After series of protest and plea to maintain his position as the member representing Surulere Constituency I in the Lagos State House of Assembly for the fourth time, the former actor Desmond Elliot, eventually lost his bid to secure the All Progressives Congress (APC) ticket. Although Elliot had in a viral video claimed to have …
The Centre for the Promotion of Private Enterprise (CPPE) has commended the Central Bank of Nigeria’s decision to keep interest rates unchanged, describing the outcome of the 305th Monetary Policy Committee (MPC) meeting as a balanced response to Nigeria’s inflation challenges. In a statement issued on Wednesday, May 20, Chief Executive Officer of CPPE, Dr …
Rivers State Governor, Siminalayi Fubara, has announced his withdrawal from the All Progressives Congress (APC) governorship primaries, citing the need to preserve peace, unity and stability in the state. In a statement released on Wednesday night, Fubara said the decision followed extensive consultations with his family, political associates and supporters. According to him, leadership sometimes …
From lived experiences with diabetes to warnings about rising illness among young Nigerians, CAPPA’s new documentary examines how sugary drinks became woven into everyday life — and the growing health cost of that culture. Living With Diabetes Beyond the Label For 26 years, diabetes has been part of Osarenkhoe Ethel Chima-Nwogwugwu’s life story. But she …
In a strategic move to boost investor confidence and streamline operations across Nigeria’s energy sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have reaffirmed their commitment to a unified regulatory approach. The commitment was solidified during a high-level meeting at the NUPRC headquarters in Abuja, …
The National Drug Law Enforcement Agency (NDLEA) has dismantled a major transnational methamphetamine syndicate involving Nigerian and Mexican nationals, in what authorities described as one of the biggest anti-narcotics operations in the country’s history. The operation led to the discovery and shutdown of a massive clandestine meth laboratory hidden deep inside a forest in the …
A First-of-Its-Kind Healthcare Intervention Inside Nigeria’s Correctional System The Federal Capital Territory (FCT) Minister, Nyesom Wike, has flagged off the first-ever formal health insurance and comprehensive medical outreach programme for inmates across correctional centres in the FCT, bringing over 1,500 incarcerated persons into the Federal Capital Territory Health Insurance Scheme. The initiative, launched at the …
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Wednesday defended the bank’s policy direction on inflation, foreign exchange management, SME financing, banking recapitalisation, customer complaints and external reserves, insisting that recent economic pressures stem largely from external shocks and that ongoing reforms remain on course. Speaking while responding to journalists’ questions …
Banks must go beyond traditional lending products and provide more flexible, structured trade solutions if African businesses are to take advantage of growing cross-border trade opportunities, a Corporate Banking Director at Absa Bank Tanzania, Nellyana Mmanyi, has said. Mmanyi made the call in a statement on Wednesday made available to Pinnacle Daily. She stated that …
The Tanimu Turak-led interim factional National Working Committee (NWC) of the Peoples Democratic Party (PDP) on Tuesday cleared former President Goodluck Jonathan run for president in the 2027 election. The party, which screened 12 governorship aspirants for the 2027 elections, granted Jonathan automatic ticket, making him the party’s only confirmed presidential aspirant for now. Chairman of …
