The Nigerian Inquirer

News

Adelabu Quits as Power Minister to Chase Oyo Governorship Ambition

KEY POINTS Adebayo Adelabu has resigned as Minister of Power, effective April 30, 2026. He cited his intention to contest the Oyo State governorship and comply with electoral laws. His exit marks a significant development ahead of upcoming elections in the state. Nigeria’s Minister of...

April 23, 2026

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FG, States, LGs Share ₦2.036 Trillion as Taiwo Oyedele Chairs First FAAC Meeting

KEY POINTS FG, states, and LGs received allocations from March 2026 revenue, with oil-producing states getting ₦120.759 billion derivation. The finance minister chaired his first FAAC meeting, marking another ₦2 trillion-plus distribution this year. Statutory revenue increased, but VAT and key oil-related revenues recorded...

April 23, 2026

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Business

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...

February 2, 2026

News

Ogoni Group Demands Probe Into Alleged $300m Compensation Fund

KEY POINTS Ogoni group demands investigation into alleged diversion of a 300 million dollars...

February 2, 2026

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Abuja Singer Nanyah Dies After Snake Bite as Search for Anti-Venom Proves Unsuccessful

KEY POINTS Abuja-based singer Ifunanya “Nanyah” Nwangene died after a snake bite and difficulty...

February 2, 2026

News

Nigerian Troops Kill Boko Haram Deputy Commander Abu Khalid, 10 Others in Borno Night Raid

KEY POINTS Nigerian troops killed Boko Haram deputy commander Abu Khalid and 10 other...

February 2, 2026

News

Fela Kuti Becomes First African Honoured with Grammy Lifetime Achievement Award

KEY POINTS Fela Kuti becomes the first African to receive the Grammy Lifetime Achievement...

February 2, 2026

News

Nigeria to Host Africa’s First Electric Vehicle Manufacturing Plant

KEY POINTS Nigeria signs MOU with South Korea’s AEDC to establish Africa’s first EV...

February 2, 2026

News

Nigerians Go Underground as U.S. Immigration Raids Intensify

Nigerians in the U.S. retreat from work and public life as intensified immigration raids fuel fear, deaths in custody mount, and self-deportation becomes a growing consideration.

January 31, 2026

News

The £2 Million Question: What Really Happened at Harrods? How the Diezani Alison-Madueke trial became a masterclass in narrative inflation

KEY POINTS Headlines exaggerate Alison-Madueke’s alleged £2m Harrods spending and luxury perks; she didn’t...

January 30, 2026

News

Vitafoam Nigeria Posts Strong Start to 2026 on Demand

Vitafoam Nigeria began 2026 with higher revenue and profit, supported by domestic demand growth, lower finance costs and a stronger balance sheet despite weaker exports.

January 30, 2026

News

Linkage Assurance Revenue Rises 24 Percent on Performance

Linkage Assurance posted a 24 percent rise in insurance revenue in 2025, supported by underwriting growth, reinsurance optimisation and improved profitability across core operations.

January 30, 2026

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Nigeria Approves Sharp Pension Increase for NSITF Retirees

Nigeria’s pension regulator has approved a sharp increase in NSITF pensions, lifting monthly payouts and clearing years of arrears for more than 2,000 retirees.

January 29, 2026

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Nigeria Air Force Probes Civilian Deaths in Niger State

Nigeria’s Air Force is investigating reports that a military aircraft killed two civilians in Kurigi, Niger State, during an operation against bandits.

January 29, 2026