Renault names new leaders as scandal-hit Ghosn bows out
Businessam Staff
January 24, 2019
Renault appointed Michelin boss Jean-Dominique Senard as its new chairman on Thursday, after Carlos Ghosn was forced to resign in the wake of a financial scandal that has rocked the French carmaker and its alliance with Japan’s Nissan. Senard will become chairman immediately, the company said, with deputy chief executive Thierry Bollore taking over Ghosn’s […]
Nigeria spends $1.3bn on dairy imports annually despite potential to generate $10bn in exports
Temitayo AyetotoMarch 12, 2018
Nigeria spends about $1.3 billion yearly on the importation of dairy products such as milk, yogurt, cheese and other milk derivatives despite her potential to rake in an estimate of N3.6 trillion ($10 billion) annually from exports of the products, according to Aisha Abubakar, minister of state for industry, trade and investment Speaking at a […]
Chellarams, DMK partnership to intensify competition in Nigeria’s dairy market
Obodo EjiroJune 30, 2017
The competitive landscape for dairy producers in Nigeria is set to intensify with the biggest dairy producer in Germany, DMK Group, entering the market through a partnership deal with Chellarams Plc. Chellarams Plc and DMK have signed an agreement to form a new company, Chellarams DMK limited, which will manage the production, marketing, sales and […]
Dairy makers get input relief from Fulani herdsmen
Businessam StaffJune 19, 2017
Amid high foreign currency cost, which has made raw materials importation almost impossible, dairy makers are getting more local milk from Fulani herdsmen who now prefer to settle in particular locations rather than move around with their cows. FrieslandCampina Wamco, a Dutch dairy giant in Nigeria, currently gets three to ten percent of its input […]