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

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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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Nigerian Police Arrest Protest Sponsors, Foreign Nationals Amid Unrest

Nigerian police arrest protest sponsors and foreign nationals as unrest spreads. The Army pledges a thorough investigation into the incidents.

August 7, 2024

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Blackout as National Grid Collapses Again

The national grid collapse plunges parts of Nigeria into darkness, highlighting ongoing issues in the power sector.

August 7, 2024

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CBN Bailout Facilitates Unity-Providus Bank Merger

The CBN's bailout has facilitated a merger between Unity Bank and Providus Bank, creating a stronger entity poised to enhance Nigeria's banking sector.

August 7, 2024

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APC Summons Ndume, Eyes Senate Whip Reinstatement

APC's National Working Committee summons Senator Ali Ndume to address his remarks against President Tinubu, considering his reinstatement as Senate Whip after a formal apology.

August 7, 2024

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U.S. Crude Oil to Dominate Nigerian Refineries, Economic Impact Unfolds

The United States may soon become the largest crude oil supplier to Nigerian refineries, significantly impacting the nation's economy and energy sector.

August 6, 2024

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MTN, Airtel Slash FX Debt by $867 Million

MTN Nigeria and Airtel Africa reduce FX debt by $867 million, enhancing financial stability and positioning for growth amid economic challenges

August 6, 2024

News

Police Arrest 31 Over Russian Flag Protests

Nigerian police arrested 31 individuals for distributing Russian flags during protests, calling the act treason. Authorities emphasize distinction between rioters and peaceful protesters.

August 6, 2024

Business

US Crude Supplies 30% of Dangote Refinery Feedstock

Dangote Refinery sources 30% of its crude from the US, emphasizing global energy market connections.

August 6, 2024

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Nigerian Families Struggle as Food Prices Soar Amid Inflation

Nigerian families face severe hardship as food prices soar due to inflation. The government seeks solutions to tackle the rising costs.

August 5, 2024

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Mixed Reactions Follow President Tinubu’s Protest Broadcast

Reactions are mixed to President Tinubu’s address to protesters in Nigeria.

August 5, 2024

News

Students Voice Concerns Over Proposed Student Loan Scheme

Students voice concerns over the new student loan scheme, focusing on repayment terms and application processes, and call for greater transparency and efficiency.

August 5, 2024

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