Tag: ADA

  • UPDATED: INEC unveil Obedients, ADA, 108 other associations seeking registration as political parties

    UPDATED: INEC unveil Obedients, ADA, 108 other associations seeking registration as political parties

    The Independent National Electoral Commission (INEC) on Wednesday released the list of 110 associations seeking registration as political parties, revealing several irregularities in the submissions.

    Among the proposed parties is the All Democratic Alliance (ADA), reportedly backed by a coalition of high-profile politicians including former Vice President Atiku Abubakar, former Kaduna State Governor Nasir El-Rufai, and former Rivers State Governor Rotimi Amaechi.

    Another group reportedly supported by followers of former Labour Party presidential candidate Peter Obi is also seeking registration under a similar name, raising concerns over overlapping acronyms.

    INEC flagged numerous infractions in the applications. Several associations are using identical acronyms, a clear violation of the commission’s guidelines for political party registration.

    Additionally, 40 submissions lacked a Protem National Secretary, five had no Protem National Chairman, seven had neither a chairman nor secretary, four failed to provide an official address, and one application was submitted without a party logo.

    INEC also observed that three proposed parties, New Green Generation Party (NGGCP), New Green Congress (NGC), and New Green Coalition Party (NGGCP), listed the same individuals, Mallam Idris A. Abdulkarim and Ambassador Crystal Ikechukwu Ogu, as Protem National Chairman and Secretary, respectively.

    A further review showed that the Republican Party of Nigeria submitted two different applications with separate sets of leadership and office locations, one led by Col. Vincent Enemoma Abu and Buhari Yakubu with an address in Mabushi, Abuja, and another by MD Coma and Chief Abu Ali based behind Utako Market.

    INEC is expected to screen and assess the applications in accordance with its legal and procedural guidelines before granting or rejecting registration requests.

    Also, there are two applications to register the Obiedient People’s Party, while some others either have similar acronyms with deregistered parties or are parties that have been deregistered contrary to the provisions of the guidelines and regulations for registration.

    Some others were submitted either by lawyers representing the promoters or the conveners without the names of their officers.

    Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, said the Commission was currently processing the letters of intent submitted by the associations

    Speaking at a meeting with media executives, Prof. Yakubu said those wishing to be registered as political parties should obtain a copy of the handbook containing the Regulations and Guidelines for Political Parties 2022is already available on the Commission’s website.

    The INEC chairman said the commission will upload the names and acronyms of the associations on its website for the sake of transparency.

    He said, “Clearly, one of the topical issues on election administration in our country today is the status of the letters of intent we received from associations seeking registration as political parties amidst partisan insinuations in some quarters that the Commission is equivocating on the matter in a manner that compromises our independence. Nothing can be further from the truth.

    “Nigerians may recall that the same unfounded accusation was made under similar circumstances in 2013 that the Commission was not keen on the proposed merger of political parties because INEC had “merged with the ruling party” at the time.

    “For the record, the present Commission registered the largest number of political parties in Nigeria strictly following the provision of the electoral legal framework. For the 2019 General Election, there were 91 political parties and 73 presidential candidates.

    “The Commission was criticised in some quarters for registering too many political parties. After the election, the Commission also deregistered over 70 political parties as provided by law.

    “We wish to reassure Nigerians that under the current situation, we will continue to be guided by law and act with fairness to all associations seeking registration as political parties. We will treat all requests fairly, irrespective of the status of their promoters, be they ordinary or prominent citizens. Nigerians will be fully briefed on the actions taken by the Commission every step of the way.

    “As of Monday, 23rd June 2025, the Commission has received letters of intent from 110 associations that wish to register as political parties. We are diligently processing the requests in line with the procedure outlined in the law as well as our Regulations and Guidelines.

    “We have acknowledged all requests received so far, except six of them received recently, which will be done before the end of the week. For emphasis, I wish to inform Nigerians, particularly those interested in registering new political parties, that the handbook containing the Regulations and Guidelines for Political Parties 2022is already available on the Commission’s website.

    “Meanwhile, the Commission is today releasing the full list of the 110 associations seeking registration as political parties, indicating their proposed names, acronyms, addresses and the names of their protem Chairmen and Secretaries.

    “For transparency and public information, the list will be uploaded to our website and social media platforms shortly, while hard copies are included in your folders for this meeting”.

