COVID-19: Mixed performance of the cement industry

…as BUA cement lead in industry profitability By ADEBAYO OBAJEMU The global pandemic has taken its toll on businesses and the economy in general. The cement...

FMN bucks trend in consumer goods

Receives analysts nod for dividend seeking investors By JULIUS ALAGBE Flour Mills of Nigeria (FMN) Plc scorecard came stronger than expected as the company bolstered...

Food & Beverages sector performance hobbled by Covid-19

The times appear no longer easy for businesses as every new day comes with bigger operational challenges not only in Nigeria but all over...

CBN launches new mortgage risk guarantee scheme

BY EMEKA EJERE The Central Bank of Nigeria (CBN) is making frantic efforts to reposition the housing financing institutions with a view to stimulating access...

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...