The Federal Government has approved the digitisation of Nigeria’s fish import licensing process. The aim is to improve transparency, strengthen oversight, and boost domestic fish production. Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, directed the Department of Fisheries and Aquaculture to fast-track the new digital licensing platform. The reform supports President Bola Ahmed …
The Nigeria Sovereign Investment Authority (NSIA) and the International Finance Corporation (IFC) have signed a $154.1 million agreement to expand cancer care across Nigeria. The deal, sealed in Abuja on Tuesday night, aims to improve access to quality diagnostic and treatment services nationwide. Under the partnership, the IFC, the private-sector arm of the World Bank …
The All Progressives Congress (APC) has said it is recording a higher influx of young people into its membership compared to older Nigerians. The National Chairman of the party, Prof. Nentawe Yilwatda, disclosed this on Tuesday during an interview on Politics Today, a programme aired on Channels Television. According to Yilwatda, recent data from the …
Former Governor of Benue State, Gabriel Suswam, has resigned from the Peoples Democratic Party (PDP), stating that his resignation takes immediate effect. Suswam’s resignation was contained in a letter dated Wednesday, February 4, 2026, and signed by the former senator. In the letter, the former governor expressed gratitude to the PDP for providing him with …
The Senate has urged governments at all levels to urgently address gaps in emergency healthcare delivery by ensuring the availability of minimum stocks of anti-venom and other life-saving antidotes in hospitals across the country, especially in snake-prone areas. The call was made during plenary on Tuesday, following recent cases of snakebites nationwide, which gained momentum, …
Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Bayo Ojulari, has reiterated the central role of natural gas in powering Africa's industrial and economic rebirth. Ojulari stated that given Nigeria’s abundance of gas resources (209 trillion cubic feet of proven gas reserves), it has a responsibility to lead the continent out …
Oil and gas operators, led by the Independent Petroleum Producers Group (IPPG) and the Oil Producers Trade Section (OPTS), have called on the Nigerian government to address the burden of multiple fees and charges they face in the industry, warning that the overlapping costs are making Nigeria’s petroleum sector uncompetitive. Chairman of IPPG and Managing …
The World Bank has described Nigeria as a global example of steady and credible reform leadership, citing the country’s consistency in implementing economic changes despite ongoing challenges. The Bank’s Managing Director of Operations, Anna Bjerde, remarked during a meeting on Tuesday with President Bola Tinubu and Vice President Kashim Shettima at the State House in …
The Pension Fund Operators Association of Nigeria (PenOp) has urged Retirement Savings Account (RSA) holders to update their records following the launch of the data recapture portal. The association made the call in a statement seen by Pinnacle Daily on Wednesday. It stated, "Pension Fund Administrators (PFAs) have commenced the rollout of PENCAP, the Data …
Nigerian stock market closed January 2026 on a strong note, as gains in 20 key stocks, spanning heavyweight blue chips and smaller, high-volatility names, combined to lift overall market performance on the Nigerian Exchange Limited (NGX). A review of stock market data for January shows price appreciation in 10 high-cap and 10 cherry-picking stocks that …
