M&E: First Bank, BUA, others changing Nigeria’s corporate landscape
By ADEBAYO OBAJEMU
Until it was debunked by the two banks, it was in the rumour mill lately that Zenith Bank was considering acquiring the...
Dangote tomato company resumes production in Kano
The Dangote Tomato Processing Company, Kadawa, says it has recruited no fewer than 100 skilled and casual workers ahead of its production resumption.
The company...
Cloud over Unilever’s future as fortunes slide
...as huge debt, cost of inputs cripple operations
By JULIUS ALAGBE
Like most other fast moving consumer goods, FMCG, companies in the country, Unilever Nigeria Plc...
Guinness wobbles with 49% Q2 returns
By OKEY ONYENWEAKU
Guinness Nigeria may still be suffering the buffeting effects of the country’s weak economy and stiff tax on tobacco and alcohol.
This is...
Guinness Nigeria post-tax profit decline by almost half in six moths
Nigeria’s sluggish economy took a serious toll on the financial performance of Guinness Nigeria as its profit after tax dipped by almost half in...
Auto Policy Review: FG tasks auto stakeholders on concrete input
The Federal Government on Thursday tasked the automotive stakeholders on concrete input to amend the Draft Automotive Policy and Nigerian Automotive Industry Development Plan...
Honeywell Flour Mills Plc posts N58.2bn in nine months result
Honeywell Flour Mills Plc. has released financial statements for the 9-month period ended 31st December 2019 with operating profit 19 per cent from N2.8billion...
U.S. Ambassador, Emefiele, El-Rufai witness Kaduna Tomato plant groundbreaking
Kaduna State Governor, Nasir El-Rufai on Monday, performed the groundbreaking of a multi-billion naira Tomato Processing Plant owned by Tomato Jos Farming and Processing...
Unilever suffers N4.76 billion loss in 2019
The harsh operating environment had a serious hit on Unilever Plc. last year, as it posted N4.76 loss after tax; its 2019 financial statements,...