Guinness Nigeria’s Quarterly Profit Jumps 48% as Finance Costs Tumble
Guinness Nigeria has reported a profit after tax of N10.39 billion for the first quarter of this year, up from
Read more
Economics
World Bank’s Petrol Import Push in Nigeria ‘Deeply Troubling’, Says CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has expressed strong reservations about a policy recommendation by the World
Read more
Tolaram’s Guinness Nigeria Becomes Latest Brewer to Hit Trillion-Naira Valuation
Guinness Nigeria has become the third brewer to join the elite club of listed companies with a market capitalisation of
Read more
Nigeria’s Debt-to-GDP Ratio to Drop for First Time in Over a Decade — World Bank
Nigeria’s debt burden is set to ease for the first time in more than a decade, signalling improving fiscal resilience
Read more
Afreximbank Unveils $10bn War Chest for Africa and Caribbean Amid Middle East Crisis
The African Export-Import Bank (Afreximbank) has approved a $10 billion emergency financing package to protect African and Caribbean economies from
Read more
UAC’s Mr Bigg’s Extends Losing Streak to Seven Years as Loss Widens to N1.8bn
Mr Bigg’s, once a dominant force in Nigeria’s fast-food industry, has reported its seventh consecutive annual loss for 2025 as
Read more
Nigeria’s Reliance on ‘Hot Money’ Rises But Exit Risk Looms Large
Nigeria’s foreign portfolio investment, which climbed to its highest level in at least 12 years in 2025, is increasingly exposed
Read more
Middle East War Puts Nigerian Manufacturers in a Fix
The Manufacturers Association of Nigeria (MAN) has warned that the escalating military confrontation involving the United States, Israel and Iran
Read more
Swiss-Based Shipping Giant MSC Inks 45-Year Terminal Deal with Nigeria’s Nigerdock
Mediterranean Shipping Company (MSC), the world’s largest shipping line, has signed a 45-year sub-concession agreement with Nigerdock to develop, operate,
Read more
Dangote Eyes Steel, Power, Ports in New Pan-African Expansion Push
President of Dangote Group, Aliko Dangote, has unveiled plans to expand into steel production, electricity generation and port development as
Read more