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Nigeria has continued to record shortfalls in crude oil production output, reaching 31.6 million barrels in the first four months of 2026, according to a Pinnacle Daily analysis of data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Production Below Budget Targets The NUPRC data revealed a persistent gap between projected and actual oil …

Oil Prices Surge Further as Middle East War Sustains Supply Disruption

The Centre for the Promotion of Private Enterprise (CPPE) has warned that growing calls for unrestricted importation of petroleum products could push Nigeria towards deindustrialisation, weaken domestic industries and deepen the country’s economic dependence on imports. In a statement on Sunday signed by its Chief Executive Officer, Muda Yusuf, the group argued that Nigeria risks …

A recent Supreme Court ruling on the powers of the National Inland Waterways Authority (NIWA) could significantly alter Nigeria’s investment landscape for waterfront developments by ending years of overlapping regulatory demands on land adjoining waterways, according to an analysis by the Chairman of Alliance for Economic Research and Ethics LTD/GTE, Dele Oye. In his analysis, …

The National Drug Law Enforcement Agency (NDLEA), has intensified its crackdown on international drug trafficking syndicates with the arrest of a 63-year-old Chinese woman at the Murtala Muhammed International Airport, Lagos, and the interception of illicit drugs worth over N2.1 billion smuggled into Nigeria from India. The agency also arrested suspects at the Abuja and …

Hamzat wins Lagos ticket; Chinda emerges in Rivers; Yusuf, Radda, Aliyu, Bago secure affirmation    The All Progressives Congress (APC) tightened its hold on key states on Thursday as incumbent governors secured governorship tickets in several states, while candidates backed by influential party leaders emerged victorious in others ahead of the 2027 general election. Most …

APC GOV PRIMARIES

Electoral commission cannot shorten deadlines provided by law, judge rules   A Federal High Court in Abuja has nullified portions of the Independent National Electoral Commission’s (INEC) timetable for the 2027 general election, ruling that the commission lacks the legal authority to alter timelines expressly provided in the Electoral Act, 2026. The judgment followed a …

INEC Releases Final List of 17 Candidates for FCT Council Elections

Governor Bassey Otu has secured the governorship ticket of the All Progressives Congress (APC) in Cross River State after a statewide affirmation exercise conducted across the 18 local government areas of the state. The endorsement came as the APC continued its primary elections for various elective positions. Party officials, stakeholders and supporters turned out in …

Cross-River-State-Governor-Otu

Kingsley Chinda, a core ally of the FCT Minister and Former Governor of Rivers State, Nyesom Wike, has emerged as the governorship candidate of the All Progressives Congress (APC) in the State ahead of the 2027 election. Chinda, a member of the House of Representatives, who represents Obio/Akpor Federal Constituency was the sole aspirant in …

Kingsley-Chinda

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