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 …
Access Holdings Plc crossed a major milestone in 2025, posting over ₦1 trillion in profit before tax, but the strong performance came with growing pressure from regulatory fines, legal disputes, and rising costs. A review of the group’s audited results shows gross earnings rose to ₦5.53 trillion, while profit after tax climbed to ₦743 billion. …
Nigeria’s external reserves posted a steady decline through April 2026, shedding close to $1 billion over the month. The development could heighten pressure on the foreign exchange market despite the country’s still robust reserve position, Pinnacle Daily can report. According to data from the Central Bank of Nigeria (CBN), gross external reserves fell consistently day …
Nigeria ranks lowest in the world for life expectancy, sitting at 217th out of 217 countries and territories, according to World Bank Open Data. The country’s life expectancy stands at 54.462 years, making it also the lowest among Africa’s 54 economies and underscoring a deep and persistent public health crisis. Global, African Rankings Paint Grim …
Nigeria’s economic activity slipped into contraction in April 2026, as rising global tensions and weakening demand slowed business performance across key sectors, according to the Central Bank of Nigeria (CBN). The CBN's latest Purchasing Managers’ Index (PMI) report showed the composite index fell to 49.4 points, dropping below the 50-point mark that separates growth from …
