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

Keep exploring

News

NLC President Ajaero Defers Police Invitation Over Prior Engagement

NLC President Joe Ajaero defers his appearance at the police headquarters due to prior commitments, with lawyer Femi Falana demanding details on terrorism financing allegations.

August 21, 2024

News

Presidency Unveils New Presidential Jet to Replace Aging Aircraft

Nigeria reveals a new Airbus A330 as its presidential jet, promising reduced costs and enhanced safety, marking a major fleet upgrade.

August 20, 2024

News

Pastor Ashimolowo Loses N200M in Bank Shares, Warns Against Investments

Pastor Ashimolowo reveals N200M loss in Nigerian bank shares, urging caution and recommending real estate as a safer investment.

August 20, 2024

Business

NNPC Pledges 221,000 BPD to Finance $6.6 Billion Debt

NNPC pledges 221,000 bpd to service a $6.6 billion debt, aiming to stabilize Nigeria’s energy sector and meet financial obligations.

August 20, 2024

News

Police Summon NLC Leader Ajaero Over Alleged Terrorism, Treason Charges

Police summon NLC leader Joe Ajaero for questioning on serious charges, sparking concerns of government intimidation and suppression.

August 20, 2024

News

Niger Delta Governors Face Scrutiny Over Misuse of 13% Derivation Funds

Former federal lawmaker Farah Dagogo has accused Niger Delta governors of mismanaging the 13% derivation funds, leaving oil-producing communities in poverty despite the influx of billions of naira.

August 20, 2024

News

Ibikunle Amosun Denies Contract Breach Claims, Accuses Utomi of “Entitlement Mentality”

Amosun refutes Pat Utomi's contract breach claims, accusing him of "entitlement mentality" and inviting a public inspection of the project site.

August 19, 2024

News

Fuel Crisis Deepens: NNPC Cites Distribution Issues as Prices Skyrocket

Fuel shortages persist for six weeks, NNPC cites distribution issues, and prices hit N950 per liter, leaving Nigerians frustrated.

August 19, 2024

News

Utomi, Ex-Gov Amosun Clash Over N200M Lost Investment Deal

Pat Utomi and ex-Governor Amosun dispute a failed investment, with accusations of revoked contracts and entitlement mentality.

August 19, 2024

News

Nigeria Wastes Enough Gas to Power 3 Million Homes

Nigeria wastes enough gas annually to power three million homes, a glaring inefficiency in a country with ongoing energy challenges.

August 19, 2024

News

SERAP Demands Transparency in NASS Running Costs, Threatens Legal Action

SERAP calls on the National Assembly to disclose NASS running costs, urging an end to financial mismanagement and threatening legal action for non-compliance.

August 19, 2024

Business