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.
Nigerians are feeling the pinch of rising prices, and the Central Bank is taking decisive action. Governor Dr. Olayemi Cardoso reaffirmed the Monetary Policy Committee's (MPC) commitment to keeping interest rates high to combat inflation. This comes after two significant interest rate hikes in 2024, pushing the benchmark lending rate to a record 24.75%.
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 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 posted a 24 percent rise in insurance revenue in 2025, supported by underwriting growth, reinsurance optimisation and improved profitability across core operations.