The Nigerian Inquirer

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Adelabu Quits as Power Minister to Chase Oyo Governorship Ambition

KEY POINTS Adebayo Adelabu has resigned as Minister of Power, effective April 30, 2026. He cited his intention to contest the Oyo State governorship and comply with electoral laws. His exit marks a significant development ahead of upcoming elections in the state. Nigeria’s Minister of...

April 23, 2026

News

FG, States, LGs Share ₦2.036 Trillion as Taiwo Oyedele Chairs First FAAC Meeting

KEY POINTS FG, states, and LGs received allocations from March 2026 revenue, with oil-producing states getting ₦120.759 billion derivation. The finance minister chaired his first FAAC meeting, marking another ₦2 trillion-plus distribution this year. Statutory revenue increased, but VAT and key oil-related revenues recorded...

April 23, 2026

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Dangote Seeks Billions to Secure Crude Supply for Mega Refinery

Dangote’s mega refinery aims to reduce Nigeria’s fuel imports, but securing crude supply and overcoming financial challenges remain critical hurdles.

November 19, 2024

Business

New Lab Launched To Empower Nigeria’s MSMEs

Nigerian MSMEs get mentorship and tools to scale businesses with new SSE Lab in Lagos.

November 19, 2024

Business

Tech Fair 4.0 To Unveil AI And Cybersecurity Focus At Zenith Bank

Zenith Tech Fair 4.0 brings innovations in AI, cybersecurity, and finance with global tech experts and a startup pitch competition.

November 19, 2024

News

Nigeria Spends $3.5bn on Debt Servicing Despite Ongoing Reforms

Nigeria's external debt servicing surged 39.77% in the first nine months of 2024, as reforms aimed at curbing borrowing failed to ease costs

November 19, 2024

News

The Impact of the Russia-Ukraine War on Nigeria’s Food Prices

Russia-Ukraine war disrupts Nigeria’s food imports, driving inflation and exposing the fragility of its agricultural dependence.

November 19, 2024

News

Flour Mills Shares Soar Amid Buyback Approval

Flour Mills of Nigeria's shares hit a seven-day high following shareholder approval of a buyback plan, boosting investor confidence.

November 19, 2024

News

Billionaire Indimi Daughters Battle $435 million Dividend Dispute

Billionaire Mohammed Indimi's daughters sue over claims of being misled into signing away stakes in $435 Million dividend dispute.

November 19, 2024

News

The Importance of Peaceful Power Transitions in Mozambique’s Democracy

Peaceful power transitions in Mozambique promote unity, stability, and economic growth, ensuring a brighter future for all citizens.

November 18, 2024

Society

Mental Health Awareness and Stigma in Nigeria

Nigeria’s mental health crisis affects millions, with stigma and limited resources as major barriers. Advocacy, funding, and reforms are urgently needed.

November 18, 2024

Business

Dangote vs. Pinnacle: The Monopoly of Fuel Supply Causes Debate

Dangote vs. Pinnacle: The scarcity of fuel supply and monopoly in Nigerian market.

November 18, 2024

News

Kwankwaso Blames Lagos For Trying To Dominate Northern Nigeria

Kwankwaso accuses Lagos of colonizing northern Nigeria engines warning lawmakers to be alert.

November 18, 2024

News

Energy Transition and Hunger Dominate Agenda as Tinubu Joins G20 Summit in Brazil

President Bola Tinubu travels to Brazil for the G20 Summit to discuss global governance reforms, sustainable development, and Nigeria’s economic priorities

November 18, 2024