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...
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...
PDP governors, led by Governor Bala Mohammed, pledge to reclaim leadership positions across Nigeria, focusing on unity and strategic governance at a key meeting in Enugu.
Nigeria seeks a $50 million World Bank loan to support solar projects and roll out 3.5 million prepaid meters, aiming to enhance power distribution and economic growth.
Nigeria's inflation rate rose to 34.19% in June, driven by rising food prices. This significant increase poses serious concerns for the economy and citizens.
NNPCL's CEO Mele Kyari assures the Port Harcourt refinery will start production in August, with Kaduna and Warri refineries operational by December, positioning Nigeria as a net exporter by year-end.