The Nigerian Inquirer

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Yahaya Bello Money Laundering Trial Adjourned to May 6

KEY POINTS The court adjourned Yahaya Bello’s alleged money laundering trial to May 6–7, 2026. A prosecution witness testified about dollar transactions and admitted gaps in earlier statements. Discrepancies in evidence emerged, while the court allowed additional exhibits despite defence objections. Justice Emeka Nwite of...

April 25, 2026

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EFCC Arrests Former Skye Bank Chairman Tunde Ayeni Over Alleged ₦36.5bn Fraud

KEY POINTS EFCC arrested former Skye Bank chairman Tunde Ayeni over alleged ₦36.5bn and $30m fraud. Funds obtained from Polaris Bank were reportedly diverted from intended projects. About 12 linked companies are under investigation, with charges expected soon. The Economic and Financial Crimes Commission has...

April 25, 2026

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Tinubu Unveils Ultra-Modern NRS Headquarters

KEY POINTS President Tinubu commissioned the new Nigeria Revenue Service headquarters in Abuja, marking...

April 15, 2026

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Fayose Holds Private Talks with Olubadan

KEY POINTS Fayose held a private meeting with the Olubadan amid rising political tension...

April 15, 2026

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Akpabio Defends INEC Chairman Amupitan Over ‘Victory Is Sure’ Tweet Controversy

KEY POINTS Akpabio defended INEC chairman Joash Amupitan, dismissing claims of partisan bias over...

April 15, 2026

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ADC Crisis Deepens as Mark-Led Faction Expels Bala

KEY POINTS The David Mark-led ADC faction expelled Nafiu Bala, Leke Abejide, and others...

April 15, 2026

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Nigeria spent N75bn on arms from 2023 to 2025, with 2024 accounting for more than half

Nigeria spent nearly N75bn on arms and military equipment over three years, with 2024 alone accounting for more than half of that total.

April 15, 2026

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Pat Utomi accuses Tinubu, INEC of plot to exclude opposition from 2027 ballot

Pat Utomi, a professor of political economy, says INEC and the Tinubu administration are working in concert to neutralize opposition parties before 2027.

April 15, 2026

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Bandits kidnap UNIJOS student, demand N30m ransom after torture video goes viral

Armed bandits abducted a University of Jos student along the Kaduna highway, posted torture videos in his class group chat and demanded N30 million ransom.

April 15, 2026

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Boko Haram hits Benishiekh again, storms base where general was killed

Insurgents targeted the same 29 Task Force Brigade base in Benishiekh, Borno State, where Brig. Gen. O.O. Braimah was killed six days ago.

April 15, 2026

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Edun warns against subsidies, flags global debt burden

Finance Minister Olawale Edun on Tuesday warned against subsidy reversals at the World Bank/IMF Spring Meetings in Washington, urging developing nations to hold reform gains as global shocks intensify pressure to abandon hard-won policy progress.

April 15, 2026

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IMF cuts Nigeria growth forecast to 4.1 percent

The International Monetary Fund cut Nigeria's 2026 growth forecast to 4.1 percent, down from 4.4 percent, citing higher commodity costs and shipping disruptions.

April 15, 2026

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FG incurs N418bn power subsidy in Q4 2025

Nigeria's power subsidy obligation reached N418.79 billion in the fourth quarter of 2025, a decline of N39.96 billion from the third quarter, according to the Nigerian Electricity Regulatory Commission.

April 15, 2026

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Dangote refinery makes Nigeria a net petrol exporter

Aliko Dangote's Lekki refinery turned Nigeria into a net petrol exporter last month, ending decades in which Africa's largest oil producer sent crude abroad only to import finished fuel.

April 15, 2026