Search
HomeBusiness

Business

News

ADC Alleges Assassination Attempt as Thugs Attack Obi

KEY POINTS Suspected armed thugs allegedly attacked Obi, Oyegun, and ADC members in Benin City, damaging property and injuring supporters. The party claims the incident was an assassination attempt following Akpata’s formal defection event. The attack has heightened political tensions amid recent election disputes...
News

Former NRC Boss Arraigned Over Alleged $385,000, ₦165m Fraud

KEY POINTS Former railway chief Edetanle faces eight fraud-related charges involving over $385,000 and ₦165m. He pleaded not guilty; defence seeks time to file bail request. Court ordered remand and fixed May 2026 for trial dates. The Economic and Financial Crimes Commission, EFCC, on Tuesday...

Keep exploring

Business

NIPCO to Acquire 19 Percent Stake in Savannah Energy

NIPCO Plc will acquire a 19 percent stake in Savannah Energy Plc, strengthening the Kansagra family’s position in Nigeria’s growing gas sector.
Business

Aradel Raises ND Western Stake to 81.7 Percent

Aradel boosts its stake in ND Western to 81.67 percent, reinforcing its upstream dominance and expanding its role in Nigeria’s oil and gas industry.
Business

Nigeria Approves $1 Billion to Modernize Lagos Seaports

Nigeria has approved $1 billion to modernize the Apapa and Tin Can Island ports, a major step in its maritime reform plan led by the Chagoury Group’s ITB Nigeria.
Business

Presco Profit Doubles on Strong Palm Oil Demand

Presco Plc reported over 100 percent profit growth in nine months, driven by strong palm oil demand, higher output, and improved efficiency.
Business

Best Forex Brokers in Nigeria

KEY POINTS When choosing a forex broker in Nigeria, look for regulation by a...
Business

Femi Otedola Sells ₦9.3 Billion Worth of Geregu Power Shares

Femi Otedola sells part of his Geregu Power stake worth ₦9.3 billion but maintains control as the company remains a key power market player.
Business

Dangote Plans to List Up to 10 Percent of Refinery Shares

Aliko Dangote plans to list refinery shares and expand output to 1.4 million barrels per day through global partnerships and investment.
Business

Moniepoint Raises $90 Million to Boost Global Expansion

Moniepoint raises $90 million to expand across Africa and Europe, strengthening its position as a leading force in African fintech innovation.
Business

Johnvents Launches ₦100 Billion Paper for Cocoa Expansion

Johnvents launches ₦100 billion commercial paper to expand cocoa processing, deepen exports, and strengthen Nigeria’s agribusiness capacity.
Business

Adebayo Ogunlesi Charts Africa’s AI Course From Roots

Adebayo Ogunlesi joins OpenAI and backs its African AI academy, channeling his infrastructure acumen into capacity building in Lagos and continental AI ambition.
Business

Nigeria’s Crude Output Reaches 454 Million Barrels in Nine Months

Nigeria’s crude oil production reached 454.28 million barrels in nine months, driven by condensate output despite periodic disruptions and maintenance delays
Business

Foreign Investors Back Nigeria’s Reform-Driven Economic Outlook

Investors at a Washington forum back Nigeria’s economic reforms, citing stronger FX markets, record reserves, and sustainable growth targets.
Load more

Latest articles

News

ADC Alleges Assassination Attempt as Thugs Attack Obi

KEY POINTS Suspected armed thugs allegedly attacked Obi, Oyegun, and ADC members in Benin...
News

Former NRC Boss Arraigned Over Alleged $385,000, ₦165m Fraud

KEY POINTS Former railway chief Edetanle faces eight fraud-related charges involving over $385,000 and...
News

DSS Arrests Alleged ISWAP Commander Linked to Owo Church Massacre

KEY POINTS DSS operatives arrested a sixth suspect linked to the 2022 Owo church...
News

Bayelsa Assembly Confirms Peter Akpe as Deputy Governor

KEY POINTS Bayelsa lawmakers confirmed Peter Akpe as deputy governor following the death of...

The Nigerian Inquirer asks the questions that matter to the people, probing into stories that others might overlook.

© 2025 The Nigerian Inquirer. All Rights Reserved.