The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has lamented that the Nigerian capital market's 10-year vision has failed to achieve half of its objectives. Agama expressed the dissatisfaction in a lead paper titled 'Evaluating the Nigerian Capital Market Masterplan 2015-2025'. He presented the paper at the annual conference of the Chartered …
Industry leaders have begun to gather in Lagos for the 19th edition of Oil Trading and Logistics (OTL) Africa Downstream Energy Week, focused on shaping Africa’s downstream energy future in areas of leadership, investment, and innovation across the petroleum value chain. The event, themed “Energy Sustainability – Growth Beyond Boundaries and Competition”, organised in collaboration …
Peter Obi and others highlight benefits of decentralised ports to the Nigerian economy. The recent approval of a $1 billion investment aimed at modernising the Apapa and Tin-Can Island ports in Lagos by the Federal Government has reignited calls for decentralisation of seaport infrastructure across Nigeria. Analysts believe that developing seaports in other maritime …
Some minority shareholders of Access Holdings Plc have demanded the removal of the Group Chairman, Aigboje Aig-Imoukhuede. The demand is based on the breaches of corporate governance and conflicts of interest following the death of the former chairman, Herbert Wigwe. In a note on its 2025 half-year financial statements released on Friday, October 23, Access …
U.S. President Donald Trump has ended trade talks with Canada after denouncing a political ad that used Ronald Reagan’s voice to criticise tariffs. The ad, produced by Ontario’s provincial government, reignited tensions between both countries as they negotiate new steel and aluminium trade terms. The controversy began when Ontario aired an ad using edited …
More than 75 million Americans receiving Social Security and Supplemental Security Income (SSI) benefits will see their monthly payments rise by 2.8% in 2026, marking the first time in three years that the annual adjustment has outpaced the previous year’s increase. The Social Security Administration (SSA) announced the cost-of-living adjustment (COLA) on Friday, shortly after …
The M23 rebel group denied stealing millions of dollars in gold from a mine in South Kivu. At the same time, the group accused government forces of breaking the ceasefire. Twangiza Mining Company said this week that M23 took over 500 kilos of gold from its concession. The company claimed the rebels used Rwandan geologists …
Ghanaian police rescued 57 Nigerians trafficked into the country and arrested five suspects running a cybercrime and human trafficking network, authorities confirmed Thursday, October 23. On Wednesday, October 22, the Criminal Investigations Department (CID) raided a building in a suburb of Accra, where victims aged 18 to 26 were forced to participate in online romance …
Senator Mohammed Adamu Aliero, representing Kebbi Central, has raised alarm over the increasing tendency of defeated candidates using bribery to influence court judgements in election cases, describing it as a dangerous practice that undermines Nigeria’s democratic process. Aliero made the remarks during the opening of a retreat for Senate and House Committees on Electoral Matters …
Foreign investors' transactions on the Nigerian Exchange Limited (NGX) rose to N387.62 billion, hitting a six-month high in September 2025. Pinnacle Daily's review of the latest monthly NGX Domestic and Foreign Portfolio Investment Report has shown. Analysis of the report revealed that transactions executed by foreign investors were highest at N699.89 billion in March but …
