Ethiopia on Tuesday inaugurated the Grand Renaissance Dam, Africa’s largest hydroelectric project, aimed at boosting its economy, ending frequent blackouts, and supporting the growth of electric vehicles. The country has already banned the importation of gasoline-powered vehicles. As waters from the reservoir powered the turbines, Ethiopians dressed in colourful regalia gathered in Addis Ababa to …
The Debt Management Office (DMO) has corrected reports that claimed the Federal Government spent N611.71 billion in March 2025 servicing its domestic U.S. dollar bond. The agency said the actual figure for the bond was N67.99 billion. In a statement, the DMO explained that the N611.71 billion represented debt service for all outstanding Federal Government …
The United Kingdom has pledged £19 million to build climate-resilient schools and healthcare facilities, taking a bold step to protect Nigeria’s most vulnerable communities from climate change. The UK announced the funding on Tuesday while commissioning 84 renovated facilities in Kano and Jigawa States. The project, implemented with the federal government, state governments, and UNICEF, …
Former Labour Party governorship candidate in Imo State, Athan Achonu, has said state governors determine who emerges in the Senate, House of Representatives and state Houses of Assembly. Achonu, who spoke on Tuesday during an appearance on News Central’s Breakfast Central, explained that governors exercise such influence because they control the local government system. He …
The political drama surrounding Senator Natasha Akpoti-Uduaghan has taken another twist. Even after completing her six-month suspension, the Senate has insisted that she cannot yet return to her seat. On Thursday, September 4, 2025, Natasha wrote to the Senate, informing them that her suspension had ended and she was ready to resume her duties. But …
The Nigeria Civil Aviation Authority (NCAA) has summoned domestic airlines over the growing concerns affecting passengers and their flight operations. The emergency meeting is scheduled to be held on Wednesday, September 10, at the NCAA headquarters in Abuja. Its Director of Public Affairs and Consumer Protection, Michael Achimugu, confirmed this via his X handle on …
United Bank for Africa (UBA) Plc said it has extended its sale of N157.843 billion shares to existing shareholders, known as a rights issue offer, by two weeks. It announced this in a statement issued over the weekend and signed by its Secretary/Legal Counsel, Bili Odum. The rights issue, which opened on Wednesday, July 30, …
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has finally suspended its nationwide strike after signing a Memorandum of Understanding (MoU) with the management of Dangote Refinery and Petrochemicals on the contentious issue of workers’ unionisation. Pinnacle Daily reports that NUPENG embarked on a nationwide strike on Monday, 8 September, over an alleged attempt by …
The Department of State Services (DSS) has issued a one-week ultimatum to activist Omoyele Sowore, demanding that he retract an alleged disparaging post against President Bola Ahmed Tinubu and tender a public apology. In a letter dated September 7, 2025, and signed by Uwem Davis on behalf of the Director-General, the DSS said Sowore’s remarks …
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has threatened to commence a nationwide strike from Monday, September 8, 2025, due to a dispute with the management of Dangote Refinery over its Compressed Natural Gas (CNG) truck distribution scheme. The Dangote nationwide fuel distribution scheme, which was billed to commence in August has …
