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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.
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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...

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30-Year-Old Man Living With Dwarfism Passes APC Screening For Kaduna Reps Seat

KEY POINTS Mahmud Sadis Buba, a 30-year-old man living with dwarfism, has passed the...
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Boko Haram Attacks Military Bases in Yobe, Dozens of Soldiers and Policemen Feared Dead

KEY POINTS Boko Haram insurgents reportedly attacked two military bases in Yobe State around...
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Influencer Raises Alarm After Alleged Bandits Threaten Him Over Anti-Crime Campaign

KEY POINTS Nigerian influencer D English Alhaji alleged that suspected bandits threatened him during...
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LUTH Faces Corruption Allegations as Senior Official Demands Probe

KEY POINTS A senior LUTH official accused the hospital management of corruption, procurement violations,...
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Lagos Government Closes Part of Eko Bridge for Urgent Repairs

KEY POINTS Lagos Government has shut the outbound section of Eko Bridge for urgent...
Business

Nigerian brewers post 117 percent profit jump in 2025

Nigeria's top four brewers grew combined profit 117 percent to N317.2 billion in 2025 on N2.8 trillion in revenue, driven by aggressive product re-pricing.
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NECA queries NNPC-China refinery deal, cites $25bn spend

NECA Director-General Adewale-Smatt Oyerinde questioned NNPC's new MOU with Chinese firms, demanding accountability for the $25 billion already spent on failed refinery rehabilitations.
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Nigeria FMCG firms carry N1.96trn debt, Dangote Sugar leads

Nigeria's top 10 FMCG companies carried a combined N1.96 trillion in debt in 2025, with Dangote Sugar leading the pile at N725.31 billion.
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Audu orders 2-day clean-up of Lagos port corridors

PEBEC will launch a two-day clean-up of the Apapa and Tin Can port corridors on May 14 and 15 to ease cargo flow.
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Jonathan eyes PDP for 2027 as groups scramble for form

Former President Goodluck Jonathan plans to use the PDP for a 2027 presidential bid as nine groups scramble to buy his N100 million nomination form.
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Court Postpones ADC Leadership Suit Indefinitely as Bala Seeks New Judge

KEY POINTS A Federal High Court in Abuja adjourned indefinitely the ADC leadership suit...
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Rano Air Suspends Some Flight Routes as Rising Fuel Prices Hit Operations

KEY POINTS Rano Air suspended some flight routes due to a 300% increase in...
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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.
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...
News

Adeleke Dethrones Osun Monarch Jailed in US Over COVID-19 Fraud

KEY POINTS Governor Ademola Adeleke has removed the Apetu of Ipetumodu after his conviction...
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Tinubu Appoints Fadewa as Homeland Security Adviser

KEY POINTS President Tinubu has appointed retired Major General Adeyinka Fadewa as Special Adviser...