    The INEC boss also said that the commission has finalised activities for the conduct of bye-elections across the country and for the continuous voter registration, adding that the date for the two activities will be made public within the next 24 hours.

    He said, “I am glad to announce that the Commission is now in a position to conduct bye-elections and to resume the nationwide CVR. The Commission met yesterday (Tuesday) and we are finalising the details of the two activities which will be made public in the next 24 hours. As usual, we look forward to your support.”

    He also said that preparation for the conduct of the FCT Area Council elections scheduled for February 2026 and the Anambra Governorship election are progressing steadily.

    He said, “The Commission will continue to update you on these and other electoral activities. I urge you to monitor these activities. At the same time, I wish to appeal to you to promptly upload your applications for accreditation of media personnel for the Anambra State Governorship election holding on Saturday, 8th November 2025, as soon as the portal opens so that we can process and deliver your accreditation tags well ahead of the election”.

    Some of the names on the list include Key of Freedom Party, Absolute Congress, All Grassroot Party, Congress Action Party, United Social Democrats Party, National Action Congress, New Nigeria Congress, United People’s Victory Party, Allied Conservative Congress, People’s Freedom Party, Abundant Social Party, All Nigeria’s Party, Citizens Party of Nigeria, National Freedom Party, Patriots Party and Movement of the People.

    They also include People’s National Congress, Alliance of Patriots, African Union Congress, Socialist Equality Party, About Nigeria Party, Africa Reformation Party, Accelerated Africa Development Association, Obedient people’s Party, Zonal Rescue Movement, Zuma Reform, Party for socialist Transformation, Liberation People’s Party, Progressive Obedient Party and Great Nigeria Party.

    Others are Great Nigeria Party, National Youth Alliance, National Reform Party, Patriotic Congress Party, Community Alliance Party, Grassroot Alliance Party, Advance Nigeria Congress, All Nigerians Alliance, All Labour Party, Team New Nigeria, About All Nigeria, Nigeria Liberty Movement, National Democratic Party, Citizen United Congress.

    Read Also: INEC unveil list of 110 associations seeking registration

    There is also the All Gender Party, Polling Unuts Ambassadors of Nigeria, Village Intelligence Party, Great Transformation Party, Alliance Social Party, Nigeria Democratic Alliance, New National Democratic Party, Nourish Democratic People’s Congress, All Youth Reclaim Party, Marina Multipurpose Cooperative Society, Alliance Youth Party of Nigeria, The True Democrats, Democratic People’s Congress, National Democratic Movement, Economic Liberations Party and Grassroot Ambassadors Party.

    Also, All for All Congress, People’s Democratic Alliance, United Youths Party of Nigeria, People’s Liberations Party, Democratic Union for Progress, Citizen Democratic Alliance, Africa Action Group, Patriot Alliance  Network, Democratic Leadership Party, Pink political Party, Young Motivation and Awareness for Development Forum, Access Party, Young Progressive Empowerment Initiative, Grassroot Ambassadors Party.

    There is also the Republican Party of Nigeria, Sceptre Influence Party, Young Democratic Congress, Patriotic Nigeria Party, Far Right Party, Democratic People’s Party, United Citizens Congress, Reset Nigeria, New Nigeria Democratic Party, Save Nigeria People Party, Above All, Alliance for Youth and Women, Rebuild Nigeria Group.

    The rest are Citizens Progressive Party, Guardian Party, Abiding Greatness Party, Patriotic Party, Development and Freedom Party, Peace, Unity and Prosper Culture, The populist, New Nigeria Leadership Party, All Allies Alliance, National Action Network, Coalition for Nigerian Democrats, Abundance Africa Alliance, Free will Humanitarian Party, People’s Emancipation Party, People’s Liberations Congress Party and People’s Democratic Congress. 

  • While ADA Drops and UNI Turns Bullish, BlockDAG’s $299M Surge Makes It 2025’s Top Crypto Investment

    While ADA Drops and UNI Turns Bullish, BlockDAG’s $299M Surge Makes It 2025’s Top Crypto Investment

    In a market driven by rotating narratives and fluctuating momentum, it’s no longer enough for a project to have name recognition. Cardano (ADA) and Uniswap (UNI) are both in the headlines this week, ADA for its latest price dip and UNI for bullish signals tied to regulatory clarity. But neither has delivered the kind of broad-based traction and sustained investor confidence that BlockDAG is showing.

