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BUA Foods Posts Sharp Profit Jump as Demand Lifts Sales

BUA Foods nearly doubled profit in 2025, as demand for staples and tight cost control lifted earnings and reinforced its position in Nigeria’s food sector.

Vitafoam Nigeria Posts Strong Start to 2026 on Demand

Vitafoam Nigeria began 2026 with higher revenue and profit, supported by domestic demand growth, lower finance costs and a stronger balance sheet despite weaker exports.

Tinubu Seeks Investment Opportunities at Riyadh Summits

President Bola Tinubu of Nigeria is set to attend two major summits in Riyadh,...

West Africa Loses Billions to Trade Barriers Along Lagos-Abidjan Highway

The Lagos-Abidjan highway, a 1,028-km road project that aims to connect five coastal countries...

Nigeria’s Industrialisation Dream Fades as Naira Hits Record Low 

Nigeria, Africa’s largest economy, is facing a crisis of industrialization as its currency, the...

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BUA Foods Posts Sharp Profit Jump as Demand Lifts Sales

BUA Foods nearly doubled profit in 2025, as demand for staples and tight cost control lifted earnings and reinforced its position in Nigeria’s food sector.

Vitafoam Nigeria Posts Strong Start to 2026 on Demand

Vitafoam Nigeria began 2026 with higher revenue and profit, supported by domestic demand growth, lower finance costs and a stronger balance sheet despite weaker exports.

Linkage Assurance Revenue Rises 24 Percent on Performance

Linkage Assurance posted a 24 percent rise in insurance revenue in 2025, supported by underwriting growth, reinsurance optimisation and improved profitability across core operations.

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.