Nigeria’s private sector showed signs of recovery in February 2026, but key obstacles are still slowing growth, according to the Nigerian Economic Summit Group (NESG). The group revealed this in its latest Business Confidence Monitor (BCM) report released on Wednesday, March 4. The report shows the Business Performance Index hit 117.2 points, its highest in …
The implementation of a new cashless policy by the Federal Airports Authority of Nigeria (FAAN) has led to significant traffic congestion at access gates of Lagos and Abuja airports in the last three days. Starting March 1, 2026, FAAN prohibited cash payments at all access gates, car parks, and executive lounges. While the policy aims …
Foreign company income tax payments outperformed domestic collections in the third quarter of 2025, driving total Company Income Tax (CIT) revenue to ₦2.96 trillion. A review of the Company Income Tax (Q3 2025) report released on Wednesday, March 4, by the National Bureau of Statistics (NBS) has shown. According to the data, of the ₦2.96 …
The Rivers State House of Assembly has confirmed receipt of a list of commissioner-nominees from Governor Siminalayi Fubara and has invited nine of the nominees for screening and confirmation. The submission of the list comes about three weeks after Fubara sacked eight commissioners who were not affected by the Supreme Court judgment recognising Martin Amaewhule …
The United States Embassy has cancelled all visa appointments scheduled for Wednesday, March 4, 2026, citing a high potential for protests in Abuja amid escalating tensions between the United States and Iran. In a statement posted on its website on Wednesday, the embassy hinted at possible demonstrations in the Federal Capital Territory. It said visa …
The federal government has ordered the immediate suspension of all pilgrimages to Israel following the worsening security situation in the Middle East. The suspension was announced in a statement issued on Tuesday in Abuja by Stephen Adegbite, executive secretary of the Nigerian Christian Pilgrim Commission (NCPC). According to the News Agency of Nigeria (NAN), the …
Nigerians residing in Kuwait and Bahrain have been advised to stay calm and remain vigilant amid conflict in the Middle East. This was contained in a travel advisory issued by the Embassy of the Federal Republic of Nigeria in Kuwait on Sunday, March 1. Chairman of the Nigerians in Diaspora Commission (NiDCOM), Abike Dabiri-Erewa, who …
All is set for the swearing-in of Olatunji Disu as Nigeria’s 23rd Inspector-General of Police following his unanimous endorsement by the Nigeria Police Council (NPC). Disu will be sworn in by President Bola Ahmed Tinubu before the meeting of the Federal Executive Council (FEC), according to the President’s Special Adviser on Information and Strategy, Bayo …
The National Orientation Agency (NOA), in partnership with the National Agency for Food and Drug Administration and Control (NAFDAC), has launched a nationwide campaign to enforce the Federal Government’s ban on sachet alcoholic drinks and alcohol packaged in bottles below 200 millilitres. The enforcement drive, supported by the Federal Competition and Consumer Protection Commission (FCCPC), …
The Nigerian stock market has gained over ₦24 trillion from January 2, 2026, when the market opened for the year, to February 27, 2026, in the first two months of the year. In this report, Pinnacle Daily chronicles the 30 top-performing stocks that powered the strong rally on the Nigerian Exchange Limited (NGX). In the …
