Despite increasing its ex-depot price of Premium Motor Spirit (petrol), in the last one week, Dangote Petroleum Refinery’s cost still remains lower than imported products. Pinnacle Daily’s analysis of available trade data shows that the landing cost of imported petrol in Nigeria has risen above the ex-depot price offered by Dangote Refinery despite periods of …
Former Minister of Power, Adebayo Adelabu, has withdrawn from the legal and internal contest over the 2027 governorship ticket of the All Progressives Congress (APC) in Oyo State, urging the party’s national leadership to reconcile aggrieved members. His withdrawal comes barely four months after he officially resigned as the Minister of Power to join the …
President Bola Ahmed Tinubu has sworn in Abel Olumuyiwa Enitan as the new Head of the Civil Service of the Federation amid questions over his age and how long he can remain in the position before attaining the mandatory retirement age. Enitan, who was sworn in at the State House, Abuja, on Thursday, is 59 …
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has said the commission is considering appealing a Federal High Court ruling that dismissed its application for the final forfeiture of nine properties linked to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami. “Even the nine that were left for …
The death toll from devastating flash floods in Nepal has risen to 389, while six South Africans are among 468 tourists and travellers reported missing as rescuers in Nepal and Tibet race to find survivors. The flash floods destroyed homes, swept away vehicles and bridges and cut off major roads after a glacial collapse near …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set a target of completing its proposed permanent headquarters in the first quarter of 2027, saying the project will enhance operational efficiency and strengthen Nigeria’s attractiveness to oil and gas investors. According to a statement by the Head, Media and Communications, NUPRC, Eniola Akinkuotu, the Commission’s Chief Executive, …
Former Minister of Justice, and African Democratic Congress (ADC) Governorship candidate for Kebbi State, Abubakar Malami, SAN, has inaugurated a 600-member campaign council ahead of the 2027 general elections. Malami, after inaugurating the council members in Kebbi on Wednesday, said the inauguration marked the beginning of a coordinated effort to take the ADC’s programmes and …
Nasarawa State Governor Abdullahi Sule has ordered an immediate investigation and arrest of health workers responsible for the diversion and sale of hospital equipment donated to a health facility in the Umaisha Development Area of the state. Sule gave the directive on Wednesday during the swearing-in of eight commissioners, special advisers, permanent secretaries and board …
Minister Tegbe expresses optimism that Nigeria will achieve 24-hour electricity supply to boost industrialisation The Nigerian government has set a target of 8,000 megawatts (MW) of electricity generation and transmission by the end of 2027 as part of its efforts to address persistent power supply challenges and support industrial growth. Speaking on Wednesday, August …
Former head of Rwanda’s presidential guard, Col Tom Byabagamba, has died in prison 12 years after he was arrested and detained by authorities. Byabagamba, 59, who once served as President Paul Kagame’s personal bodyguard, was arrested in 2014 alongside his brother-in-law, retired Brigadier-General Frank Rusagara. The two men were accused of spreading rumours and tarnishing …
