The Nigerian Inquirer

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Conoil Profit Slumps 77 Percent as Finance Costs Surge

Conoil profit slump sees 77 percent drop in earnings as higher borrowing costs and weaker fuel sales squeeze margins in Nigeria’s retail fuel market.

February 13, 2026

Business

Otedola Applauds Dangote Refinery at Full Capacity

Femi Otedola hails Dangote Refinery full capacity milestone, saying 650,000 bpd output could transform Nigeria’s fuel supply and forex stability.

February 13, 2026

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Oando Profit Soars 164% to ₦210 Billion

Nigeria’s Oando plc recorded a 164 percent profit increase to ₦210 billion in nine months, powered by upstream growth.

October 31, 2025

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Dollar Trades Around ₦1,495 to Naira in Nigeria’s Parallel Market

The black market dollar to naira rate climbed near ₦1,495 today, mirroring persistent FX scarcity and rising importer demand.

October 31, 2025

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FG Begins ₦10 Million Support Fund for Tertiary Staff

The tertiary institution staff support fund begins nationwide rollout, providing ₦10 million interest-free loans to improve staff welfare.

October 31, 2025

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Oyo Empire’s 1895 Defiance Redefined Nigeria’s Colonial History

In 1895, the Oyo Empire’s resistance to British invasion under Alaafin Adeyemi I redefined Yoruba identity and Nigeria’s colonial history.

October 30, 2025

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NHIA Restores Enrolment Portal After PUNCH Report

NHIA restores its digital enrolment portal after PUNCH report, promising stronger cybersecurity and real-time support to prevent future disruptions.

October 30, 2025

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Oyo Says Agricultural Investments Have Cut Food Prices

Oyo State’s agricultural investment reforms are stabilizing food prices as Governor Makinde credits farm hubs, private partnerships, and infrastructure upgrades.

October 30, 2025

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Tinubu Approves 15 Percent Import Duty on Petrol and Diesel

President Tinubu has approved a 15 percent import duty on petrol and diesel imports to strengthen local refining and stabilise the domestic oil market

October 30, 2025

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IHS Nigeria Cuts Fuel Use By 50 Million Liters Through Project Green

IHS Nigeria cut diesel use by 50 million liters after investing $750 million in hybrid and solar power systems.

October 30, 2025

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Lagos Waterfront Demolition Leaves Oworonshoki Families Homeless, Desperate

Hundreds of Oworonshoki residents remain homeless after a midnight demolition left families struggling to survive in open fields.

October 30, 2025

News

Nigeria’s Service Chiefs Outline Plans To Tackle Security Challenges

Nigeria’s new military leaders outlined clear plans to strengthen internal security and called for reforms in the police system.

October 30, 2025

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Nigeria Faces Rising Cyber Threats as Microsoft Warns of Attacks

Microsoft’s latest report warns that Nigeria faces rising AI-powered cyber attacks targeting critical sectors, urging immediate cybersecurity reforms and stronger international cooperation.

October 29, 2025

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10 Best Forex Brokers in Africa for 2025 — Billionaires Africa

According to Billionaires Africa, forex trading in Africa is growing fast. Here are the 10 best forex brokers in Africa offering trusted access and regulation.

October 29, 2025