By Esther Ososanya Africa’s path to industrialisation continues to be blocked by two stubborn barriers: poor electricity access and erratic government policies, according to the verdict from Africa’s leading industrialist, Alhaji Aliko Dangote, who, alongside philanthropist Tony Elumelu and former President Olusegun Obasanjo, laid out a bold, solution-driven agenda to unlock the continent’s economic potential. …
By Sunday Michael Ogwu The Abuja Chamber of Commerce and Industry (ACCI) has applauded President Bola Ahmed Tinubu for signing into law four landmark tax reform bills, describing the development as a “bold and strategic” move to enhance Nigeria’s business environment, attract investment, and build a fairer tax system. The ACCI, in a statement signed …
By Ubong Usoro & Rafiyat Sadiq Former federal lawmaker and elder statesman, Senator Ben Birabi, has openly criticised the federal government’s approach to restarting oil production in Ogoniland, accusing authorities of disrespecting the region’s history, culture, and institutions. Speaking during an appearance on Arise Morning Show, Birabi, who once represented Rivers South-East in the Nigerian …
By Esther Ososanya The Nigeria Export Processing Zones Authority (NEPZA), in collaboration with the Dangote Refinery and key federal stakeholders, has pledged full support for the presidential directive aimed at reducing fuel prices and enhancing national energy security through a crude-for-naira exchange policy. This commitment was made during a courtesy visit by the Presidential …
By Esther Ososanya The Secretary General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has called for urgent action to unlock the power of digital trade across the continent. Speaking at a side event during the 32nd Afreximbank Annual Meetings in Abuja, Mene described digital trade as one of the most promising tools …
By Rafiyat Sadiq President Bola Ahmed Tinubu on Thursday signed into law, four major tax bills recently passed by the National Assembly. The signing ceremony, which took place at the Presidential Villa in Abuja was witnessed by the leadership of the National Assembly, including Senate President Godswill Akpabio and Speaker of the House of Representatives …
By Esther Ososanya Africa is being held back by flawed external credit ratings that overlook its true economic realities, says Dr. Yemi Kale, Group Chief Economist at Afreximbank. Speaking during the public presentation of the 2025–2026 Trade and Economic Outlook Report in Abuja at the AAM 2025, Dr. Kale warned that Africa’s cost of …
By Ubong Usoro A group of Nigerian lawyers under the public interest firm Law Capitol has called on the Federal Capital Territory Minister, Nyesom Wike, to urgently address the growing number of abandoned housing estates in Abuja, including the long-vacant BUA Estate in Kado District. In a detailed petition sent to both the FCT Minister …
By Ubong Usoro In the wake of growing calls for the Federal Capital Territory Administration (FCTA) to convert abandoned estates into mass housing, development expert Prof. Timothy Nubi has warned against simplistic or forceful approaches to property management in Nigeria’s capitalist economy. In an exclusive interview with Pinnacle Daily, Prof. Nubi, a renowned professor of …
By Esther Ososanya Africa holds over $4 trillion in untapped domestic capital, much of which lies idle while the continent battles a massive infrastructure deficit, according to Mr. Samaila Zubairu, President and CEO of the Africa Finance Corporation (AFC). Zubairu issued this charge during a plenary session on Thursday at the ongoing 32nd Annual General …
