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Manufacturing giants grow profit by 35% despite flat revenue

…As top ten FMCGs post N601.7bn PAT in H1’26 lRevenue stagnates at less than 1% year-on-year  lAnalysts cite improved operating cost efficiency By Yinka Kolawole The largest fast moving consumer goods (FMCG) manufacturing companies in Nigeria significantly improved profitability in the first half of 2026 (H1’26), even as combined revenue remained broadly flat year-on-year, highlighting […]

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Nigerian Army X account hit in second military cyber breach

The Nigerian Army has reported an attempted unauthorised access to its official X account, marking the second reported cyber breach involving a Nigerian military social media account in about two weeks. The Army’s account began publishing memecoin-related updates at about 3:50 p.m. on Saturday, before the development was flagged as a cybersecurity incident. The Acting […]

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Osun Election: Oyebamiji accepts result, congratulates Adeleke

The All Progressives Congress (APC) candidate in the August 15 Osun State governorship election, Bola Oyebamiji, has accepted the outcome of the poll and congratulated Governor Ademola Adeleke, two weeks after the election. Adeleke, who contested on the platform of the Accord Party, was declared winner of the election. In a statement on Saturday, Oyebamiji […]

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IMT Mass Comm alumni commission N6m solar power project

By Chinedu Adonu ENUGU — The N93/H96 class of the Association of Mass Communication Students, ASMACS, Institute of Management and Technology, IMT, Enugu, has donated a 15KW lithium-battery solar power system worth over N6 million to the institution’s Department of Mass Communication. The project, comprising a 12KVA inverter and 15 solar panels, was commissioned at […]

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2027: Don’t promise what you can’t deliver, Maraya warns politicians

By Ibrahim Hassan-Wuyo KADUNA — A Kaduna-based Islamic scholar and former Special Adviser to two former governors of Kaduna State, Sheikh Haliru Maraya, has cautioned politicians seeking elective offices in 2027 against making unrealistic promises to Nigerians in their bid to win votes. Maraya, who spoke against calls by some politicians for the return of […]

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Ugboaja’s death devastating blow to labour movement — CFC

By Dapo Akinrefon LAGOS — The Centre for Change, CFC, has described the death of the General Secretary of the Nigeria Labour Congress, NLC, Mr Emma Ugboaja, as a devastating blow to the labour movement. The CFC, in a statement on Sunday by its President, Dr Joe Okei-Odumakin, said Ugboaja was at the forefront of […]

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