Residents of the nation’s capital on Saturday trooped out to vote for chairmen and councillors in the six area councils of the Federal Capital Territory (FCT), with security agencies deployed across polling units to ensure a peaceful exercise. According to live report by Channels Television Movement within parts of the territory was restricted as police …
Voting at several polling units in Kubwa, a suburb of Abuja, faced significant challenges on Saturday as electoral officers struggled with technical glitches, low voter turnout, and logistical shortcomings. At Polling Unit 046, voters experienced delays due to malfunctioning Bimodal Voter Accreditation Systems (BVAS), which took unusually long to capture each voter. Some voters were …
Accreditation and voting were yet to commence at Polling Unit 010 in Kubwa, a suburb of Abuja, as of 10:20 a.m., following confusion over the deployment of electoral officials. The polling unit, which has over 4,700 registered voters, was yet to begin the process, raising concerns among residents about the potential impact of the delay …
Voting experienced further delays in parts of Kubwa, a suburb of Abuja, as electoral officials arrived behind schedule at some polling units on Saturday morning. At Polling Unit 004, officials arrived at about 9:42 a.m., nearly two hours after the expected commencement time. As of their arrival, voting had not yet begun, with voters already …
Voting activities in parts of Kubwa, a suburb of Abuja, were yet to fully commence as of 8:15 a.m. due to the absence of basic logistical arrangements at several polling units. At Chief Palace, Katampe Street, Kubwa, as well as Kubwa Primary School 2, Polling Unit 046 at the Primary School football pitch, and Polling …
Nigeria’s insurance sector recorded mixed fortunes in 2025 as rising claims and fluctuating loss ratios reshaped profitability across leading firms. A Pinnacle Daily review of the 2025 financial statements of 10 major insurers shows a market driven by large premium volumes, underwriting discipline, and strong investment income. While some firms successfully balanced claims obligations with …
Professor Wumi Iledare, a renowned expert in petroleum economics and Professor Emeritus at Louisiana State University, has reacted to President Bola Tinubu’s Executive Order 9 of 2026, directing the restructuring of oil and gas revenue remittances to the Federation Account. The order signed by President Tinubu on February 13 but announced on February 18, 2026, …
The Nigeria Labour Congress (NLC) has again criticised the demand by power generation companies (GenCos) for the payment of ₦6 trillion in outstanding debts, describing the move as a “brazen attempt to loot the public treasury.” NLC had earlier kicked against plans by the Federal Government to settle debt owed to GenCos, arguing that the …
The Federal Government has introduced a new Investment Budgeting framework to stop funding non-performing projects and boost accountability as Nigeria targets a $1 trillion economy. The Minister of State for Finance, Doris Uzoka-Anite, announced the reform during a meeting with Tayo Aduloju, Chief Executive Officer of the Nigerian Economic Summit Group. Uzoka-Anite said the government …
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has kicked against President Bola Tinubu's recent Executive Order mandating the direct remittance of all oil and gas revenues to the Federation Account. The union warns that the directive is a “direct attack” on the Petroleum Industry Act (PIA) and could lead to significant …
