The Nigerian Economic Summit Group (NESG) has appointed investment and entrepreneurship expert, Surayyah Ahmad, to its board as part of efforts to strengthen private sector leadership and drive sustainable economic growth in Nigeria. The appointment was approved during the organisation’s second-quarter board meeting held on May 12, according to a statement issued by NESG Chief …
Ahead of the 2026 Eid-el-Kabir celebrations, the military under the Joint Task Force North-East, Operation HADIN KAI, has placed troops on high alert across the region over fears that remnants of Boko Haram and Islamic State West Africa Province (ISWAP) terrorists may attempt to launch attacks during the festive period. The Theatre Command disclosed that …
The Nigeria Civil Aviation Authority (NCAA) has announced that it has temporarily suspended its earlier decision to halt services to 11 airlines over outstanding debts. Pinnacle Daily reports that the NCAA had, in an internal memo dated May 22, directed the placement of 11 domestic airlines on a “No-Pay-No-Service” list. The directive required all NCAA …
Nigeria has continued to record shortfalls in crude oil production output, reaching 31.6 million barrels in the first four months of 2026, according to a Pinnacle Daily analysis of data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Production Below Budget Targets The NUPRC data revealed a persistent gap between projected and actual oil …
A recent Supreme Court ruling on the powers of the National Inland Waterways Authority (NIWA) could significantly alter Nigeria’s investment landscape for waterfront developments by ending years of overlapping regulatory demands on land adjoining waterways, according to an analysis by the Chairman of Alliance for Economic Research and Ethics LTD/GTE, Dele Oye. In his analysis, …
The United States Mission in Nigeria has announced that the U.S. Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, May 25, in observance of Memorial Day, a federal holiday in the United States. This was disclosed by the U.S. Mission in Nigeria in their official X handle. The post …
The National Drug Law Enforcement Agency (NDLEA), has intensified its crackdown on international drug trafficking syndicates with the arrest of a 63-year-old Chinese woman at the Murtala Muhammed International Airport, Lagos, and the interception of illicit drugs worth over N2.1 billion smuggled into Nigeria from India. The agency also arrested suspects at the Abuja and …
The Abdul Samad Rabiu (ASR) Nigeria Customs Service Hospital in Bauchi has recorded a major breakthrough in its healthcare services following the successful conduct of its first elective Caesarean section, a development being described as a significant milestone in the hospital’s medical history. The historic surgery, carried out on May 17, 2026, marks a new …
Hamzat wins Lagos ticket; Chinda emerges in Rivers; Yusuf, Radda, Aliyu, Bago secure affirmation The All Progressives Congress (APC) tightened its hold on key states on Thursday as incumbent governors secured governorship tickets in several states, while candidates backed by influential party leaders emerged victorious in others ahead of the 2027 general election. Most …
Nigeria’s downstream petroleum sector has again come into the spotlight following the legal action instituted by Dangote Petroleum Refinery against the issuance of fuel import licences and the mixed reactions it has generated among marketers. The development has sparked intense debate across the energy sector, with stakeholders sharply divided over its implications for competition, local …
