Portland Paints posts N2.83b turnover, N207m profit
Portland Paints and Products Nigeria Plc, a subsidiary of UAC of Nigeria Plc, has recorded a turnover of N2.83 billion, and Profit After Tax (PAT) of N207 million in the 2018 financial year. Addressing shareholders during the company’s 2018 yearly general meeting, in Lagos, at the weekend, the Company Chairman, Mrs Esosa Balogun, said: “Despite…
OPS cautions government against tax increase for businesses
The umbrella organisation of employers in the Organised Private Sector (OPS) of Nigeria, the Nigeria Employers’ Consultative Association (NECA) has cautioned the Federal Government against increasing tax rate for organised businesses and employees.
NECA faults NBS 2.19 % growth, says economy still in recession
Speaking in Lagos recently, its President, Larry Ettah, said major policy responses must be considered to ensure robust and sustainable growth, as well as effective implementation of the Economic Recovery and Growth Plan (ERGP).
Minister of Labour tasks NECA on accountability
Speaking at NECA’s 2016 Annual General Meeting (AGM), Ngige said that although the association had done well in nurturing industrial relations, it still needed to do more work in other areas.
NECA tasks government on improved FX policy, job creation
Reacting to the latest NBS report that showed unemployment increase by 351,015 in Q4 Director General of NECA, Olusegun Oshinowo, said the data was disturbing but not surprising in the light of the economic recession of the last three-quarters.
CAP assures shareholders of improved performance in 2017
CAP Plc has expressed optimism that the investment made on the acquisition of an in-plant tinting technology would boost company’s performance in the current financial year, just as it has improved its production capacity.
Livestock Feeds invests in supply chain to enhance competitiveness
Livestock Feeds Plc, a subsidiary of UAC of Nigeria Plc, has announced that it is currently investing in its supply chain operation to drive further growth, and enable it deliver better value to all stakeholders.
Ettah hails NBCC for business advocacy, trade promotion
The Group Managing Director/CEO of UACN Plc, Larry Ettah has extolled the Nigerian-British Chamber Of Commerce (NBCC) for advocating sensible policy reforms, promoting trade and investment with the United Kingdom and helping to advance commerce in Nigeria.
UAC subsidiary, paint firm, CAP commissions automated plant
Group Managing Director, UACN Plc and Chairman, CAP Plc, Mr. Larry Ettah, who was represented by Mr. Abdul Bello, described the actualisation of CAP Plc’s automated in-plant tinting factory as a result of hard work...