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 Governors Convene in Abuja to Address Minimum Wage, LG Autonomy

Nigerian governors convene in Abuja to address the controversial minimum wage and local government autonomy, seeking collaborative solutions to pressing national issues.

June 27, 2024

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Explosive Attack in Rivers State: Governor Fubara Blames Political Rivals

Governor Fubara accuses political rivals of staging an explosion near Hotel Presidential in Rivers State to justify a call for emergency rule amid protests.

June 27, 2024

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Nigeria Needs Federalism, Not New States, Experts Say

Experts argue that implementing true federalism, not creating new states, can solve Nigeria's socio-economic challenges and foster national unity.

June 26, 2024

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FEC Implements Ban on Single-Use Plastics to Combat Pollution

Nigeria takes a major step in environmental policy by banning single-use plastics in all government offices.

June 26, 2024

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Nigeria’s Gas Exports Drop 25% Amid Low Output and Market Exits

Nigeria's gas exports have fallen by 25% due to low production and market exits, posing significant challenges for the economy and its global energy market role.

June 26, 2024

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NMDPRA Refutes Dangote Refinery’s Allegations, Says No Dirty Fuel in Nigeria

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is refuting claims made by...

June 26, 2024

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Aiteo Poised for Record Revenue in 2024 Despite Past Challenges

Aiteo Eastern E&P Company Limited, led by Nigerian billionaire Benedict Peters, is projected to surpass $700 million in revenue this year, overcoming operational challenges and capitalizing on a rebound in Africa's oil sector.

June 25, 2024

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Senate Confirms Progress in N30 Trillion Probe, Ensures Thorough Investigation

The Senate confirms progress in the N30 trillion Ways and Means probe, ensuring a thorough investigation into the facility's usage and economic impact.

June 25, 2024

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President Tinubu Appoints Olatunji Bello as Head of FCCPC

Olatunji Bello is nominated to lead FCCPC, bringing extensive legal and administrative expertise to enhance consumer protection in Nigeria.

June 25, 2024

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Apps Drive ₦1.22 Trillion Loan Demand in One Year

Mobile loan apps have driven a ₦1.22 trillion loan demand in Nigeria over the past year, highlighting the impact of digital lending on financial inclusion.

June 25, 2024

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Civil Society Groups Back Nigerian Bank Recapitalization Plans

Nigerian civil society groups support the government's plan to strengthen banks through recapitalization. The move aims to boost the economy by creating healthier banks that attract investors. However, concerns linger about potential resistance efforts, highlighting the need for transparency and collaboration.

June 25, 2024

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