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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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Tinubu Holds Private Meeting With Sultan of Sokoto in Aso Rock

KEY POINTS President Bola Tinubu held a closed-door meeting with the Sultan of Sokoto,...
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Security Forces Foil Attempted Plane Hijack Plot Near Akure Airport

KEY POINTS Four suspected bandits were arrested near Akure Airport after allegedly attempting to...
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Group Warns of Violence Over Agbede Throne Dispute in Edo

A community group has urged Edo Governor Monday Okpebholo to intervene urgently in the Agbede throne dispute as a claimant defies court orders and occupies the palace.
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US Opens Trade Probe Into Nigeria, 59 Others Over Forced Labour Imports

The United States has opened a trade investigation into Nigeria and dozens of economies over alleged failure to block forced labour imports.
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Kidnappings, Killings Rise in South-West as Farmers, Travellers Face Growing Threat

Rising kidnappings and attacks across Nigeria’s South-West are forcing farmers off their land and leaving travellers wary of highways.
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Hard Economy Pushes Nigerian Parents to Reject Children’s Homework

More Nigerian parents say rising costs and long work hours leave little time to help children complete heavy school homework.
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Nigeria’s Displacement Crisis Deepens as 3.7 Million People Crowd Nearly 3,900 Camps Nationwide

Years of insurgency, banditry and communal clashes have forced millions of Nigerians from their homes, creating thousands of displacement camps.
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Ondo State High Court Judge Bamidele Fola Adeyeye Dies at 65

KEY POINTS Ondo State High Court judge Bamidele Fola Adeyeye has died at the...
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Benue Declares State of Emergency as Lassa Fever Outbreak Worsens

KEY POINTS Benue State has declared a state of emergency due to a surge...
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Delta cleric, farmer attacked by herdsman, later detained by police after reporting incident

A Delta pastor and farmer say herdsmen attacked them on a farm, but police later detained them after reporting incident.
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Tinubu Tells Media: Scrutinise States, Not Just Me

President Tinubu told media executives at Aso Rock Friday that the press should scrutinise states and local governments with the same intensity it applies to his administration.
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Northern groups accuse FG of lacking political will to crush terrorists, demand crackdown on sponsors

Northern and Middle Belt leaders say Nigeria knows the terrorists and their locations, urging government action against sponsors and criminal networks.
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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.
News

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.
News

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.