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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Financial Exclusion Hinders Nigeria’s Informal Sector Growth, Report Reveals

A new report reveals financial exclusion is stifling growth in Nigeria's informal sector, highlighting the need for improved access to funding and banking services.

July 8, 2024

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Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.

July 8, 2024

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ASITU Urges Southeast Governors to Intensify Efforts for Nnamdi Kanu’s Release

The Association of Igbo Town Unions (ASITU) commended Southeast governors for their recent decision...

July 8, 2024

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NAFDAC Invests Over N6 Billion to Boost Nigeria’s Pharmaceutical Exports

NAFDAC invests heavily in infrastructure to meet international standards, aiming to boost Nigeria's pharmaceutical exports significantly.

July 7, 2024

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Canada, New Zealand, Australia End Flagpoling for Nigerian Students

Canada, New Zealand, and Australia have ended flagpoling for Nigerian students, requiring them to use standard visa renewal processes and posing new challenges

July 7, 2024

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FG Kicks Off 250 Renewed Hope Homes in Benue

The Federal Government has commenced the construction of 250 affordable housing units in Benue, aiming to address the housing deficit and stimulate economic growth under President Bola Tinubu's Renewed Hope agenda.

July 6, 2024

Business

9mobile Ushers in New Era, Appoints Obafemi Banigbe as CEO

Obafemi Banigbe takes the helm as 9mobile's CEO, pledging to drive innovation and growth in the Nigerian telecoms operations.

July 5, 2024

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Tinubu Sets Ambitious Goals: 2 Million BPD Oil, 6GW Electricity, 135M Tonnes Food

Explore Bola Tinubu's ambitious agenda to propel Nigeria's economic sectors of oil, electricity, and agriculture to new heights.

July 5, 2024

Politics

Rivers State Court Ruling Ignites Political Tensions Among Fubara, Wike Supporters

Rivers State's political landscape heats up as an Appeal Court ruling sparks celebrations and disputes between supporters of Fubara and Wike.

July 5, 2024

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Nigeria Braces for Increased Flooding as Rainy Season Peaks

Nigeria is facing a heightened risk of river flooding as the rainy season reaches its peak. The Federal Government is urging states and local governments to take preventative measures to avoid potential disasters.

July 5, 2024

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