 2018, 2021, and 2026. After each touch, XRP historically saw a 71% move, though this remains a theoretical projection rather than a guarantee. EGRAG Crypto noted that price behavior often precedes fundamental news, reinforcing the importance of technical structure.

Another analyst, Cryptoinsightuk, observes that XRP is still trading within a bull flag pattern, with both the weekly RSI and MACD turning bullish. This pattern mirrors the last major upside cycle. However, confirmation through price action is still needed. Trader CryptoWZRD added that XRP closed indecisively on the daily chart, stating that above $1.3930 signals positive territory, while a break below could lead to increased weakness.

Beyond the charts, Ripple’s ongoing business expansion provides a supportive backdrop. The company is reportedly partnering with Kbank in Korea to develop institutional-grade wallet infrastructure, targeting regulated digital asset services. Additionally, Ripple has opened a new regional headquarters in Dubai’s DIFC, signaling confidence in the Middle East and Africa as a blockchain hub. These institutional moves add context to the demand for XRP, though traders remain focused on the price action and key levels.

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Stablecoins Outpace Bitcoin in Latin American Adoption

Stablecoins Outpace Bitcoin in Latin American Adoption

In a notable shift across Latin America, stablecoins have overtaken Bitcoin in transaction volume for the first time, according to Bitso’s latest report. The exchange’s data reveals that dollar-pegged tokens like Tether’s USDt and Circle’s USDC made up 40% of all crypto purchases on its platform in 2025, while Bitcoin trailed at 18%. This milestone underscores a growing preference for digital dollarization among users in economies plagued by high inflation and limited banking access.

Nearly 10 million retail customers drove this trend, turning to stablecoins for storing value, making payments, and facilitating cross-border remittances. The appeal lies in the U.S. dollar’s relative stability compared to local currencies, even amid global inflation concerns. Bitso’s report highlights that despite Bitcoin’s reduced purchase share, it remains a cornerstone in portfolios—appearing in 52% of holdings in 2025, down slightly from 53% the year prior. The exchange still views Bitcoin as the region’s primary long-term store of value, even as short-term activity leans toward stablecoins.

The broader stablecoin market has swelled to around $320 billion, reflecting adoption across emerging and developed markets. Regional developments, such as Mercado Libre’s cross-border remittance service using its Meli dollar stablecoin, further illustrate the shift. While Bitcoin’s price has been volatile—peaking above $126,000 in October before dropping to the low $60,000s—its fixed supply and decentralized nature continue to position it alongside gold in long-term value preservation frameworks, as noted by MarketVector research.

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Bakkt shifts focus to stablecoin payments after DTR deal closes

Bakkt shifts focus to stablecoin payments after DTR deal closes

Bakkt has finalized its merger with Distributed Technologies Research, a company specializing in stablecoin payment infrastructure. The acquisition marks a strategic pivot for Bakkt as it integrates DTR’s agentic payment technology and compliance tools into its regulated institutional platform.

The combined entity aims to create a round-the-clock digital settlement layer powered by stablecoins. This move is designed to reduce dependency on traditional correspondent banking networks, offering financial institutions and fintechs faster digital payment solutions. Bakkt CEO Akshay Naheta emphasized that the architecture of money movement rarely undergoes such a transformation, positioning stablecoin functionality as a bridge between conventional finance and digital assets.

To complete the acquisition, Bakkt issued over 11.3 million Class A common shares to DTR’s beneficial owners. An additional 725,592 shares may be issued related to outstanding warrants. The deal was initially announced in January with 9.3 million shares, and Bakkt also underwent a corporate name change to Bakkt Inc. during that period.

Following the closure, Bakkt’s stock price experienced volatility. Shares dropped roughly 8% to $7.86 before the deal’s completion but later recovered to $8.62 by Thursday’s market close. The company has faced financial hurdles in recent years, including a warning from the NYSE in 2024 about potential delisting after its share price remained below $1 for 30 consecutive days.

Founded in 2018 and majority-owned by Intercontinental Exchange, Bakkt has previously partnered with major brands like Starbucks and Mastercard. With the DTR acquisition now complete, stablecoin payments are at the core of Bakkt’s growth strategy, signaling a renewed focus on modernizing payment infrastructure.