The Nigerian Inquirer

News

Yahaya Bello Money Laundering Trial Adjourned to May 6

KEY POINTS The court adjourned Yahaya Bello’s alleged money laundering trial to May 6–7, 2026. A prosecution witness testified about dollar transactions and admitted gaps in earlier statements. Discrepancies in evidence emerged, while the court allowed additional exhibits despite defence objections. Justice Emeka Nwite of...

April 25, 2026

News

EFCC Arrests Former Skye Bank Chairman Tunde Ayeni Over Alleged ₦36.5bn Fraud

KEY POINTS EFCC arrested former Skye Bank chairman Tunde Ayeni over alleged ₦36.5bn and $30m fraud. Funds obtained from Polaris Bank were reportedly diverted from intended projects. About 12 linked companies are under investigation, with charges expected soon. The Economic and Financial Crimes Commission has...

April 25, 2026

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Business

NUPRC Blocks Shell’s $1.3 Billion Onshore Asset Sale to Renaissance

NUPRC blocks Shell's asset sale to Renaissance, raising questions about compliance and environmental concerns in Nigeria's oil sector.

August 27, 2024

News

Government, Dangote Refinery Discuss New Petrol Prices Ahead of September Rollout

The Nigerian government and Dangote Refinery are in discussions to set petrol prices ahead of the refinery's September launch, with concerns over potential price hikes and subsidy decisions.

August 27, 2024

News

Stock Deals Surge 44% Amid Banks’ Recapitalization Efforts

Nigerian stock deals jumped 44% due to bank recapitalization efforts, signaling increased investor confidence and optimism in the financial sector’s stability.

August 27, 2024

News

Tinubu Overhauls Security Leadership with Key Appointments

President Tinubu announces new directors-general for Nigeria's NIA and DSS, aiming to enhance national security and intelligence collaboration.

August 27, 2024

News

Policemen and Shi’ites Killed as Abuja Procession Turns Deadly

Clashes between police and Shi’ites in Abuja during a religious procession leave several dead and many injured.

August 26, 2024

News

Nigeria’s Cement Prices Surge Amid Rising Production Costs, Smuggling

Cement prices in Nigeria have soared due to rising production costs and smuggling to neighboring countries. Discover how these factors are affecting both consumers and manufacturers.

August 26, 2024

News

Lagos Fuel Shortage Causes Long Lines, Price Hikes Amid Station Closures

Lagos is facing a severe fuel shortage, causing long lines and skyrocketing prices. Learn how station closures and economic challenges are impacting daily life.

August 26, 2024

News

Nigeria’s Inflation Rate Drops, But Consumers Still Struggle

Nigeria’s inflation rate has fallen to 18.7%, but consumers are still struggling with high costs and economic challenges that affect daily life.

August 26, 2024

News

Former BBC Editor Soyinka Released After DSS Detention

The DSS has released former BBC editor Adejuwon Soyinka after several hours of detention, amid rising concerns over a crackdown on journalists in Nigeria.

August 26, 2024

News

Twenty Abducted Medical Students Rescued in Benue

Twenty medical students abducted in Benue State have been rescued by security forces. The incident highlights ongoing security challenges in Nigeria.

August 25, 2024

Politics

Supreme Court Confirms Ododo’s Win in Kogi Governorship Election

The Supreme Court has upheld Usman Ododo's election win in Kogi, dismissing multiple appeals against his governorship victory.

August 24, 2024

News

Parents of Kidnapped Nigerian Students Beg for Swift Rescue

Desperate parents of kidnapped Nigerian medical students are urging the government to act swiftly to rescue their children amid high ransom demands and threats.

August 24, 2024