30 Oct 2019
With competition from cheaper brands and sachet alcoholic drinks, brewing firms in the country are groaning under the burden of excise duty as they struggle to manage costs that would have hitherto been passed to consumers.
24 Oct 2019
ith brewing firms unable to pass on rising costs to consumers, they have called on the Federal Government to review its position on excise duty as operators continue to cave under the pressure of increased duty.
14 Oct 2019
The free fall of equities on the Nigerian Stock Exchange (NSE) worsened at the close of transactions last week, as the benchmark All-Share Index (ASI) recorded five consecutive days of losses, breaking down its October 3, 2019, strong support level of 26,789.38 basis points.
12 Oct 2019
Nigerian Breweries (NB) Plc has handed over a new model block of six furnished classrooms, with a library and toilet to the Government Day Secondary School...
23 Jul 2019
Following price losses suffered by many blue chip stocks, transactions on the equities sector of the Nigerian Stock Exchange...
2 Jul 2019
Following price losses suffered by the bellwethers, equity market resumed trading for the month on a bearish note, causing investors’ wealth...
12 Jun 2019
The reign of the bears continued unabated on the equity sector of the Nigerian Stock Exchange (NSE), as more blue-chip stocks constituted the losers chart, resulting to a further slide in the All-share index by 0.7 per cent.
26 May 2019
Evanpower Engineering Limited has threatened to drag Nigerian Breweries (NB) Plc to court over alleged usage of its Intellectual Property without pay. The company, in a petition by its Counsel, A.U.G Ojinta to the Managing Director of the Nigeria Breweries Plc, demanded for the payment of N750m and N3.7m as fees for the blueprint design…
20 May 2019
The Initiative for National Growth Africa (INGA) in conjunction with Let Cerebal Palsy Kids Learn Foundation at the weekend held a creative arts session for the children living with special needs and an empowerment programme for their mothers. According to the organizer, Ms. Racheal Inegbedion, the project was to provide talent development for children living…
2 Apr 2019
Following price losses incurred by most blue-chip stocks, transactions on the trading floor of the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, causing market capitalisation to plunge further by N206 billion. Specifically, at the close of transactions yesterday, the All-share index (ASI) shed 513.92 absolute points, representing a decline of 1.66 per cent,…
27 Mar 2019
The bears sustained hold on the equities sector of the Nigerian Stock Exchange (NSE) yesterday, as more blue-chip stocks depreciated in price, especially Wema Bank and Presco, causing the All-Share Index to decline further by 0.01 per cent. Specifically, the All-Share Index shed 3.46 absolute points, representing a dip of 0.01 per cent to close…
7 Mar 2019
UEFA Champions League sponsor, Heineken has revealed its plan to delight football fans across Nigeria with unique, premium viewing experiences for the rest of this campaign.