Nigeria's recent Eurobond issuance of US$2.25 billion has caught the attention of financial experts and investors alike. While the bond was oversubscribed, meaning there was strong investor demand, the coupon rate of 9.125% for the 10-year tranche and 9.625% for the 20-year tranche raises a few eyebrows. This rate appears to be on the higher …
U.S. stock index futures climbed on Monday amid signs of progress in Washington to end the record-long government shutdown that has stalled economic data releases and raised concerns about the economy. On Sunday, senators advanced a House-passed bill to fund the government until January 30. If approved by the Senate, the measure must still pass …
The United States government has introduced new immigration guidelines that could deny visas and green cards to foreign nationals living with chronic health conditions such as diabetes, heart disease, cancer, and other long-term illnesses. The directive, issued under President Donald Trump’s administration, expands the interpretation of a “public charge”, a term in U.S. immigration law …
The candidate of the All Progressives Grand Alliance and incumbent governor, Prof. Chukwuma Soludo, has been declared the winner of the Saturday, November 8, 2025, Anambra State governorship election by the Returning Officer of the Independent National Electoral Commission, Prof. Edoba Omoregie. Soludo, who polled a total of 422,664 votes, defeated his closest rival, the …
Every December, Lagos transforms into a magnetic cultural phenomenon a city pulsing with rhythm, reunion, and revelry. It is the season when Nigerians from across the diaspora, popularly known as IJGBs (“I Just Got Backs”), return to the city for what has become an annual pilgrimage of fun, nostalgia, and self-expression. These returnees arrive …
Nigeria’s music industry has long been a force to reckon with on the global stage, blending Afrobeat, R&B, hip-hop, and soul into sounds that resonate far beyond the country’s borders. Today, the world is taking notice, and nowhere is this more evident than at the Grammys, the music world’s most prestigious awards. In recent years, …
Thomas Wyatt Nigeria Plc and Premier Paints Plc are among the bottom 10 stocks on the Nigerian stock market struggling to maintain compliance with the post-listing requirements on the Nigerian Exchange Limited (NGX), checks by Pinnacle Daily have shown. Analysts see this non-compliance with post-listing requirements as negatively affecting companies' overall performance and eroding investors' …
Despite a dramatic threat from US President Donald Trump to launch military action against Nigeria over alleged Christian persecution, the country’s economy remains remarkably stable, reflecting resilience amid geopolitical tensions. Data from key economic activities as monitored by Pinnacle daily highlight a robust economic outlook, showcasing the Nigerian economy’s ability to weather external challenges. Trump's …
The Federal Government has urged United States President Donald Trump to approach Nigeria’s security situation with understanding and caution, following his recent claim that Christians were facing genocide in the country. Minister of Information and National Orientation Mohammed Idris made the appeal during a press briefing in Abuja on Wednesday, days after Trump threatened possible …
With the successful subscription of the $2.35 billion Eurobond issuance, which was oversubscribed by $10.65 billion, Nigeria's public debt is expected to rise by $34.63 billion on average, Pinnacle Daily can report. The nation’s Debt Management Office (DMO) on Wednesday, November 5, disclosed that Nigeria had returned to the international capital market to raise a …
