The African Export-Import Bank (Afreximbank) has reported robust financial performance for the year ended December 31, 2025, highlighting strong balance sheet growth, increased investor confidence, and sustained execution of its strategic priorities across Africa and the Caribbean. The Bank said its total assets and contingencies rose by 21 percent to $48.5 billion from $40.1 billion …
Nigeria must urgently accelerate privatisation, unlock private capital through public markets, and rethink how it finances infrastructure if it is to overcome its fiscal constraints and deliver sustainable growth. The Chief Executive Officer of Chapel Hill Denham, Bolaji Balogun, said in an interview with Proshare on the theme: ‘Infrastructure, Fiscal Space, and Capital Market Funding.’ …
The U.S. Department of State has authorised the departure of non-emergency embassy staff and their families from Abuja and expanded its list of high-risk states, in a significant escalation of its travel warning on Nigeria amid worsening security and health concerns. While maintaining its Level 3 “Reconsider Travel” advisory, U.S. authorities say the latest update …
In a strategic move to resonate with Nigeria’s vibrant youth culture, MAGGI has unveiled rising music star Qing Madi as the face of its latest campaign, tagged “Me & MAGGI, So Good Together.” The unveiling took place at Nestlé Nigeria’s Head Office in Lagos, marking a shift in how the brand engages with Gen Z. …
A remark by the Minister of the Federal Capital Territory, Nyesom Wike, that he would have “shot” a television anchor has triggered a wave of outrage, drawing condemnation from media organisations, civil society groups and opposition figures, while reopening concerns over press freedom and political intolerance in Nigeria. The controversy followed a media chat in …
Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC) Engr. Bashir Bayo Ojulari, has attributed the growth of crude oil production in the country in the last four years to improved security of oil pipelines in the Niger Delta. He said the establishment of the integrated energy security for pipelines in the …
The Federal Government on Tuesday commenced the mass trial of suspected terrorists at the Federal High Court in Abuja, marking a shift from the usual venue in Kainji, Niger State. The trials, involving multiple defendants facing terrorism-related charges, were moved to Abuja due to the court’s Easter vacation, which runs from April 7 to April …
Leaders and members of the African Democratic Congress (ADC) on Wednesday staged a protest in Abuja, condemning recent decisions by the Independent National Electoral Commission (INEC), which they said threaten democratic principles and the party’s internal leadership structure. The protest, tagged #OccupyINEC, took place at Maitama Roundabout and drew several prominent opposition figures, including former …
Former national chairman of the African Democratic Congress (ADC), Ralph Nwosu, has said Nafiu Bala and all state chairmen of the party were present at the unveiling of the David Mark leadership of the party. Background to ADC Crisis The ADC has been embroiled in internal disputes since July 2025, when an opposition coalition assumed …
Nigeria’s economic direction in April 2026 is being shaped by five major forces ranging from monetary policy shifts to global shocks, according to a new report by the Alliance for Economic Research and Ethics LTD/GTE. In its 'Weekly Intelligent Business & Ethics Report' seen by Pinnacle Daily, the group said these forces are driving both …
