Friday, 27th May 2022
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2 days ago
International Breweries Plc has said it recorded N1.9bn profit before tax in the first quarter of 2022. The firm said this in a statement on its 2022 first-quarter results.
2 days ago
Mrs. Rosie Glazebrook is the Chief Executive of the Commonwealth Enterprise and Investment Council (CWEIC). In this interview, she talks about efforts
2 days ago
Local manufacturers in the country have cited high-level insecurity, rising operating costs and the general manufacturing unfriendly environment as responsible for the low production
15 May
For over a decade, some International Oil Companies (IOCs) that are operating in Nigeria have been divesting their portfolio. Among other things, those affected are eager to leave the shallow water, but still, maintain their businesses in the deep water...
11 May
Local manufacturers under the aegis of the Manufacturers Association of Nigeria (MAN) have expressed apathy about the operating business environment, citing concerns about rising insecurity and production challenges that continue to dim outlook for the second quarter of the year.
11 May
BUA Foods has taken delivery of the first of two shipping vessels to augment its sugar export operations to the West African market, which kicked off earlier this year.
11 May
The Chairman, Phillips Consulting Limited, (PCL), Foluso Phillips, has charged the Nigerian American Chamber of Commerce (NACC) to inspire Nigerians to take advantage of the market in the United States of America (USA), especially in areas where Nigeria have competitive advantage and global competence.
4 May
Cadbury Nigeria Plc, a subsidiary of Mondelēz International, has reported profit of N1.54 billion for the first quarter of the year ended March 31, 2022, representing a growth of over 500 percent, when compared to N242 million realised in the same period in 2021.
4 May
The United Nations Economic Commission for Africa (UNECA) has emphasized the need for trade data to incorporate informal trade in the measurement of intra-African trade in order to get significant value and idea of the true state of affairs among entities.
4 May
Notwithstanding a profit after tax of N15.28 billion in its third quarter (Q3) ended March 31, 2022, an increase of 731 per cent from N1.84 billion reported in the unaudited third quarter (Q3) ended March 31, 2021, Guinness Nigeria’s distribution expenses,...
4 May
With Nigeria ranking as the second largest consumer of lubricants, mostly from importation, due to poor refining capacity of crude, stakeholders in the industry have charged local operators to embrace local production of high-quality lubricants.
27 Apr
The Lagos Chamber of Commerce and Industry (LCCI) has inducted 74 new members into its fold while charging them to embrace credibility and innovation, as well as re-evaluate their operations
27 Apr
Despite the available resources in the country, Nigeria is often described as one that reflects extreme inequality and significant economic disparities between the North

Latest

1 day ago
Gov. Babagana Zulum of Borno has announced that some associates of key presidential aspirants of All Progressives Congress (APC) have offered him Vice President slot.
1 day ago
The Nigeria Customs Service (NCS) Lagos Industrial Command on Thursday gave companies not yet registered for payment of excise duty under its command 14-days to comply or face sanctions.
1 day ago
Lagos State Governor, Mr Babajide Sanwo-Olu, has won the All Progressives Congress governorship ticket to run in the 2023 election. At the end of the primary election spearheaded by the Electoral Committee Chairman, Mr Adamu Shettima Yuguda, Sanwo-Olu scored 1170 votes though he was unopposed as the two other candidates who bought forms were not…
1 day ago
The Federal High Court, Abuja, on Thursday, stopped the Independent National Electoral Commission (INEC) from recognizing or accepting ad hoc delegates produced by Gov. Godwin Obaseki’s faction of the People’s Democratic Party (PDP) in Edo.
1 day ago
Hollywood actor Kevin Spacey is facing sexual assault charges in the UK, police and prosecutors said on Thursday, after a review of allegations against him. The two-time Oscar winner for "The Usual Suspects" and "American Beauty" was artistic director of The Old Vic theatre in London between 2004 and 2015. Allegations against him first emerged…