The IMF projects Nigeria’s external debt could reach 25% of GDP by 2025, raising concerns about fiscal sustainability and prompting calls for revenue diversification.
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.