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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.
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Mrs. Rosie Glazebrook is the Chief Executive of the Commonwealth Enterprise and Investment Council (CWEIC). In this interview, she talks about efforts
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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
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...
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.
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.
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.
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.
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.
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,...
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.
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