The Nigerian Inquirer

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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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Benue APC Sues Ganduje Over Court Order Defiance Amid Leadership Crisis

Benue APC leadership sues Ganduje for contempt after NWC defies court order, escalating the party’s internal crisis.

August 23, 2024

Business

Leaked Documents Reveal Seyi Tinubu Co-Owned Offshore Company with Chagoury

Leaked documents reveal Seyi Tinubu co-owned an offshore company with Ronald Chagoury Jr., sparking concerns over a $13 billion contract.

August 23, 2024

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Nigerian Government’s Efforts to Curb ‘Japa’ Exodus Face Skepticism

The Nigerian government faces skepticism as it tries to curb the "Japa" phenomenon, with many citizens still seeking better opportunities abroad.

August 23, 2024

News

Labour Party Dismisses Claims of Alliance With APC in Edo

The Labour Party firmly denies allegations of an alliance with the APC in the Edo State governorship race, emphasizing Olumide Akpata’s independent campaign and commitment to party ideals.

August 23, 2024

News

Amid Economic Hardship, President Tinubu Spends N2.3 Billion on Foreign Trips in Six Months

Amid economic hardship, President Tinubu's foreign trips cost N2.3 billion, drawing criticism as Nigerians face inflation and hardship.

August 22, 2024

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Petrol Prices Soar as Scarcity Grips Nigeria, Transport Costs Surge

Nigeria's fuel scarcity deepens as petrol prices reach N780/litre, leading to soaring transport costs and widespread economic strain.

August 22, 2024

News

Nigeria’s Rusty FX Market Struggles to Rebound

Nigeria’s FX market faces ongoing challenges, with liquidity shortages and volatility threatening economic recovery despite government interventions.

August 22, 2024

News

Bandits Abduct Kaduna Village Chief’s Family in Night Raid

Bandits in Kaduna State abducted the wife and children of Galadimawa's village head in a night raid, escalating security concerns in the region.

August 22, 2024

News

Nigeria Cuts COP29 Costs, Saving N10 Billion in Government Spending

Nigeria slashes COP29 expenses by N10 billion, reducing delegation size and enhancing transparency to address public concerns.

August 21, 2024

News

Nigerian Electricity Workers Threaten Nationwide Blackout Over Union Leader’s Arrest

NUEE warns of a power sector shutdown if labor leader Joe Ajaero is arrested on controversial charges.

August 21, 2024

News

Oil Producers Oppose Mandatory Crude Sales to Local Refineries

Oil producers in Nigeria are pushing back against a government proposal requiring mandatory crude sales to local refineries, citing concerns about profitability and existing contracts.

August 21, 2024

Business