The failure of the United States and Iran to secure a deal during their peace talks over the weekend in Islamabad, Pakistan, has reignited tensions in the Middle East and sent shockwaves through the global energy market, raising fears of a further fuel price surge in developing nations like Nigeria. The high-level talks in Islamabad, …
Residents of the Makoko waterfront in Lagos have rejected plans to relocate them from their ancestral homes, nearly three months after a mass demolition displaced thousands, insisting instead on being included in a United Nations-backed urban development project. This is according to a press statement signed by community leaders and representatives and sent to Pinnacle …
A war of words has broken out between Bayo Onanuga, special adviser on information and strategy to President Bola Tinubu, and Rauf Aregbesola, national secretary of the African Democratic Congress (ADC), over the administration’s “Renewed Hope” agenda. Aregbesola had, on Tuesday at the ADC national convention in Abuja, described the policy as a “scam”, arguing …
The National secretary of the African Democratic Congress (ADC), Rauf Aregbesola, has said the Independent National Electoral Commission (INEC) had no legal grounds to stay away from the party’s national convention. He made this known on Tuesday at the ADC convention held at Rainbow Event Centre. Before the convention, INEC and the faction led by …
The African Democratic Congress (ADC) has concluded its national convention in Abuja, with delegates approving changes to the party’s constitution and ratifying a new National Working Committee (NWC) led by former Senate President David Mark. Emeka Ihedioha, a former governor of Imo State and chairman of the electoral subcommittee, announced the results of the vote. …
Nigeria’s total public debt rose sharply in the last quarter of 2025 to ₦159.28 trillion, even as the naira strengthened against the US dollar, pointing to increased borrowing rather than currency pressure as the main driver of the surge. The latest figure was released on Tuesday by the National Bureau of Statistics (NBS). It shows …
As conflict in the Middle East enters the second month, there are concerns about the ripple effects on developing economies that depend on imported energy, fertilisers and staple food commodities. For Nigeria, a country already grappling with inflation, currency volatility, and structural inefficiencies, the stakes are particularly high. Rising Costs at the Markets At the …
Nigeria’s fiscal reform programme has reached a defining institutional milestone, with the Minister of State for Finance, Taiwo Oyedele, declaring that the country’s revenue system has been fundamentally restructured for performance, efficiency, and long-term sustainability. Speaking on behalf of the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, at the commissioning of …
President Bola Ahmed Tinubu on Tuesday inaugurated the new Corporate Headquarters of the Nigeria Revenue Service (NRS) in Abuja, charging the agency to uphold trust, fairness, and accountability as Nigeria advances its fiscal reform programme. Speaking at the ceremony, the President said the NRS must earn public confidence and international respect through transparent and efficient …
President of the Senate, Godswill Akpabio, has alleged that the recent increase in insecurity across Nigeria is politically motivated with aim of distracting President Bola Ahmed Tinubu ahead of the 2027 general elections. Speaking at the commissioning of the Nigeria Revenue Service (NRS) Corporate Headquarters in Abuja on Tuesday, Akpabio said the worsening security situation …
