latest
From Lagos To West Africa: Me Cure Expands As Revenue Soars 45%.
Me Cure Industries has posted significant growth in its 2024 financial year, recording a 45 per cent increase in turnover, which rose from N31.7 billion in 2023 to N46 billion. According to Nivo News, the surge was attributed to the company’s emphasis on cost optimisation, innovative product development, and expansion into regional markets.....KINDLY READ THE FULL STORY HERE▶
Despite the impressive revenue growth, profit before tax declined by 8.3 per cent to N3.3 billion, compared to N3.6 billion in 2023, largely due to a challenging business environment. Profit after tax also dropped by 20 per cent from N2.9 billion to N2.3 billion. Nevertheless, shareholders received a dividend payout of N600 million, translating into 15 kobo per share.
At the company’s annual general meeting in Lagos, Chairman of Me Cure Industries, Samir Udani, highlighted the resilience and adaptability of the company’s management and staff in navigating the economic headwinds. He disclosed that the firm launched 10 new products during the year and commenced exports to West African markets to consolidate its regional presence.
Udani also revealed that the company made significant investments in upgrading its facilities to meet global Good Manufacturing Practice (GMP) standards. The Lagos industrial complex now houses six NAFDAC-approved standalone production plants for tablets, capsules, and syrups, boosting manufacturing capacity. He added that the in-house research and development team had developed new products currently awaiting regulatory approval, reaffirming the company’s commitment to innovation, transparency, and corporate governance in line with international best practices.
Shareholders praised the company’s resilience, with the Coordinator of the Pragmatic Shareholders Association, Bisi Bakare, describing the 45 per cent revenue growth as commendable despite economic challenges. They also lauded the dividend payout and urged investors to patronise the company’s products to sustain its operations. Many shareholders further encouraged Me Cure to leverage new government tariff policies and expand its footprint into more African countries.
latest
THE ULTIMATE PRAISE: Mourinho Drops Jaw-Dropping ‘Incredible’ Verdict After Mbappé’s Epic Hat-Trick!.
Real Madrid manager José Mourinho lauded Kylian Mbappé as “incredible” following the French forward’s hat-trick performance in a victory against Real Sociedad. In post-match remarks to Real Madrid’s official website, Mourinho characterized the 27-year-old’s performance level as “stratospheric” and highlighted his strong drive to cement his legacy at the Santiago Bernabéu. Describing Mbappé’s multifaceted impact, the coach emphasized that the player does not merely wait for service in front of goal; rather, he drops deep to generate chances, links up effectively with teammates—such as executing a one-two with Jude Bellingham—and contributes heavily to the team’s overall build-up play, complementing a collective team effort that Mourinho noted is crucial even when coaching elite talent.....KINDLY READ THE FULL STORY HERE▶
entertainment
THE ULTIMATE SHOCKWAVE: Okoya’s Son Drops Bombshell And Quits Music Forever!.
Nigerian Afrobeats artist Raheem Okoya—son of renowned industrialist Rasaq Okoya—announced on Wednesday via Instagram that he is stepping away from professional music release. What initially started as a casual hobby and bonding activity with friends evolved into a professional career featuring major performances and recognition from childhood idols. However, over the past year, balancing music with his other obligations became increasingly difficult. Stating that he could no longer provide the craft with the required patience and dedication, he chose to make a professional exit.....KINDLY READ THE FULL STORY HERE▶
While the “Siraheem music” era is wrapping up—just months after the May 1, 2026 release of his eight-track debut project, By The Order Of The City—Raheem noted that he plans to channel his creativity into new ventures. He added that music remains therapeutic for him, leaving open the possibility that his unreleased album might eventually see the light of day. Since beginning his professional music journey around 2022, he built an audience through tracks like Bad Bitch Syndrome, Kowope, SOWETO, and TRU$T FUND.
latest
THE ULTIMATE SHOCKWAVE: Tinubu Orders Massive NFF Overhaul In High-Stakes Directives!
President Bola Ahmed Tinubu has mandated a thorough restructuring of Nigerian football, citing ongoing struggles and failure to qualify for major international tournaments. In a Thursday statement issued through Special Adviser on Information and Strategy Bayo Onanuga, the President emphasized that despite advancements in other sports following the re-establishment of the National Sports Commission (NSC), football continues to suffer from deep-seated structural deficits in governance, administration, and accountability.....KINDLY READ THE FULL STORY HERE▶
To execute this overhaul, Tinubu instructed NSC Chairman Shehu Dikko to collaborate with the Nigeria Football Federation (NFF) secretariat on a wide-ranging consultative process, while stressing the necessity of coordinating with FIFA and CAF to avert any penalties related to government interference. This presidential directive closely follows the resignations of NFF President Ibrahim Gusau and General Secretary Muhammad Sanusi.
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