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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

NESG Warns 2027 Elections Could Disrupt Economic Reforms

NESG warns the 2027 elections may undermine Nigeria’s economic reforms, stressing consolidation, disciplined policies, and stronger growth in agriculture and manufacturing.
News

Kwankwaso Rejects Claims He Backed Gov Yusuf Defection to APC

KEY POINTS Kwankwaso denies backing any plan by Governor Abba Yusuf to leave NNPP ...
Politics

NADECO USA Urges Emergency Rule in Northern Nigeria

NADECO USA has urged President Tinubu to declare a state of emergency in northern Nigeria, citing insecurity and risks to credible elections in 2027.
Politics

Tambuwal Says Nigeria Elections Often Distorted at Collation

Aminu Tambuwal says Nigeria’s elections are often distorted during collation, arguing that systemic flaws weaken voter influence and calling for electoral reforms.
Politics

Datti Says Atiku Has Pursued Presidency Since NYSC Days

Yusuf Datti Baba-Ahmed says Atiku Abubakar has pursued the presidency since his NYSC days, calling for a new generation of Nigerian political leaders.
Politics

Baba-Ahmed Denies Declaring Presidential Bid

Yusuf Datti Baba-Ahmed says he never declared a presidential bid, clarifying that his remarks only reaffirmed his membership of the Labour Party.
News

Datti Baba Ahmed Declares 2027 Presidential Bid

KEY POINTS Datti Baba Ahmed announced his 2027 presidential ambition at the Labour Party...
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Rivers Political Feud Escalates as Wike-Aligned PDP Faction Issues Apology Ultimatum to APC Secretary

KEY POINTS A PDP faction loyal to Nyesom Wike has given APC National Secretary...
Politics

Atiku Warns Democracy Is Slipping As Opposition Space Shrinks Under Tinubu

Atiku Abubakar says Nigeria’s democracy is under pressure as opposition parties face growing political interference under the Tinubu administration.
News

Atiku: No ADC Aspirant will Step Aside in 2027 Race

KEY POINTS Atiku says every ADC presidential aspirant will contest without pressure to withdraw. ...
News

Rivers Deputy Governor Ngozi Odu Leaves PDP for APC

KEY POINTS Rivers Deputy Governor Ngozi Odu has defected from the PDP to the...
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APC Secretary Tells Wike to Quit Cabinet, Accuses Him of Meddling in Rivers Politics

KEY POINTS APC national secretary Ajibola Basiru says Nyesom Wike should resign as FCT...
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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.