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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.

Reps Probe Utilization of Take-Off Grants, Bailout Funds from 2015 to Date

The House of Representatives investigates take-off grants and bailout funds, with a focus on transparency and accountability

Court Strikes Out Nnamdi Kanu’s N50bn Suit Against FG

The Federal High Court strikes out Nnamdi Kanu’s N50 billion suit against the Federal Government, citing lack of diligent prosecution and legal representation.

External Auditors to Review NNPC’s N2.7 Trillion Subsidy Claim

Nigeria hires external auditors to verify NNPC’s N2.7 trillion fuel subsidy claim for transparency and accountability.

Electricity Tariff Hike: 85% Still Benefit from Subsidy

Nigeria's government affirms 85% still enjoy electricity subsidy amidst tariff hike. Reinvestment plans outlined

HURIWA Questions Government’s Narrative on Kaduna Kidnappings

HURIWA challenges the Federal Government's account of rescuing 137 kidnapped Kaduna pupils without arrests, demanding transparency and criticizing the handling of the children's emotional and psychological trauma.

Gumi Summoned for Talks After Advocating Negotiation with Bandits

The Nigerian government has summoned prominent Islamic cleric Sheikh Ahmad Gumi for talks following...

FAAC Disburses N1.127 Trillion in Revenue Share to Government Tiers

Nigeria's FAAC allocates N1.127 trillion to governments, with significant revenue boosts from VAT, CIT, and other sources.

Mezovest CEO Urges Nigerian Government to Price Local Gas in Naira, Not Dollars

Mr. Tosin Thompson, the CEO of Mezovest, has made a plea to the Federal...

Latest articles

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.