HomeNews

News

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.

Keep exploring

News

Makinde support group urges Wike allies to return to PDP mainstream amid leadership crisis

A Makinde support group calls on Wike-backed PDP members to return to mainstream leadership as reconciliation efforts gather momentum.
News

Cardoso: Nigeria’s Economy Can Take Middle East Shocks

CBN Governor Olayemi Cardoso says two years of reforms have positioned Nigeria to withstand shocks from the US-Iran conflict, with reserves now above $50 billion.
News

Fear Spreads in Ondo’s Akure North as Kidnappers Target Farmers, Residents Flee Homes

Rising kidnappings and shootings in Ondo’s Akure North force residents to flee homes as authorities promise tougher action against criminals.
News

Boko Haram Suspects Attack Borno Settlement, Kill Herder and Rustle 1,400 Sheep

Suspected Boko Haram fighters attacked a nomadic settlement in Borno, killing one herder, injuring another and rustling about 1,400 sheep.
News

Afenifere Criticizes Electoral Act 2026 for Removing Forged Certificate as Ground to Challenge Elections

Afenifere says the Electoral Act 2026 shields candidates with forged certificates and weakens legal grounds for challenging election results.
News

Nigeria Transporters, Commuters Decry Rising Fuel Prices Amid Middle East War

Transporters and commuters say high petrol prices are worsening hardship, despite reports that Dangote Refinery has reduced its gantry price.
News

Tinubu Nominates Former SEC DG Lamido Yuguda as CBN Deputy Governor

KEY POINTS President Bola Ahmed Tinubu has nominated former SEC Director-General Lamido Abubakar Yuguda...
News

Senate Confirms Taiwo Oyedele as Minister of State for Finance

KEY POINTS The Nigerian Senate confirmed Taiwo Oyedele as Minister of State for Finance...
News

Makoko Residents Reject Relocation Plan to Epe After Demolition

KEY POINTS Residents of Makoko, Oko-Agbon and Sogunro rejected the Lagos Assembly’s proposal to...
News

Kano Governor Yusuf Removes Head of Service Abdullahi Musa

KEY POINTS Kano State Governor Abba Kabir Yusuf has removed Head of Service Abdullahi...
News

Kwara Gives Garri Machines to Rural Women Farmers

Kwara State has handed over industrial garri processing machines to rural women in Owode Oja, fulfilling a promise Governor AbdulRazaq made in August 2025.
News

Nigeria’s Debt Service Payments Drop 38 Percent in January

Nigeria's debt service payments fell 38.5 percent year-on-year to $405.3 million in January 2026, according to CBN data.
Load more

Latest articles

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.
News

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.