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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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Workers Face Nigeria’s Worst Survival Crisis, NLC Says

Nigeria’s labour union says inflation, insecurity and weak wages have pushed workers into the harshest survival crisis the country has ever recorded
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Union Leaders Warn Nigeria’s Policies Deepen Worker Hardship

Labour unions at PERESSA’s delegates conference reject anti-poor policies, fuel tax plans, and wage erosion, warning against attacks on workers’ rights.
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Tinubu’s Economic Reforms Under Fire as Labour Slams Scorecard

Labour unions say Tinubu’s economic reforms have worsened hardship, citing inflation, insecurity, and failed promises after two years in office.
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Nigerian Labour Unions Demand Reinstatement of Rivers Govt

KEY POINTS Nigerian labour unions demand President Tinubu revoke Rivers State’s emergency decree and...
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NLC Rejects Proposed Petrol Price Hike Amid Economic Hardship

The Nigeria Labour Congress (NLC) has rejected the proposed petrol price hike, arguing it will worsen economic hardship in Nigeria and urging the government to seek alternative solutions.
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Police Summon NLC Leader Ajaero Over Alleged Terrorism, Treason Charges

Police summon NLC leader Joe Ajaero for questioning on serious charges, sparking concerns of government intimidation and suppression.
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NLC Defies DSS Warning, Vows to Proceed with Nationwide Protest Over Living Costs

NLC to conduct nationwide protests against high living costs, defying DSS's caution and aiming to spotlight Nigeria's economic challenges and hardships.

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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.