Nigerian motorists and commuters may soon face significantly stiffer penalties for traffic violations following the Senate's passage of the Federal Road Safety Corps (FRSC) Act (Amendment) Bill, 2026. Details of the FRSC Amendment Act obtained by Pinnacle Daily, on Thursday, showed that fines for several offences were raised by up to 300 per cent. The …
The United States House of Representatives has approved an amendment seeking to withhold 100 percent of certain U.S. assistance to Nigeria until the Federal Government demonstrates concrete progress in tackling violence and protecting its citizens. The amendment, sponsored by Representative Gregory Steube of Florida's 17th Congressional District, was adopted by a voice vote on Wednesday, …
The Corporate Affairs Commission (CAC) has commenced the process of striking off 100,000 companies from Nigeria's corporate register over their failure to comply with statutory filing obligations. The exercise, announced in a public notice issued on Wednesday, is in line with Sections 692 (3) and (4) of the Companies and Allied Matters Act (CAMA), 2020, …
The Federation Account Allocation Committee (FAAC) has shared N2.55 trillion among the Federal Government, state governments and local government councils from June 2026 revenue. This marks the highest monthly allocation so far this year as stronger tax collections and oil-related revenues boosted the distributable pool. Details of the distribution were contained in a statement signed …
Corporate Accountability and Public Participation Africa (CAPPA) has commended the federal government's newly launched National Guidelines for Public Procurement of Food and Related Services. Similarly, it urged the federal, state, and local government institutions to fully implement the policy to improve nutrition and promote healthier food choices across public institutions. The guidelines, published in December …
The Dangote Petroleum Refinery has shielded Nigerian consumers from rising global fuel prices by keeping domestic petrol prices stable despite increasing international gasoline prices, higher freight costs, and tightening global fuel supplies. This was contained in the latest market intelligence by S&P Global Commodity Insights. According to the report, fuel importers supplying the Nigerian market are …
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on the Federal Government to immediately restore full commercial production at the state-owned refineries. It warned that relying on a single dominant refinery poses risks to fuel pricing, currency stability, and Nigeria's energy security. It made the call in a statement issued on …
The Nigerian government has concluded the evacuation of its citizens from South Africa, following a wave of anti-immigrant violence and threats against foreign nationals. An Air Peace aircraft carrying 308 Nigerian returnees arrived at the Murtala Muhammed International Airport, Lagos, on Wednesday morning. The flight, which departed Oliver Tambo International Airport, Johannesburg, at 6.30 am, …
The Independent National Electoral Commission (INEC) has said it will recognise only the candidates submitted by the Senator David Mark-led leadership of the African Democratic Congress (ADC), confirming that the faction has already uploaded candidates for 471 elective positions ahead of the 2027 general election. INEC National Commissioner, Mohammed Haruna, said the commission granted the …
The Alliance for Economic Research and Ethics has warned that Nigeria's growing number of ministries, departments, and agencies (MDAs) is hurting businesses, discouraging investment, and weakening the economy, calling for the urgent implementation of long-delayed public sector reforms. The group raised the concerns while reacting to a recent sealing of three soya milk factories in …
