The Nigerian Inquirer

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Elumelu’s Transcorp pays N20.3bn dividend on profit jump

Tony Elumelu's Transcorp Group declared an N20.3 billion dividend after a 44 percent jump in 2025 profit after tax to N135.9 billion.

May 12, 2026

News

Tinubu Heads to Africa-France Summit as Leaders Push Digital Innovation and Green Growth Agenda

KEY POINTS President Tinubu arrived in Nairobi to attend the Africa-France Summit hosted by Presidents Macron and Ruto. Discussions at the summit will focus on digital transformation, climate action, green industrialisation and financing reforms. Tinubu will proceed to Rwanda for the Africa CEO Forum...

May 12, 2026

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News

FAAN to Close MMIA Terminal One in March for Major Rehabilitation Works

KEY POINTS FAAN plans to shut Terminal One of Lagos airport in March for...

February 3, 2026

News

Court Bars NLC, TUC From Planned Abuja Protest Over FCT Strike Dispute

KEY POINTS National Industrial Court restrains NLC, TUC and union leaders from protesting or...

February 3, 2026

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

News

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