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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

Fubara’s Absence at Rivers Assembly Sparks Speculation, Concern

Governor Siminalayi Fubara failed to appear as Rivers Assembly resumed, leaving supporters disappointed and fueling speculation about his absence.
News

Rivers Assembly Calls for DSS Probe into Chief Judge Over Alleged Age Falsification

KEY POINTS The Rivers State House of Assembly has called for a DSS investigation...
Politics

Rivers Assembly Accuses Fubara of Playing to the Gallery

Rivers Assembly rejected the accusations that they blocked Governor Siminalayi Fubara from delivering the 2025 budget while maintaining his account of performing staged appearances for the public.
News

Rivers Assembly Orders Arrest of RSIEC Chairman, Four Commissioners

Rivers Assembly orders the arrest of RSIEC chairman and commissioners after they failed to appear in response to an election annulment ruling.
News

Riveting Budget Drama in Rivers: Fubara Given Ultimatum

The Rivers State Assembly, led by Martin Amaewhule, gives Governor Fubara a seven-day ultimatum to re-present the 2024 budget amid political turmoil.

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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.