InsideBusiness - Business News in Nigeria - News around you!

International Breweries Plc hit a major milestone in 2025 by recording its first profit in years, just shy of N51 billion. Despite this achievement, the company remains a few years away from paying dividends. In 2024, shareholders poured N588 billion in fresh funds to rescue the company from massive debt and foreign exchange losses, but the…

The Centre for the Promotion of Private Enterprise (CPPE) has praised the tariff increases in the federal government’s 2026 fiscal policy framework, calling it a bold move to reshape Nigeria’s economic structure to boost local production, drive industrialisation, and cut reliance on imports. In its latest policy brief, the CPPE…

The Nigerian stock market kept up its winning streak for the week ending April 17, 2026, with the All-Share Index (ASI) climbing 6.57 per cent to finish at 217,167.57 points. Market capitalisation mirrored this performance, appreciating by 6.60 per cent to settle at ₦139.827 trillion, underscoring renewed investor confidence and strong buy-side…

Justice Kazeem Alogba, the Lagos State Chief Judge, has stirred controversy by withdrawing a land dispute case and considering its transfer without informing the claimants or their legal representatives, prompting concerns about impartiality. Disturbed by the development, one of the counsels, Anthony George-Ikoli, a Senior Advocate of Nigeria…

Manchester City have put immense pressure on the league leaders after a thrilling 2-1 win against Arsenal this Sunday. The victory acts as a massive blow in the Premier League title race, leaving Pep Guardiola’s side just three points behind the Gunners. Crucially, City still have a game in hand and all the momentum as Arsenal struggle to…