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Just In: Peter Obi Dumps PDP, Withdraws From Presidential Race
A presidential aspirant of the Peoples Democratic Party and former Governor of Anambra State, Peter Obi, has dumped the party.
Obi announced his resignation in a letter dated 20, addressed to the National Chairman of the party.
In the letter sighted by JomogNews Nigeria, Obi gave reasons for his withdrawal from the presidential race.
The letter said: “I am writing to intimate you of my resignation from the Peoples Democratic Party (PDP), which was conveyed to the Chairman of Agulu Ward 2. Anaocha LGA
“Anambra, effective Friday 20 May, 2022. Consequently, am by this letter informing you of my withdrawal for the PDP Presidential Primaries.
“It has been a great honour to contribute to nation-building efforts through our party. Unfortunately, recent developments within our party make it practically impossible to continue participating and making such constructive contributions.
“Our national challenges are deep-seated and require that we each make profound sacrifices towards rescuing our country. My commitment to rescuing Nigeria remains firm, even if the route differs.
“I wish to thank you personally for your graciousness and leadership. I wish you well and best of luck in the service of country.“

Details later:
News
Rivers Assembly Suspends Impeachment Move Against Fubara After Tinubu’s Intervention
The Rivers State House of Assembly has officially suspended impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Odu, following President Bola Tinubu’s intervention.
The House moved the motion to halt the impeachment process on Thursday at its resumed sitting in Port Harcourt, the state capital.
JomogNews had reported that during its first sitting of 2026, the House had begun impeachment proceedings against the governor and his deputy over allegations of gross misconduct, including the demolition of the State Assembly complex and alleged spending without legislative approval, among other claims.
More details later….
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Reserves Surge To $48.5bn As Nigeria Reclaims 2013 Peak Levels
Nigeria’s foreign exchange (FX) reserves have reached $48.5 billion, their highest level in nearly 13 years.
This milestone, confirmed by data from the Central Bank of Nigeria (CBN), surpasses previous multi-year peaks and represents the strongest balance since May 14, 2013, when reserves stood at approximately $48.51 billion.
However, the data showed that the foreign reserves increased steadily by 6.45 percent or $2.94 billion year-to-date, from $45.56 billion reported on January 1 to $48.5 billion.
Further checks showed that the FX reserves figure was $48.36 billion on Monday.
According to the CBN, FX reserves are assets held on reserve by a monetary authority in foreign currencies, which are used to back liabilities and influence monetary policy.
On December 22, 2025, the apex bank projected that the country’s external reserves would rise to $51.04 billion in 2026, saying the increase will be supported by FX reforms.
“Reforms in the foreign exchange market are expected to sustain exchange rate stability, while external reserves are projected to increase to US$51.04 billion,” CBN said.
On February 10, Olayemi Cardoso, governor of CBN, said the bank will do “whatever it takes” to safeguard the value of the naira, while strengthening the country’s external reserves.
Looking ahead to 2030, he said the CBN’s targets include achieving single-digit inflation and growing foreign exchange (FX) reserves driven by non-oil exports, foreign direct investment, and diaspora remittances.
News
Ogun Police Launch Investigation Into TikToker Mirabel’s Sexual Assault Claims
The Ogun State Police Command has launched an investigation into sexual assault allegations made by a TikToker known as Mirabel (@mirab351), who is currently receiving treatment in an Intensive Care Unit (ICU).
The case gained widespread attention after she posted emotional videos on Monday, February 16, detailing an attack she claimed occurred at her home the previous Sunday.
The command’s Public Relations Officer, Oluseyi Babaseyi, disclosed the development on Thursday while speaking on The Morning Brief.
Babaseyi confirmed that Mirabel voluntarily visited the Ibafo Police Division on Tuesday, February 17, to lodge a formal complaint and was subsequently admitted to the hospital for medical care due to her unstable condition.
“When the DPO in Ibafo met with her, she was taken to the hospital for medical analysis. She wasn’t as stable as necessary, but we ensured the investigation continued.
“As we speak, she is in the intensive care unit getting appropriate care. Her medical well-being is more important to us at this point. When she is stable, we can now continue investigations and get the necessary facts,” Babaseyi said.
According to Babaseyi, the incident reportedly occurred in Ogijo, a border community between Ogun and Lagos states.
The police have established that Mirabel was not arrested, but rather, she is being treated as a victim.
The command urges individuals with useful information to come forward and assist with the investigation.
“She was not arrested by the police. She reported a case, and we are investigating. Nothing like her arrest happened,” he said.
“If the allegation is established to be true, the perpetrator will be arrested and charged to court appropriately. Otherwise, the law also addresses giving false information,” the police stated.
The police said they will rely on evidence to reach a logical conclusion and take appropriate action.
“We advise people not to jump to conclusions based on emotions. We are investigating and will rely on evidence to reach a logical conclusion,” Babaseyi said.
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