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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.
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.
Politics

APC Stakeholders Purchase 2027 Re-Election Forms for Rivers Governor Fubara

KEY POINTS APC stakeholders in Rivers purchased 2027 nomination forms for Governor Fubara. The...
News

UNN Accused of Detaining Journalist Over Report on Bad Hostel Conditions

KEY POINTS A journalist was detained at UNN while reporting on poor hostel conditions. ...
News

Army Admits Gaps in Story as Family Rejects ‘Crossfire’ Claim in NYSC Member’s Death

KEY POINTS A NYSC member was killed in Abuja, with the army first blaming...
Politics

Tinubu Endorses Hamzat as APC Governorship Candidate for Lagos 2027

KEY POINTS President Tinubu endorsed Obafemi Hamzat as APC’s Lagos governorship candidate for 2027. ...
News

PRP Welcomes Baba-Ahmed, Hails Move as Boost for National Renewal Agenda

KEY POINTS PRP has welcomed former Labour Party vice-presidential candidate Yusuf Datti Baba-Ahmed into...
Politics

Supreme Court to Rule on ADC Leadership Crisis

KEY POINTS The Supreme Court of Nigeria will rule on the ADC leadership dispute...
News

Violence Erupts in Niger Community Land Dispute as Armed Attack Leaves One Dead

KEY POINTS Armed attacks linked to a land dispute in Niger State left one...
News

Bandits Kill Political Aspirant’s Brother in Katsina Night Attack

KEY POINTS Bandits killed the brother of a political aspirant during a night attack...
News

Yobe Community Forced to Use Classroom as Hospital

KEY POINTS Lewe Primary Health Care centre in Yobe has been abandoned for over...
News

Concern Grows as Social Media Critic ‘Justice Crack’ Goes Missing After Abuja Meeting

KEY POINTS Social media critic Justice Mark Chidiebere went missing in Abuja after attending...
News

Labour Party Elects Nenadi Usman as National Chair Ahead of 2027 Elections

KEY POINTS Nenadi Usman has been elected as National Chairman of the Labour Party...
News

Reps Approve Tinubu’s $516 Million Loan for Sokoto–Badagry Super Highway

KEY POINTS The House of Representatives approved President Tinubu’s $516.3 million loan request from...
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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.