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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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Politics

Senate Promises Review as Protesters Demand Real-Time Results

The Senate says it will review the real-time electronic transmission clause after protesters demanded stronger electoral safeguards ahead of Nigeria’s 2027 elections.
Politics

Tinubu Vows Security Push as Insecurity Weighs on Economy

Tinubu says insecurity keeps his administration sleepless, warning terrorism and banditry threaten economic growth as he pledges stronger security action.
Politics

Peter Obi Declares 2027 Presidential Ambition

KEY POINTS Peter Obi confirms he will contest the 2027 presidential election as a...
Politics

Kano Senator Orders Defected NNPP Chairmen to Return Party Vehicles

KEY POINTS Senator Rufai Hanga has ordered defected NNPP local government chairmen in Kano...
Politics

Nigeria Governor’s Call for Single Term Reignites Tenure Debate

Governor Mohammed Bago says fear of re-election weakens governance, reviving national debate over adopting a single term for governors and constitutional reform.
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Abia Group Donates ₦100 Million for Otti’s 2027 Nomination Form

Ukwa La Ngwa leaders have donated ₦100 million to fund Governor Alex Otti’s re-election bid ahead of the 2027 Abia governorship election.
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.
Politics

Nigeria’s House Approves Tinubu’s N58.18 Trillion 2026 Budget

Nigeria’s House of Representatives has approved President Tinubu’s N58.18 trillion 2026 budget, prioritising capital expenditure, security and macroeconomic stability.
Politics

Lawmaker Warns Soludo Against Ending South-East Sit-At-Home

Obi Aguocha cautions Anambra Governor Soludo that ending the Monday sit-at-home could reignite unrest and disrupt fragile peace in the South-East.
News

Court Removes Julius Abure as Labour Party Chairman

KEY POINTS The Federal High Court removes Julius Abure as Labour Party chairman, recognising...
Politics

Court Throws Out Anyanwu Suit Over PDP National Secretary Role

KEY POINTS A Federal High Court in Abuja dismissed Samuel Anyanwu’s suit seeking recognition...
Politics

Abia Obidient Group Denies Threat to Withdraw Support for Otti

Abia’s Obidient Movement says reports linking its support for Governor Alex Otti to ADC defection plans are false and misrepresent its position.
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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.
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.