Efforts by Nigeria’s opposition bloc to rally behind a single presidential candidate for the 2027 elections seem to be suffering setbacks, following emerging divisions after the Ibadan summit. Analysts say the developments may favour the ruling All Progressives Congress (APC). While leaders at the meeting signalled a shared resolve to challenge President Bola Ahmed Tinubu, cracks …
The Kogi State Government has confirmed the abduction of 24 children from an orphanage, raising fresh concerns over security in the state. The incident, which occurred in the early hours of Sunday, April 26, 2026, saw armed men storm the facility and take the children to an unknown destination. Confirming the development, the State Commissioner …
The Kano State House of Assembly has confirmed Murtala Sule Garo as the new Deputy Governor of the state. His confirmation followed a screening exercise conducted during plenary presided over by Speaker Jibril Isma’il Falgore. Presenting the committee’s report, Deputy Speaker Muhammad Bello, who chaired the ad hoc panel, said the nomination came after the …
The United States Mission in Nigeria has warned Nigerian travellers against visa overstays and fraudulent practices, noting that such actions could have far-reaching consequences for future applicants. In a statement shared via its X handle on Monday, April 27, the mission stressed that strict compliance with U.S. immigration rules is essential to maintaining fair and …
For the proposed State Police system to function effectively, a constitutionally backed funding structure with guaranteed contributions from both federal and state governments is essential. This formed part of key recommendations by the Prof. Olu Ogunsakin-led Steering Committee on State Police, inaugurated recently by the Inspector-General of Police, Olatunji Disu. According to the report, the …
United Bank for Africa (UBA) Plc delivered a sharply weaker financial performance in 2025, as foreign exchange losses, rising loan impairments, and mounting legal risks combined to erode profit and force a steep cut in shareholder returns. Pinnacle Daily analysis of the bank’s audited results shows that profit before tax for the group fell by …
The Nigerian National Petroleum Company Limited (NNPC) has stated that its crude oil trading has risen to a five-year high of 1.71 million barrels per day (mbd) within the last one year under the watch of its Group Chief Executive, Bayo Ojulari. This is contained in NNPC’s newly released One-Year Mandate Report covering April 2025 to …
The Nigeria Democratic Congress (NDC) has invited Peter Obi and Rabiu Kwankwaso, leading figures in the African Democratic Congress (ADC), to join its platform and contest the 2027 general election. In a post on X on Sunday, the party suggested that the two politicians have a two-week window to defect and secure its presidential ticket. …
The Nigerian stock market is currently heavily controlled by a small group of companies, with just 26 firms, including MTN Nigeria Communications and Dangote Cement, accounting for over 90 per cent of the total value of the Nigerian Exchange (NGX) market capitalisation. Pinnacle Daily analysis of market data from the NGX price list for April …
Industry analysts and domestic airline operators have called on the Nigerian government to address the root cause of the aviation fuel price hike to bring relief to operators who have continued to absorb the soaring costs. They argued that while the approval of a 30 per cent discount on outstanding debts owed by domestic …
