Twenty-four hours after Nigeria’s national grid collapsed, power generation has rebounded, reaching 4,410 megawatts (MW) as of Saturday evening, checks by Pinnacle Daily reveal. Pinnacle Daily reports that as of 5:00 pm on Saturday, January 24, power generation has recovered, reaching 4,410.54 megawatts (MW). According to the Nigerian Independent System Operator (NISO) GRID performance dashboard, …
Several overlooked stocks emerged as major drivers of Nigeria’s stock market in 2025, delivering unexpectedly strong performances. The forces behind their gains may shape future investment decisions and signal patterns investors should watch. Pinnacle Daily reported that the stock market delivered a robust 51.19 per cent year-to-date return and a ₦36.62 trillion gain for investors. …
The Federal Ministry of Works will receive the largest funding for projects and operations under the 2026 Appropriation Bill. The Pinnacle Daily review of the 2026 proposed budget has shown. Others in the category are the Federal Ministry of Defence, the Ministry of Education, the Ministry of Health, and the Ministry of Agriculture and Food …
The Chief of the Naval Staff (CNS), Vice Admiral Idi Abbas, has called for exploring emerging maritime defence technologies aimed at strengthening the operational capabilities of the Nigerian Navy. Vice Admiral Abbas made the call at the ninth edition of the Doha International Maritime Defence Exhibition and Conference (DIMDEX) 2026 in Qatar. The naval chief …
Guinea-Bissau has stopped a US-backed hepatitis B vaccine study on newborns due to ethical concerns. The country's health minister said the six-member ethics committee never met before approving the trial. The study planned to vaccinate some newborns and withhold the vaccine from others. Researchers would track illness, deaths, and development over five years. Critics argue …
Twenty-four Nigerian universities appeared in the 2026 Times Higher Education (THE) World University Rankings by Subject, marking the first time the country has recorded such a feat. The rankings, released on January 21, make Nigeria the most represented country in Sub-Saharan Africa. The 2026 rankings cover 11 areas: Arts and Humanities, Business and Economics, Computer …
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has filed a suit at the National Industrial Court (NIC) in Abuja, challenging the ongoing strike by workers of the Federal Capital Territory Administration (FCTA). The legal action follows the commencement of an indefinite industrial strike by the Joint Unions Action Committee (JUAC) after the …
The Chief Judge of Rivers State, Simeon Amadi, has declined to constitute a judicial panel to investigate Governor Siminalayi Fubara, citing existing court injunctions. The Rivers State House of Assembly had requested the formation of a seven-member panel to probe allegations of gross misconduct against Governor Fubara and his deputy, Professor Ngozi Odu. The request …
The Federal Government says Nigeria could save over ₦3 trillion annually in foreign exchange by blending bioethanol with Premium Motor Spirit (PMS). The initiative is designed to reduce the country’s reliance on imported fuel while strengthening domestic agriculture and industry. Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, announced the plan at a …
World leaders and business executives at the World Economic Forum explore new trade alliances as U.S. tariffs reshape global commerce. President Donald Trump’s aggressive use of tariffs, most recently threatening European allies over Greenland before striking a NATO framework deal, has renewed efforts to expand global trade outside the U.S. sphere. At the World Economic …
