Rivers State Governor Siminalayi Fubara has urged judges to consider the broader impact of their judgments on the country and uphold integrity in the administration of justice. Fubara made the call on Saturday at the 66th annual conference of the Nigerian Bar Association (NBA) in Port Harcourt, Rivers State. The governor said political manipulation, undue …
Arise Television’s Political News Editor, Sumner Sambo, has urged the African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, to explain to Nigerians what his plan to return to fuel subsidy would entail if elected president in 2027. Sambo made the call on Monday while featuring on Arise Television’s Morning Show. His comment followed Atiku’s pledge …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a deadline to 31 companies that won bids for 37 oil and gas blocks in the 2025 Licensing Round, warning that failure to pay signature bonuses on time will result in the immediate forfeiture of their provisional awards. In an official compliance update, the regulator confirmed …
First HoldCo Plc, FCMB Group Plc and Sterling Financial appear to be taking a more cautious approach to deploying fresh capital after Nigeria’s bank recapitalisation, with equity growth outpacing loan expansion in the first half of 2026, while Wema Bank moved more aggressively into lending. The divergence among the four banks raises an early question …
The Centre for the Promotion of Private Enterprise (CPPE) and the Alliance for Economic Research and Ethics have broadly acknowledged the gains recorded by the Federal Government under its economic reform programme, but both groups said the scorecard presented by Finance Minister and Coordinating Minister of the Economy, Taiwo Oyedele, should not be judged only …
At a recent meeting with the board and management of the Nigerian Exchange Group (NGX) on August 7, President Bola Tinubu promised that the Nigerian National Petroleum Company Limited (NNPC) would be reformed and listed on the Nigerian Exchange, reviving decade-old talks about taking the national oil company to the capital market. For years, the …
The Nigerian Exchange (NGX) closed the trading week ended Friday, August 21, 2026, on a bearish note, as renewed selling pressure across major sectors pushed the benchmark index and market capitalisation lower. The NGX All-Share Index (ASI) fell by 1.35 per cent to 239,351.16 points from 242,619.20 points in the previous week, while market capitalisation …
A coalition of 30 civil society organisations and media houses has petitioned the Inspector-General of Police (IGP), Tunji Ditsu, demanding a thorough investigation into the brutal assault of Pinnacle Daily Editor, Mr Sunday Michael Ogwu, by police officers in the Federal Capital Territory. The Coalition for Whistleblowers Protection and Press Freedom (CWPPF), condemned the attack …
President Bola Tinubu has ordered the immediate suspension of three permanent secretaries and the arrest of a man allegedly linked to the establishment of another fake government agency within the Office of the Secretary to the Government of the Federation. The affected permanent secretaries are M.S. Danjuma, Nadungu Gagare and Richard P. Pheelangwah, while the …
The proposed return of Nigeria’s petrol subsidy regime could recreate the economic distortions that the policy was meant to eliminate, Dr Kazeem Bello, a global financial analyst and principal manager/CEO of Afrique Capital and Equity Funds Limited, has warned. He shared his thoughts with Pinnacle Daily in response to a pledge by the African Democratic …
