The Nigerian Inquirer

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Politics

Obasa Sparks Controversy by Unilaterally Changing Lagos Assembly Legal Team as Court Adjourns Case

KEY POINTS Mudashiru Obasa, impeached Lagos Assembly Speaker, controversially replaced the Assembly's legal team without consulting the 35 lawmakers who voted for his removal, deepening the political crisis. The Ikeja High Court adjourned proceedings to March 17, where the legality of Obasa's impeachment and...

March 11, 2025

Business

NNPC Denies Terminating Crude Oil Deal with Dangote Refinery

KEY POINTS NNPC clarified that its six-month crude oil sales agreement with Dangote Refinery is set to expire in March 2025, with discussions ongoing for a new contract. Over 48 million barrels of crude oil have been supplied to Dangote Refinery since October 2024,...

March 11, 2025

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Police Warn of Foreign Mercenaries Plotting to Hijack Protests

Nigerian IGP Egbetokun warns of foreign mercenaries plotting to hijack planned protests, urging citizens to exercise caution and outlining steps for a peaceful demonstration.

July 27, 2024

News

Tinubu Meets with Governors, Traditional Rulers to Prevent August 1 Protest

President Tinubu meets with governors and traditional rulers to prevent the planned #EndBadGovernance protest, emphasizing dialogue and unity.

July 26, 2024

News

Nigeria Probes $10 Billion Oil Theft, Aims to Curb Illegal Activities

Nigeria's House of Representatives starts a probe into $10 billion oil theft, aiming to uncover root causes and combat illegal activities.

July 26, 2024

News

Petrol Imports from Malta Surge 342% Amid Dangote, NNPC Rift

Nigeria's petrol imports from Malta have surged by 342% amid a rift between Dangote and NNPC. The increase underscores the need for reforms in the energy sector.

July 26, 2024

News

DSS Warns Against August 1 Protest, Identifies Sponsors

The DSS warns against the planned August 1 protest, citing potential for violence and identifying its sponsors. The agency urges peaceful engagement instead.

July 26, 2024

Business

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.

July 25, 2024

News

Government Urges Patience Amid Protests, Pledges to Address Economic Issues

The Nigerian government appeals for patience and dialogue as nationwide protests loom, pledging to address the economic issues causing public discontent.

July 25, 2024

News

Dangote Refinery Set to Disrupt 90 European Refineries

The Dangote Refinery, with its capacity to produce 650,000 barrels per day, threatens to disrupt 90 European refineries and shift global oil market dynamics

July 25, 2024

News

FG Pleads for Patience Amid Nationwide Protest Plans

The Federal Government appeals for patience and postponement of the planned nationwide protest, citing ongoing efforts to address economic hardships.

July 25, 2024

Business

Dangote-NNPC Dispute Hurts Nigeria’s Global Image, Adesina Warns

Adesina warns the Dangote-NNPC dispute harms Nigeria's global image and investment climate, stressing the importance of supporting local industries for economic growth.

July 24, 2024

News

Nigeria’s Economic Woes: Poor Diversification, Excess Liquidity Cited by CBN

CBN Governor Yemi Cardoso attributes Nigeria's economic woes to poor diversification and excess liquidity, raising interest rates to combat inflation.

July 24, 2024

News

Nigeria’s Cocoa Plants Struggle, Operating at Just 8% Capacity

Nigeria's cocoa processing plants struggle with infrastructure and financial challenges, operating at just 8% capacity. Efforts to revitalize the sector are underway.

July 24, 2024