PZ Cussons moves to halt declining fortunes

By AYOOLA OLAOLUWA In a desperate move to turn around the dwindling fortunes of PZ Cussons Nigeria Plc, the management of the company has introduced...

COVID-19: OGUN moves to reopen recreation centres

KUNLE IDOWU, ABEOKUTA As part of its plan to reopen recreation activities, Ogun State government has urged business owners to ensure all safety and preventive...

COVID-19: Rising inventory costs dampen manufacturers profit forecasts

...as airlines, boarding schools, hotels, other large consumers remain under lock By AYOOLA OLAOLUWA Despite the significant spike in economic activities occasioned by the partial lifting...

Transcorp appoints Mrs. Foluke Abdulrazaq as Board Vice Chairman

Transnational Corporation of Nigeria Plc (Transcorp) has announced the appointment of Mrs Foluke K. Abdulrazaq to its Board of Directors, as Vice Chairman. Mrs Abdurazaq,...

BUA moves to deepen infrastructure investment

BY EMEKA EJERE Leading food, cement and infrastructure conglomerate, BUA Group, recently announced the acquisition of majority stake in P.W.  Nigeria Limited – one of...

MAN expresses worry over N420bn inventory

The Manufacturers Association of Nigeria (MAN) has expressed concerns over its overall inventory of unsold products worth N420 billion for the first quarter of...

Nestlé Nigeria reiterates commitment to healthy lives for children

As Nigeria marks the 2020 Children’s Day, Nestle Nigeria restates its commitment to helping children live healthier lives. The News Agency of Nigeria (NAN) reports...

Choking industry costs: Nestle’s unyielding burden

By OKEY ONYENWEAKU The challenge of managing administration and distribution costs in addition to expanding rates of competition from nimbler entrants, and of course the...

Unilever adopts direct sale strategy to increase margin 

By-passes distributors, middlemen By AYOOLA OLAOLUWA In its quest to leverage on Konga’s massive warehousing infrastructure and market reach, Fast Moving Consumer Goods (FMCG) manufacturer,...

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