In a move that significantly redraws the map of global mobility, United States President Donald Trump has announced a major expansion of U.S. entry restrictions, targeting nationals from 24 countries, including Nigeria. The decision, framed as a national security imperative, deepens Washington’s hardened immigration posture and signals a new era of selective access to the …
Oil prices climbed more than 2% on Wednesday after U.S. President Donald Trump ordered a full blockade of sanctioned oil tankers operating in and out of Venezuela, triggering fresh concerns over supply disruptions. Brent crude futures rose $1.41, or 2.4%, to $60.33 a barrel by 10:18 GMT. U.S. West Texas Intermediate (WTI) gained $1.42, or …
President Bola Ahmed Tinubu has urged Nigerians not to fear about the new tax regime set to begin next year, promising significant benefits for low-income earners, small businesses, and essential sectors. Speaking at the 8th Annual Senator Abiola Ajimobi Roundtable and the 76th posthumous birthday lecture of the late Oyo State governor at the University …
The Debt Management Office (DMO) has urged state governments to follow the Fiscal Responsibility Act and other borrowing laws. It warned that loans taken outside the legal framework could weaken fiscal stability at the sub-national level. The Director-General of the DMO, Ms. Patience Oniha, delivered the message on Tuesday in Abuja. She spoke at a …
The Federal Road Safety Corps (FRSC) has warned celebrities, social media influencers, and content creators against using public roads to record or live-stream content, citing serious safety risks and legal violations. The warning followed a viral video showing TikToker Peller live-streaming while driving, which resulted in a road crash. FRSC Corps Marshal Mallam Shehu Mohammed, …
The Nigeria Police Force (NPF) has arrested ten suspects in a coordinated intelligence crackdown on gunrunning, drug trafficking and kidnapping across eight states and the Federal Capital Territory (FCT). The operations covered Plateau, Adamawa, Kaduna, Zamfara, Lagos, Ondo, Kogi and the FCT. Police recovered 19 firearms, including seven AK-47 rifles, three pump-action guns, two single-barrel …
An agricultural economist, Ikechi Agbugba, has suggested that farmers can reduce their dependence on pesticides by adopting certain approaches. He shared his perspective on this with Pinnacle Daily, while highlighting the potential negative impacts of high organochlorine pesticide (OCP) levels on soil health and food security. Agbugba, an associate professor of Agricultural Marketing in the …
Nigeria recorded ₦12.81 trillion as revenue from crude oil exports in the third quarter (Q3) of 2025. This is according to the National Bureau of Statistics (NBS) Foreign Trade Statistics report for Q3 2025, released last week. The report revealed that crude oil exports accounted for 56.14 per cent of total exports. The NBS data …
Nigerian Ports Authority (NPA) has reported a dramatic 1,085 per cent year-on-year surge in export-laden containers during the third quarter (Q3) of 2025. The latest operational data released by the NPA on Monday, December 15, shows that export-laden containers rose from 5,812 Twenty-foot Equivalent Units (TEUs) in Q3 2024 to 69,039 TEUs in Q3 2025. This is …
Iran has introduced a new pricing tier for its nationally subsidised gasoline in an effort to rein in rising economic pressures, marking the most significant adjustment to the country’s fuel-subsidy system since the 2019 price hike that sparked widespread protests and a violent crackdown. Under the revised system, Iranian motorists can still purchase 60 litres …
