Nigerian Breweries Indicates Plans for Company-wide Reorganisation

Following the recent announcement of its Business Recovery Plan, Nigerian Breweries Plc has indicated plans for a company-wide reorganisation aimed at securing a resilient and sustainable future for its stakeholders. The move, the company said...

Firm to Build N5bn World-class Research Centre at LAUTECH

A firm, Supply Chain Africa, in partnership with Adebayo Adeleke LLC, is set to build a research and innovation centre at Ladoke Akintola University of Technology (LAUTECH), in Ogbomoso, Oyo State. The project, which will...

Stock Market Depreciates by N633bn WoW Amid Profit-taking

The stock market wrapped up last week on investors’ profit-taking note, as the market opened for two trading days amid the federal government declaration of April 9 to 11, 2024 as public holidays to...

More Opportunities as Emple Takes Over Old Mutual

Eleven years after entering the Nigerian market, Old Mutual Limited, a premium African financial services group, has made a fresh strategic move to further explore the market and reposition the brand through new ownership.  One...

Business Leaders Applaud NICA’s Executive Programme

The National Institute of Credit Administration’s (NICA) six-month mandatory Credit Management Academic Improvement Programme (MCMAIP) receives accolades from top corporate and business leaders in the 11th executive class. Participants express profound satisfaction with the programme,...

FITC to Redefine HR with AI, Digitisation for Organisational Sustainability

The eagerly anticipated E3 Conference, hosted by FITC, is back for its fourth edition, poised to set new benchmarks in the realm of employee engagement and organizational sustainability. Themed, “Redefining HR Through AI & Digital...

NB to Seek Shareholders’ Approval to Raise N600bn via Rights Issue

CHIGOZIE AMADI The management of Nigerian Breweries (NB) Plc has said it is set to seek shareholders’ approval to raise N600 billion fresh capital via rights issue at its forthcoming Annual General Meeting (AGM) in...

New substation will power 2,000 Ondo communities – NDDC

The Niger Delta Development Commission has said it has completed and connected the 132/33kv electricity substation built at Ode-Erinje in the Okitipupa Local Government Area of Ondo State to the national grid. The NDDC’s Executive Director...

PTML Customs collected N67bn in first quarter, says spokesperson

The Nigeria Customs Service, Port & Terminal Multipurpose Limited Command, has revealed that it collected N66.9bn in revenue for the first quarter of 2024. The Public Relations Officer of the command, Muhammad Yakubu, disclosed this...

Four pharmaceutical firms suffered N8bn forex loss in 2023 – Report

The weakening of the naira resulted in a combined foreign exchange loss of N8.31bn for four pharmaceutical firms listed on the Nigerian Stock Exchange in 2023. The 2023 financial statements of GlaxoSmithKline Consumer Nigeria, Neimeth International...
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