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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...
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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...

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Nigeria Ranks 5th Among African Nations Hit Hardest by Cost of Living Crisis

Nigeria ranks fifth among African countries hardest hit by the cost of living crisis, with inflation, currency devaluation, and supply chain disruptions driving up the prices of essential goods and services.
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President Tinubu to Meet With Organized Labour Today Over Minimum Wage

President Tinubu prepares for a decisive meeting with labor leaders to finalize Nigeria's minimum wage discussions.
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ECOWAS Court Finds Nigerian Government Violated Rights During #EndSARS Protests

The ECOWAS Court has ruled that Nigerian security forces violated the human rights of #EndSARS protesters in 2020. The court ordered compensation for victims and an investigation into the abuses.
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NBA Confirms Samoa Agreement Respects National Laws on LGBTQ+

The NBA clarifies that the Samoa Agreement respects Nigeria’s laws and does not include LGBTQ+ provisions.
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Dangote Accuses IOCs of Sabotage, Criticizes Tinubu’s Government

Aliko Dangote accuses International Oil Companies of sabotaging his refinery, raising concerns about Tinubu's government handling of the petroleum sector.
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Sanwo-Olu Assures Investors of Improved Business Environment and Tax Harmonization

Lagos State Governor Sanwo-Olu reassures investors with commitments to tax harmonization and infrastructure development, aiming to create a more enabling business environment.
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 El-Rufai Slams Successor Over Financial Report

Former Kaduna State Governor Nasir El-Rufai refutes allegations of financial misconduct, accusing his successor of fabricating figures and unethical practices.
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Yahaya Bello’s Trial to Remain in Abuja, Transfer Rejected – Federal High Court

Federal High Court rules against transferring former Kogi Governor Yahaya Bello's N80bn fraud trial to Kogi State.
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APC Faces Internal Crisis Over Unmet Constitutional Requirements

The APC struggles with internal unrest due to failure to meet constitutional requirements, causing dissatisfaction among party leaders.
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Nigeria Suspends Duty on Rice and Wheat, Approves ₦2 Trillion to Combat Food Inflation

Nigeria suspends import duties on rice and wheat and approves a ₦2 trillion package to combat food inflation and enhance food security.
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Riveting Budget Drama in Rivers: Fubara Given Ultimatum

The Rivers State Assembly, led by Martin Amaewhule, gives Governor Fubara a seven-day ultimatum to re-present the 2024 budget amid political turmoil.
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Dangote Refinery Set to Resolve Nigeria’s Forex’s Crisis – S&P Global

S&P Global reports Dangote Refinery could significantly stabilize Nigeria's forex issues and spur economic growth.
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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,...
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...
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Gunmen Storm Benue Palace, Kill Traditional Ruler, Family and Two Others

KEY POINTS Gunmen killed a traditional ruler, his wife, son, and two others in...
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Kidnapped Lagos Woman Freed After Family Pays $17,500 Ransom

KEY POINTS A Lagos woman was kidnapped from her home in a late-night attack...