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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NNPC Holds 7.2% Stake in Dangote Refinery, Not 20%: Dangote

Aliko Dangote reveals that NNPC holds a 7.2% stake in the Dangote Refinery, correcting earlier reports of a 20% stake and highlighting the project's significance.

July 15, 2024

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Nigeria Petrol Prices Surge to N770/Liter, FX, Overheads Blamed

Nigeria's petrol prices jump to N770 per liter, driven by high foreign exchange rates and increased overhead costs, straining consumer budgets.

July 15, 2024

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Lagos Enforces Ban on Danfos, Koropes by October 1

Lagos State enforces a ban on unregulated Danfo and Korope buses along the Lekki-Epe corridor starting October 1, enhancing transport efficiency.

July 15, 2024

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Wole Soyinka’s Legacy: Celebrating 90 Years of Literary Brilliance

Wole Soyinka, at 90, continues to influence literature and activism globally. Celebrations highlight his vast contributions and unwavering fight for justice.

July 14, 2024

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African Youths Challenge Governments, Demand Change

African youths are rising in a new wave of consciousness, challenging governments and demanding change to create a transparent, accountable, and equitable society.

July 14, 2024

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JAMB Exposes Illegal Admissions at 86 Universities and Colleges

JAMB exposes 86 universities for conducting illegal admissions outside the mandated CAPS, calling into question many students' enrollment legitimacy.

July 14, 2024

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Governors Welcome Supreme Court’s Local Government Autonomy Ruling

Nigeria’s state governors have expressed satisfaction with a recent Supreme Court ruling granting financial autonomy to local government areas. The decision, which was announced on Thursday, is seen as a major step towards decentralizing power and financial resources in the country.

July 13, 2024

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Labour Insists on N250,000 Wage, to Meet Tinubu Next Week

Nigeria minimum wage negotiations, labor union talks, N250,000 wage demand, economic policy, Tinubu labor meeting,

July 12, 2024

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Nigeria Supreme Court Ruling Grants Local Government Autonomy, Sparks Debate

Nigeria's Supreme Court rules for financial autonomy of local governments, triggering mixed reactions from politicians and analysts on its implications.

July 12, 2024

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Nigeria’s Weekly Billion-Dollar Crypto Transactions Face Regulatory Scrutiny

Nigeria's booming cryptocurrency market, with transactions worth billions of dollars weekly, is facing increased regulatory scrutiny as authorities aim to balance innovation with financial stability and consumer protection, addressing concerns over money laundering and fraud.

July 12, 2024

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Ex-Power Minister Mamman Remanded Over Alleged N33bn Fraud

Ex-Power Minister Saleh Mamman has been remanded in Kuje prison over an alleged N33bn fraud, pending his bail hearing. The high-profile case highlights corruption in Nigeria’s power sector.

July 12, 2024

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