The National Association of Resident Doctors (NARD) has sounded a dire alarm over what it calls “slavery-like” working conditions in Nigerian hospitals. Speaking exclusively to Pinnacle Daily, NARD National President Dr Osundara Tope Zenith warned that unless the government urgently reforms the system, Nigeria risks not only more doctors’ deaths but also a collapse of …
The quiet revocation of valid visas by the United States Embassy in Nigeria has rattled many who had already secured entry clearance. Professionals, students, entrepreneurs, and families now face disrupted plans, mounting financial losses, and deep uncertainty over their futures. An article published on The Cable by former NNPC spokesperson Olufemi Soneye revealed that the …
The African Democratic Congress (ADC) has urged the Federal Government to assume full responsibility for completing the long-abandoned National Library of Nigeria project in Abuja, warning that the national treasure must not be relegated to a personal, celebratory initiative. In a statement issued on Wednesday by Bolaji Abdullahi, the ADC’s National Publicity Secretary, the party …
The recent hike in the price of Compressed Natural Gas (CNG) to N380 per standard cubic meter (SCM), from N230, raises concern about the Federal Government's plans to adopt CNG to cushion the impact on transport costs and economic hardship faced by Nigerians. This signifies a 65.22 per cent hike or N150 increase in the …
President Bola Ahmed Tinubu says Nigeria met its 2025 revenue target as early as August and now has enough resources to run government programmes without borrowing. He described the development as proof that the economy, once shaken by turbulence, is beginning to stabilise. Tinubu made the disclosure yesterday at the Presidential Villa, Abuja, while hosting …
In an unprecedented move, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have jointly declared that registered firms in the United States are permitted to trade spot cryptocurrencies, signalling a regulatory breakthrough in the crypto industry. This announcement marks a new chapter in the U.S. government's approach to regulating …
The just-concluded Rivers State local government election has triggered heated debates over legality, democratic legitimacy, and the entrenched power struggle between Governor Siminalayi Fubara and his estranged political benefactor and FCT Minister Nyesom Wike. The polls, which saw the APC sweep 20 chairmanship seats while the PDP managed only three, were conducted under the supervision …
Pressures are mounting on mid-tier banks in Nigeria to meet the Central Bank of Nigeria's (CBN) mandatory recapitalisation deadline of March 2026. This may force mergers and alliances among the tier-2 banks, as SB Morgen Intelligence, an Africa-focused research firm, documented in its latest report. It listed the leading tier-2 banks to include First City …
The Päijät-Häme District Court in Finland has sentenced Simon Ekpa, a prominent pro-Biafra agitator, to six years in prison for terrorism-related offences. In a ruling delivered on Monday, the court found Ekpa guilty of inciting terrorism and actively participating in a terrorist group. Incitement through Social Media According to Finnish news outlet Yle, Ekpa used …
Nigeria's electricity crisis remains one of the most significant constraints on its economic development. Despite being Africa's largest economy, Nigeria struggles with chronic power shortages, with operational output hovering around 5,000 megawatts (MW) for a population of over 200 million people. The centralised model of electricity generation, transmission, and distribution has, according to experts, proven …
