President Donald Trump has said the United States (US) is seeking to take control of Greenland because of its critical strategic importance to American and global security. He argued that neither Denmark nor the North Atlantic Treaty Organisation (NATO) is capable of defending the vast Arctic territory against emerging global threats. He said this during …
The Federal High Court in Abuja has fixed January 26 to deliver a ruling on the final forfeiture of a London property linked to the late Jeremiah Useni, former minister of the Federal Capital Territory (FCT). The court fixed the date after no individual or representative of Useni’s estate appeared within the statutory 14-day period …
Nigeria’s cocoa sector recorded a remarkable 62.25 per cent increase in export earnings during the first three quarters of 2025, underscoring the crop’s pivotal role in the nation’s agricultural trade and highlighting its resilience amid evolving global market conditions. A review by Pinnacle Daily of the National Bureau of Statistics’ ‘Foreign Trade in Goods Statistics’ …
BUA Cement has restated its move to increase its total production capacity to 20 million metric tonnes per annum (mtpa). This expansion is part of the company’s strategic goal to address Nigeria's infrastructure deficit and lower the cost of cement through increased domestic supply. BUA Chairman Abdul Samad Rabiu said part of the expansion plan …
The Debt Management Office (DMO) has revealed plans to raise ₦900 billion through the reopening of three Federal Government of Nigeria (FGN) bonds at its January 2026 bond auction. The auction is scheduled for January 26, 2026, with settlement expected on January 28, 2026, DMO stated in a circular released on Monday. The offer spans …
The Chief of Army Staff (COAS), Lt.-Gen. Waidi Shaibu, has reaffirmed the Nigerian Army’s commitment to restoring and sustaining peace and security in Plateau State and across the country. Shaibu gave the assurance on Tuesday during a courtesy visit to Plateau State Governor, Mr Caleb Mutfwang, and the Gbong Gwom Jos, Da Jacob Gyang Buba, …
Nigeria's non-oil export sector achieved a historic milestone in 2025, reaching a record $6.1 billion in earnings. This represents an 11.5 per cent increase from the $5.46 billion recorded in 2024, marking the highest value since the Nigerian Export Promotion Council (NEPC) was established nearly 50 years ago. This was revealed on Monday in Abuja …
The National Drug Law Enforcement Agency (NDLEA) has arrested 77,792 drug offenders, including 128 major barons. It also secured 14,225 convictions and seized over 14.8 million kilograms of illicit substances in the past five years. This was announced by NDLEA Chairman/CEO Brig. Gen. Mohamed Buba Marwa (Rtd) at the 11th Chairman/Chief Executive Officer (CCEO) Awards …
Fire gutted a one-storey commercial building in Ikeja’s Computer Village, Lagos, early Tuesday, destroying property worth millions of naira. The blaze, which broke out around midnight on Somoye Street, affected a building housing dealers of computers and computer accessories. No casualties were reported, though a Lagos State Fire and Rescue Service official sustained minor injuries …
The International Monetary Fund (IMF) has raised Nigeria’s economic growth forecast for 2026 to 4.4 per cent. The Fund cited improved macroeconomic conditions and ongoing reforms as key drivers. According to the IMF’s January 2026 World Economic Outlook (WEO), titled “Global Economy: Steady amid Divergent Forces”, Nigeria’s economy will grow steadily from 4.1 per cent …