    With more than $299 million raised in its presale, over 1.5 million users onboarded, and tokens now selling in batch 29 at $0.0276, BlockDAG is becoming a real contender for 2025’s best long-term crypto investment. It’s not riding a news cycle, it’s creating its own momentum.

    Cardano Price Struggles Below $0.70, Outlook Remains Mixed

    Cardano, once hailed as a leading proof-of-stake project with serious academic credibility, is now facing technical challenges that continue to hold back its price. As reported by The Market Periodical, ADA recently slipped below $0.70 and has failed to regain strength despite long-term price projections forecasting a potential move toward $5.35, a speculative 666% surge from current levels.

    However, that long-term forecast stands in stark contrast to ADA’s current structure. The report notes that bearish volume has been increasing, price is holding below its 50-day EMA, and the Relative Strength Index (RSI) is stuck under 50. This combination paints a picture of hesitation, not conviction.

    While Cardano continues to build technologically and explore new use cases in DeFi and governance, the market doesn’t seem to be responding. Price action still favors sellers, and retail interest has thinned out. Until a structural reversal takes hold, ADA remains a high-potential but low-conviction hold.

    UNI Turns Bullish Amid DeFi Rally and SEC Comments

    In contrast, Uniswap (UNI) has shown renewed strength thanks to broader positive sentiment around DeFi tokens and recent statements from SEC Chair Gary Gensler, who hinted at a more nuanced approach to crypto regulation. As reported by CCN, Uniswap has seen rising momentum alongside DeFi peers like AAVE and LDO, and is beginning to carve out a bullish recovery.

    Investors are now watching closely as UNI challenges previous resistance levels, buoyed by optimism that regulatory pressure may ease. At the same time, Uniswap Labs continues to roll out upgrades that improve on-chain liquidity, governance participation, and platform revenue capture.

    Still, UNI’s position as a DeFi blue-chip also limits its explosive upside. While it may reclaim former highs, many of its fundamentals are already priced in, and competition among DEXs continues to intensify. For long-term holders, UNI remains relevant. For new investors looking for 10x opportunities, the window may already be closed.

    BlockDAG: $299M Raised and 1.5M X1 Users With Room Still to Grow

    Then there’s BlockDAG, the rising presale project that’s generating more than just interest, it’s generating capital, adoption, and momentum all at once. With $299 million raised from public contributors, BlockDAG has proven that it doesn’t need venture capital or institutional hype to succeed.

    More than 22.4 billion BDAG tokens have already been sold, and its X1 mobile mining app has become a central piece of its traction. The app allows users to mine BDAG from their smartphones without hardware, lowering the barrier to entry and building a user base from the ground up. Today, that app has been downloaded by over 1.5 million users, creating a live, active ecosystem even before listing on exchanges.

    The current token price sits at $0.0276 in batch 29, with only 45 total presale batches available, making the scarcity factor very real for those still watching from the sidelines.

    What sets BlockDAG apart isn’t just the numbers. It’s the structure behind them. Unlike VC-backed projects that reward insiders, BlockDAG has taken a retail-first approach, making sure early-stage buyers have clear, public access with transparent pricing across all batches.

    This model has resulted in one of the most capital-efficient presales in recent memory, and it’s backed by real utility. The X1 app isn’t a gimmick, it’s already creating daily user engagement and reinforcing token distribution to the community that’s building it.

    While ADA attempts to break out of its bearish structure and UNI benefits from temporary tailwinds, BlockDAG is proving that you don’t need to wait for a bull cycle to deliver results. It’s doing the work now, and letting the data speak for itself.

    Final Word: The Momentum Is Real, And It’s Not Slowing Down

    Cardano still has long-term vision. Uniswap remains a DeFi heavyweight. But BlockDAG is the one doing the numbers, raising nearly $300 million, building a user base of over 1.5 million, and delivering utility before its token ever hits exchanges.

    At $0.0276 in batch 29, the project is no longer just a speculative play. It’s a live ecosystem gaining traction in real time. And for investors who missed the earliest phases of Ethereum, Solana, or Avalanche, BlockDAG offers a rare second chance, one backed not by hype, but by metrics that matter.

    In a year full of noise, BlockDAG is building a signal. And the market is finally tuning in.

    Presale: https://purchase.blockdag.network

    Website: https://blockdag.network

    Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu