Human rights activist and former presidential candidate Omoyele Sowore has criticised the Nigeria Police Force over the arrest of three individuals linked to a social media report alleging that United Bank for Africa Chairman Tony Elumelu divorced his wife. In a post on Facebook on Monday, Sowore described the arrests as unnecessary, arguing that reporting …
Nigeria is losing as much as ₦7 trillion every year to insecurity, a burden that is weighing heavily on the economy, weakening growth, and pushing up prices, according to a recent publication by the Central Bank of Nigeria (CBN). The report, titled Bullion Vol. 50, No. 1 (January – March 2026), released recently by CBN, …
The United Nations Secretary-General, António Guterres, has expressed deep concern over the growing level of impunity for crimes against journalists, revealing that about 85 per cent of such cases are neither investigated nor punished. Guterres made this known in a message marking World Press Freedom Day, observed annually on May 3 to highlight the importance …
The Consulate General of Nigeria in Johannesburg has issued a safety advisory to Nigerian citizens residing in South Africa ahead of planned nationwide anti-foreigner protests scheduled for Monday, May 4, 2026. In a statement released on Sunday and signed by the Consul General, Ambassador Ninikanwa Okey-Uche, the mission urged Nigerians to remain vigilant following intelligence …
No fewer than 130 Nigerians have registered for voluntary evacuation flights from South Africa following renewed anti-foreigner protests in parts of the country. The Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu, disclosed this in a situation report shared via her X handle on Sunday. She said the evacuation arrangement forms part of diplomatic and security measures …
Former Bayelsa State Governor, Seriake Dickson, has welcomed former Labour Party presidential candidate, Peter Obi, and former presidential candidate of the New Nigeria Peoples Party (NNPP), Rabiu Kwankwaso, into the Nigerian Democratic Congress (NDC). Dickson, who is the national leader of the NDC, described the entry of the two politicians as a major boost to …
The Nigerian Railway Corporation (NRC) has raised concern over a surge in attacks targeting train operations along the Abuja–Kaduna rail corridor, warning that the incidents pose serious threats to passenger safety and national infrastructure. This follows a recent attack near kilometre 177 of the Abuja–Kaduna Highway, where suspected villagers reportedly gathered along the rail track …
The Nigerian stock market delivered a powerful performance in April 2026, with investors adding nearly ₦27 trillion in value in just one month as strong corporate earnings and a global energy shock drove widespread buying across key sectors. At the heart of the rally was a sharp rise in market capitalisation, which climbed from ₦129.21 …
Peter Obi, the former presidential candidate of the Labour Party (LP) in Nigeria's 2023 election, has responded to critics following his departure from the African Democratic Congress (ADC). In a statement on Sunday, Obi responded to those suggesting he is desperate to become president, emphasising that his political moves are principle-driven and not motivated by …
Presco and Okomu Oil Palm Company posted strong growth in the first quarter of 2026, but their performance shows a clear difference in how each company manages debt and runs its operations. A review of the Q1 financial results by Pinnacle Daily shows that Presco emerged stronger in efficiency and debt control. The company grew …
