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Wednesday, February 1, 2023

Nigerian Breweries Shareholders Approve Issuance Of 2.1bn Bonus Shares

The shareholders of Nigerian Breweries Plc have unanimously approved the issuance of 2.1 billion bonus shares to qualifying shareholders following the conclusion of its...

How Brands Can Stop Product Fraudsters In Today’s Counterfeit Economy

Brands all over the world have a big problem on their hands – dealing with the ugly menace of counterfeit products that are continually...

Finance Act Is Bankrupting Us – Soft Drink Manufacturers

The national assembly has been asked by major players in the soft drink industry to protect businesses from going bankrupt due to the ₦10/litre...

The Needs Of The Manufacturing Sector Met Through Technological Innovation At Propak In Nigeria

Propak West Africa is widely known in the region as the leading exhibition for the packaging, plastics, printing and processing industry. This reputation has...

CFM’s Market Activities Gain Recognition At FMDQ 2022 Gold Awards

Crown Flour Mill Limited, a leading flour-milling firm and subsidiary of Olam Agri Nigeria, an agribusiness with interests and investments in food, feed, and...

Nigerian Government Releases N785bn To Manufacturers

Between 2019 and 2022, the Federal Government released N785 billion through the Bank of Industry (BOI) to stimulate manufacturing, local production and exports. President...

Nigerian Breweries Increases Q3 Revenue By N393bn

Nigerian Breweries Plc announced an increase in sales of N393.34 billion for the third quarter ended September 30, 2022. The result represents a 27.2...

$3tn Infrastructure Deficit Stopping Nigeria’s Growth – CIBN

According to the Chartered Institute of Bankers of Nigeria (CIBN), a lack of critical infrastructure development has hampered the country's economic potential over the...

Nigeria Finalizes MoU With Daewoo For Renovation Of Kaduna Refinery

The Nigerian National Petroleum Company (NNPC) Ltd has signed a memorandum of understanding (MoU) with Daewoo Group, a South Korean company, for the renovation...

Why Foreign Textile Materials Should Not Be Allowed In Nigeria – Dangote

Business magnate, Aliko Dangote has stated that foreign textile materials should not be allowed in Nigeria to encourage the local clothing industry to grow. Dangote...

Kogi State Drags Dangote To Court Over Obajana Ownership

Concerning ownership of its cement factory in Obajana, a town located in the Oworo region of the Lokoja Local Government Area, the government of...

FG Reopens Dangote Cement As Talks Continue Between Parties

Rauf Aregbesola, the interior minister, has revealed that the Dangote Group and the Kogi State Government have achieved an understanding over the necessity...

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