Nigeria's stock market is witnessing a remarkable surge in activity, but beneath the impressive growth figures lies a significant shift in investor composition, Pinnacle Daily can report. While total transactions on the Nigerian Exchange Limited (NGX) climbed to ₦1.8 trillion in April 2026, foreign investors are steadily losing ground to domestic players, raising questions about …
Across Africa, water is no longer just an environmental concern but has become a hard economic constraint with measurable consequences for growth, productivity, and human development. New consolidated estimates from the United Nations, the African Union, the World Bank, and the UN Economic Commission for Africa show that achieving universal access to safe drinking water …
The Former Minister of Power and governorship aspirant of the All Progressives Congress (APC) in Oyo State, Adebayo Adelabu, has called on his supporters to remain calm as the party awaits an official announcement on the outcome of its governorship primary. In a statement issued on Monday, Adelabu said the APC national headquarters had not …
Osun State Governor, Ademola Adeleke, has described himself as the “goalkeeper” appointed by God to safeguard the state from those seeking to take over its leadership. Adeleke, who is seeking another term in office ahead of the August 15, 2026 governorship election, made the remarks in a statement posted on his verified X account on …
The Central Bank of Nigeria (CBN) has undertaken a major leadership reshuffle, redeploying all four of its deputy governors in a move aimed at strengthening coordination across key directorates and aligning responsibilities with the bank’s evolving priorities. The changes, which took effect on June 1, 2026, were reflected in updated profiles published on the apex …
The Federal Government may lose close to $1 million in customs duties and taxes if the planned disposal of more than 2,500 empty shipping containers by Grimaldi Nigeria proceeds without compliance with existing customs regulations, a maritime industry expert has warned. Speaking during an interactive session with members of the Shipping Correspondents Association of Nigeria …
For millions of Nigerian families already grappling with rising food prices, transportation costs, and electricity challenges, the latest surge in the price of cooking gas has added another layer of hardship. Recent data released by the National Bureau of Statistics (NBS) confirmed that the average cost of refilling a 5kg cylinder of Liquefied Petroleum Gas …
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says work has resumed after the suspension of a one-day strike called by workers’ unions on Monday. Pinnacle Daily reports that the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) division of the NUPRC embarked on a nationwide strike, shutting down operations on Monday over unresolved welfare and administrative …
Top regulators, bank chiefs and fintech founders gathered in Abuja on Monday with a shared mission and a shared warning. Nigeria's payment system is world-class. But millions are still locked out. Here is the plan to change that and the hard questions nobody is dodging. By the time the panellists took their seats at the …
When a market woman in Onitsha taps her phone to collect payment for a bag of tomatoes, she probably does not think about monetary policy or digital ecosystems. She thinks about whether the transfer will work, how long it will take, and whether she will be charged a fee that eats into her already-thin margins. …
