Gen Z are moving between jobs faster but are filled with ambition. Entering the workforce for the first time is, and always has been, a daunting prospect. But Gen Z – the generation of talent starting out on this journey – are beginning their careers at a time of huge disruption, facing higher competition for …
In a landmark move to promote sustainable growth across West Africa, the ECOWAS Bank for Investment and Development (EBID) has approved a total financing of ₦462,946,500,000 (approximately ₦462.9 billion) or USD 308.631 million during its 93rd Ordinary Session held at the Bank’s headquarters in Lomé, Togo. Taraba state in north-eastern Nigeria, got a total of …
On this monumental day, as we mark Nigeria’s 65th Independence Anniversary, Pinnacle Daily extends heartfelt greetings to all Nigerians, both at home and abroad. This moment is a celebration of our resilience, unity, and unwavering spirit. Over the years, we have faced challenges, yet we continue to rise, driven by hope, pride, and the strength …
The Manufacturers Association of Nigeria (MAN) has raised significant concerns over the potential introduction of a tax stamp system for excisable goods, warning that such a move could undermine the government’s recent tax reforms and place an additional financial burden on local industries. While the association acknowledges the government's efforts to modernise tax administration through …
Nigeria's foreign exchange reserves have reached a significant milestone, hitting $43.03 billion as of September 25, 2025—the highest level in six years. This was disclosed by the central bank governor, Yemi Cardoso, at the end of the Monetary Policy Committee meeting today in Abuja. This marks a substantial recovery from the low of $37.18 billion …
The Central Bank of Nigeria (CBN) has announced a reduction in the Monetary Policy Rate (MPR) by 50 basis points, bringing the rate down to 27%. This decision was made at the conclusion of the CBN’s Monetary Policy Committee (MPC) meeting, where all 12 members of the committee were in attendance. In addition to the …
The broader African cryptocurrency market continues to show promise, with Bitcoin (BTC) trading at approximately $113,006, marking a 0.14% increase over the past 24 hours. Ethereum (ETH) is priced around $4,196, reflecting a slight 0.31% gain. Other prominent cryptocurrencies like Binance Coin (BNB), Cardano (ADA), and Solana (SOL) are also experiencing minor fluctuations. These price …
The Global Information Crisis Poses a Dire Threat to Economic Prosperity and Human Progress, and a Unique Opportunity. Eleven of the world’s leading economists, including two Nobel laureates, urge governments to recognize and uphold the economic value of public interest media in the age of AI Governments around the world are chasing the AI dream, …
President Bola Tinubu has announced the end of the six-month state of emergency imposed on Rivers State, declaring that Governor Siminalayi Fubara, his deputy, Ngozi Nma Odu, and members of the State House of Assembly will return to office on Thursday, September 18, 2025. Tinubu, in a statement released on Wednesday by the Presidency, said …
International Monetary Fund (IMF) Managing Director Kristalina Georgieva today announced her intention to appoint Nigel Chalk as Director of the Fund’s Western Hemisphere Department (WHD). Mr Chalk will assume his new role effective October 27, 2025. A UK and Irish national, Mr Chalk brings to the role nearly three decades of experience at the Fund. …
