The Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Friday stated that the administration of President Bola Tinubu cannot address every developmental challenge in the nation’s capital. Wike made the remarks during his monthly media parley, responding to criticisms from former Labour Party presidential candidate Peter Obi over the state of public schools …
In a dramatic turn on Friday, the trial of the detained Indigenous People of Biafra (IPOB) leader, Nnamdi Kanu, was delayed yet again when he failed to open his defense in the Federal High Court, Abuja. The hearing was adjourned to Monday, 27 October, after Kanu told the court that he had yet to gain …
Nigerian music superstar Davido has revealed the purpose of his recent meeting with French President Emmanuel Macron, describing it as an opportunity to share visions for a better world. The 32-year-old Afrobeat singer made the disclosure on Thursday evening via X (formerly Twitter), writing: “It was an honour meeting @EmmanuelMacron and sharing our visions for …
In the shifting landscape of Nigeria’s investment economy, a silent revolution is underway. It is not powered by oil rigs or government budgets but by data, digital innovation, and private capital that are redefining how Nigerian startups grow, scale, and survive. For the first time in decades, private equity (PE) and venture capital (VC) have …
In a landmark judgement, the United Kingdom’s Supreme Court has dismissed the appeal of Process & Industrial Developments (P&ID), effectively ending its decade-long legal battle to secure a colossal $11 billion in damages from the Nigerian government. In the judgement delivered on Wednesday, October 22, 2025, the UK Supreme Court affirmed that the P&ID must …
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Friday assured residents that the FCT Administration (FCTA) is taking all necessary measures to protect them amid ongoing disputes surrounding Rivers Park Estate in Lugbe. Speaking during his monthly press briefing in Abuja, Wike emphasised that the administration would not succumb to blackmail while …
Jaiz Bank Plc has received an upgraded credit rating to A- (long-term) and A1 (short-term), both with a stable outlook. Agusto & Co. Limited, Nigeria’s foremost credit rating agency, upgraded Jaiz Bank’s rating, the bank announced in a statement seen by Pinnacle Daily on Friday, October 24. Jaiz Bank, a pioneer non-interest bank, similarly received …
Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed has congratulated the Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo and Managing Director of Nigeria Liquefied Natural Gas Limited (NLNG), Dr Philip Mshelbila, on their appointments at the Gas Exporting Countries Forum (GECF). While Ekpo emerged …
Nigeria's Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has stated that the Gas Exporting Countries Forum (GECF) must remain a formidable bloc to ensure fair pricing, drive investments in the industry, and ultimately protect the interests of developing nations in the global energy transition agenda. Ekpo made the call during his …
Nigeria’s Coordinating Minister of Health and Social Welfare, Prof. Muhammad Ali Pate, has declared that solving Nigeria’s health crisis is not a matter of technical capacity but political will, calling on state governors, development partners, and the media to take shared responsibility in driving real change. Speaking at a High-Level Health Media Dialogue held in …
