The Federal Competition and Consumer Protection Commission (FCCPC) recovered over N10 billion for consumers after complaints against banks, fintechs, and other sectors. Ondaje Ijagwu, Director of Corporate Affairs, disclosed this on Thursday. The data covers complaints lodged between March and August 2025 via FCCPC complaint platforms. The top ten sectors by complaint volume were: Banking: …
Beginning January 1, 2026, Nigerians and foreign residents will no longer be able to open or operate a bank account without a Tax Identification Number (Tax ID), following the enactment of the Nigeria Tax Administration Act, 2025, recently signed into law by President Bola Tinubu. The new Act is part of government efforts to expand …
Nigeria recorded a ₦7.46 trillion trade surplus in the second quarter (Q2) of the year, according to the National Bureau of Statistics (NBS). It revealed this in its latest foreign trade report released on Friday, September 12. The report shows that Nigeria’s total export of ₦22.75 trillion was higher than its imports of ₦15.28 trillion, …
The Rapid Support Forces (RSF) suffered a major defeat on Thursday as Sudanese armed forces and allied groups captured Bara, a key stronghold previously used to launch attacks on El Obeid, the capital of North Kordofan state. Bara, long considered a bastion of the RSF, sits along the strategic Sadarat Highway linking Khartoum to Kordofan …
The National Agency for Food and Drug Administration and Control (NAFDAC) has confiscated counterfeit malaria drugs valued at N1.2 billion in Lagos State. According to a statement released on Friday, NAFDAC seized 277 cartons of unregistered Malamal Forte malaria drugs stored in a warehouse in the Ilasa-Oshodi area. The counterfeit drugs were hidden in cartons …
Celebrity chef Hilda Baci has launched her latest Guinness World Record attempt, cooking the world’s largest pot of jollof rice, using an ambitious 250 bags of rice. The attempt kicked off at Eko Hotels, Lagos, before a lively crowd of fans, food lovers, and supporters. This marks another bold milestone for Hilda, who shot to …
At least 10 children have died in Niger State following a diphtheria outbreak, prompting the government to launch an emergency response. The measures include mass vaccination, public sensitisation, and rapid case detection. Permanent Secretary of the Ministry of Tertiary Health, Dr. Mohammed Gana, confirmed the deaths in Bida Local Government Area. He blamed the high …
Dangote Refinery has finally concluded plans to start its free fuel distribution scheme on Monday, 15 September 2025. This comes one month after the August 15 date, which was earlier planned to commence the scheme. Pinnacle Daily gathered that the inability of the company to commence in August was due to logistical challenges, which affected …
Natasha Akpoti‑Uduaghan, the senator representing Kogi Central, is the eighth lawmaker to be suspended from the Senate since Nigeria’s return to democratic rule in 1999. She also ranks third among senators who secured legal reversal of their suspensions through court rulings. Pinnacle Daily recalls that the Federal High Court in Abuja, on July 3, ordered …
Veteran broadcaster and actress Doyin Kukoyi has debunked rumours linking her to a secret marriage with Nollywood star Taiwo Hassan, popularly known as Ogogo. Speculations began in 2022 after photos of the pair in matching outfits went viral, with Kukoyi fueling the talk by posting the images with love emojis on Instagram. READ ALSO: Nigeria …
