Nigeria’s rising inflation worries manufacturers, MAN wants economic diversification
Onome Amuge
February 18, 2021
By Onome Amuge Says threatens industrial sector recovery The Manufacturers Association of Nigeria (MAN), has
Heineken to cut 8,000 jobs, restructure, amid COVID-19
Zainab Iwayemi
February 11, 2021
By Zainab Iwayemi Reveals plans to move beyond beer Heineken sold more non-alcoholic drinks, driven by Heineken 0.0 and Maltina
Cadbury Nigeria posts weak numbers as profit tumbles 84% to N35.4bn in FY20
Charles Abuede
January 28, 2021
By Charles Abuede Cadbury Nigeria has posted a set of weak numbers in its financial performance for the year 2020. In
Flour Mills shows operational resilience with 31% growth in Q3 revenue to N200bn
Charles Abuede
January 27, 2021
By Charles Abuede YTD revenue stood at N555.3bn after 9 months, while TCI grew to N15.59bn in Q3’ 2020/21 Flour Mills of
Unilever Nigeria cuts operating loss significantly as revenue rises 1.3% to N61.6bn
Charles Abuede
January 26, 2021
By Charles Abuede Gross profit surged to N13.8bn, but with N3.05bn operating loss in FY20 Growth was chiefly driven by food
MAN demands protection of local industries under AfCFTA scheme
Onome Amuge
January 15, 2021
By Onome Amuge Tasks SON on quality assurance of imports Local manufacturers in Kano, north central Nigeria, under the
Dangote to expand manufacturing into Central Africa to boost cement production
Onome Amuge
January 12, 2021
By Onome Amuge Nigerian multinational industrial conglomerate, Dangote Industries Ltd, has disclosed its plans to expand its
MAN recounts financial woes over electricity tariff hike, amid temporary suspension by minister
Onome Amuge
January 8, 2021
By Onome Amuge The Manufacturers Association of Nigeria (MAN) has reproached the recent electricity tariff hike approved by the
BUA Cement eyes dual listing after 37.82% oversubscription of N100bn corporate bond
Charles Abuede
January 5, 2021
By Charles Abuede BUA Cement Plc has revealed that following the successful conclusion of its N100 billion bond offering during
BUA Cement’s $1.05bn new Nigeria plants to raise capacity to 20mmt by 2022
Charles Abuede
December 24, 2020
By Charles Abuede China’s Sinoma CBMI wins deal to build plants in Edo, Sokoto, Adamawa New plants to be completed by close of
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