The Nigerian Inquirer

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Caverton Q4 Revenue Slides Sharply as Losses Narrow Slightly

KEY POINTS Caverton’s fourth-quarter revenue fell to 3.74 billion naira from 13.11 billion naira in Q4 2024. Net loss narrowed slightly to 7.31 billion naira, with loss per share improving. Results reflect ongoing volatility and structural pressures in offshore logistics tied to oil and...

February 2, 2026

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Ogoni Group Demands Probe Into Alleged $300m Compensation Fund

KEY POINTS Ogoni group demands investigation into alleged diversion of a 300 million dollars compensation fund meant for community development. Peaceful protest held in Bori, with calls to stop alleged illegal oil exploration in Lekuma communities. Group threatens wider protests and issues 14-day ultimatum...

February 2, 2026

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Judge Postpones Terrorism Case Against Ansaru Commander Usman

A Federal High Court in Abuja has postponed the terrorism trial of detained Ansaru commander Mahmud Usman and his deputy to November 19.

October 21, 2025

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Lagos State University Partners With OPay On N1.2bn Scholarship

Lagos State University joins OPay’s N1.2bn 10-year scholarship programme to support academically talented but financially constrained students

October 21, 2025

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FG Urged to Offer Tax Relief to Anti-Poverty Organisations

Faith leaders and lawmakers urge the Federal Government to introduce tax relief for individuals and groups working to combat hunger and poverty

October 21, 2025

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EFCC Recovers ₦500 Billion, Secures 7,000 Convictions — Tinubu

Tinubu says EFCC corruption recovery tops ₦500 billion with 7,000 convictions, underscoring renewed national momentum against graft.

October 21, 2025

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Petrol Tops Nigeria’s Imports With 613 Million Litres in One Year

Nigeria’s petrol import surge hits 613.6 million litres, exposing rising demand, refinery collapse, and fiscal pressure.

October 21, 2025

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Customs Launch Digital Vehicle Verification Platform in Nigeria

Nigeria Customs launches a digital vehicle verification platform to curb smuggling and improve transparency in imported vehicle clearance.

October 21, 2025

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Heavy security as Lekki Tollgate braces for EndSARS memorial

October 20, 2025

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Oando Faces Pressure as Irad Demands Overdue Payments

Oando faces backlash as Irad accuses it of unpaid project debts, citing severe financial strain and unfulfilled payment promises.

October 20, 2025

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Markets Rally After China-US Trade Tensions Ease

Global markets surged as China-US trade tensions ease, sparking optimism and driving gains across technology, manufacturing, and emerging market sectors.

October 20, 2025

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Police Disperse Release Nnamdi Kanu Now Protesters in Abuja

Police dispersed Abuja protesters demanding Nnamdi Kanu’s release, using tear-gas and armoured vehicles as activists vowed to sustain the Release Nnamdi Kanu Now campaign.

October 20, 2025

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FUNAAB Gets NUC Approval for Management Programmes

FUNAAB secures NUC approval to offer accounting, banking and business degrees again, marking an academic milestone for the university.

October 20, 2025

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OAU, NIA Launch Design Contest to Honour Architect Okoye at 60

NIA and OAU architecture students launch a nationwide competition honouring Anthony Okoye at 60, spotlighting sustainable urban design in Nigerian cities

October 20, 2025