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BUA Foods Posts Sharp Profit Jump as Demand Lifts Sales

BUA Foods nearly doubled profit in 2025, as demand for staples and tight cost control lifted earnings and reinforced its position in Nigeria’s food sector.
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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.

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Tinubu Nominates Magnus Abe as Upstream Regulator Chairman

President Tinubu names Magnus Abe to lead the upstream petroleum regulator, seeking Senate approval for new boards under Nigeria’s reformed oil sector.
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CIG Motors Dismisses Director, Refers Case to EFCC

CIG Motors has dismissed an executive director and referred alleged misconduct to the EFCC, while the former official disputes the company’s account of his exit
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Lagos Weighs N7Bn Oworonshoki Jetty Project

Lagos State plans a N7bn jetty and housing scheme at Oworonshoki as officials argue infrastructure offers deeper economic value than short-term relief
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Nigerian Stocks Gain N2.05 Trillion As Year-End Rally Sustains Momentum

NGX ended 2025 on a high, gaining N2.05 trillion as investors flocked to banking, ICT, and consumer goods stocks.
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Manufacturers Seek Refinancing Facility And Policy Support To Boost 2026 Output

Nigeria’s manufacturers push for low-cost refinancing, policy reforms, and targeted support to revive industrial output and competitiveness in 2026.
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Nigeria’s Mining Revenue Rises to N70bn As Reforms Begin To Pay Off

Nigeria’s mining sector recorded a sharp revenue rise in 2025 as reforms, enforcement, and new investments reshape the industry.
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Explaining Nigeria’s New Tax Laws And What Changes In 2026

Nigeria’s new tax laws take effect in 2026, reshaping income tax, business levies, bank transfers, and compliance nationwide.
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Tinubu Meets Rwanda’s Kagame in Paris

KEY POINTS President Bola Tinubu held a private lunch meeting with Rwandan President Paul...
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Anthony Joshua Breaks Silence After Crash That Killed Two Close Friends

KEY POINTS Anthony Joshua paid tribute to Sina Ghami and Latif Ayodele after a...
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Bandits Strike Niger Communities Again, Over 30 Killed, Many Abducted

KEY POINTS Over 30 people were killed in fresh bandit attacks in Agwara and...
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Expert Cautions Nigerians on Antibiotic Abuse Risks

A Lagos based medical specialist warns that antibiotic abuse and self medication are accelerating antimicrobial resistance and threatening effective treatment of common infections.
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Natasha Backs Joshua, Presses Nigeria on Highway Safety

Natasha Akpoti Uduaghan expressed sympathy with Anthony Joshua after a fatal crash, renewing calls for urgent highway reforms and stronger emergency response systems.
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Business

BUA Foods Posts Sharp Profit Jump as Demand Lifts Sales

BUA Foods nearly doubled profit in 2025, as demand for staples and tight cost control lifted earnings and reinforced its position in Nigeria’s food sector.
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.
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.
Politics

Senate Sets Up Panel to Harmonise Views on Electoral Bill

Nigeria’s Senate has formed a bipartisan committee to consolidate lawmakers’ views on proposed Electoral Act amendments, with a report due within 48 hours.

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