Nigeria Set To Improve Economy With Steel Production

The federal government intends to restructure the nation's steel sector in order to boost the economy and provide job opportunities. The Minister of Steel...

Coca-Cola Named Most Valuable, Strongest Non-alcoholic Drinks Brand

Coca-Cola (brand value down 5% to USD33.5 billion) retains its title as the world’s most valuable non-alcoholic drinks brand, according to a new report...

Nestlé Savours Success As World’s Most Valuable Food Brand

Nestlé (brand value up 8% to USD22.4 billion) once again earns the title of the world’s most valuable food brand, according to a new...

CBN Loans To Power, Manufacturing Companies Surges To N5.6tn

In three years, the Central Bank of Nigeria (CBN) has increased its involvement in the industrial, aviation, and power sectors to N5.6 trillion. The...

MAN Trains Exporters On AfCFTA Potential

The Manufacturers Association of Nigeria (MAN) through its Export Promotion Group, has trained Nigerians exporters on how to harness potential in the African Continental...

GSK Shuts Down Its Operations In Nigeria

GlaxoSmithKline (GSK) Consumer Nigeria Plc has announced that it will suspend operations after assessing the options for transitioning to a third-party distribution strategy for...

BUA Foods Records N95.2 billion Profit In H1

BUA Foods reported that its profit after tax increased by 142.24 percent, from N39.3 billion at the end of 2022 to N95.2 billion at...

Nigerian Breweries Records ₦277bn Revenue For Half-Year 2023

The Board of Directors of Nigerian Breweries Plc, Nigeria’s foremost brewing company, has announced a revenue of ₦277 billion for the half-year (six months)...

MAN: We Are Confused About Tobacco And Alcohol Tax

The Manufacturers Association of Nigeria (MAN) is demanding that the Federal Government provide clarification regarding the higher excise duty on tobacco products and alcoholic...

Dangote Denies Favouring Expatriates Over Nigerians

The management of Dangote Refinery have debunked a report published on the online platforms of some media organisations that the company employed 11,000 skilled...

Cadbury Declares N14.52b Loss In 2023 Half-year

With about N20.77billion foreign exchange losses, Cadbury Nigeria Plc has declared N14.52 billlion loss before tax in half year (H1) ended June 30, 2023...

Bakers And Millers Disagree Over Hike In Flour Price

Bakers under the protection of Premium Bread Makers Association have disagreed with the declaration by flour millers that the price of flour has not...

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