Bakers to Nigerians: Expect increases in bread prices
Premium Bread Makers Association of Nigeria expresses concern over the impact of economic reforms on their industry.
PZ Cussons expects currency devaluation to hurt its short-term financial performance
PZ Cusson Nigeria Plc said it expects Nigeria's economic reforms to negatively impact its financial returns in the short term.
Nestle Nigeria to replace corn starch use with cassava over rising import cost
Nestle is moving its raw material sourcing closer to production facilities in response to growing pressure on foreign exchange reserves...
Nigerian Manufacturers spent N144 billion on sourcing alternative energy in 2022
Manufacturers Association of Nigeria (MAN) has noted that manufacturers in Nigeria spent around N144 billion on alternative sources of energy...
NAFDAC makes statement on safety of Nigerian manufactured noodles
The Director-General of NAFDAC, Prof. Christianah Adeyeye, has assured the public that noodles made in Nigeria are safe for consumption.
UAC shakes up board, elects new vice-chairman
Khalifa Adebayo Biobaku has been elected as the new Vice-Chairman of the Board of Directors of the United African Company...
President Tinubu in France to network with IFCs, institutions and country leaders – Dele Alake
President Tinubu visits France to network with international finance corporations, investors, and leaders of developed countries.
Nigeria’s electricity supply has declined in the past twelve months – NBS
Electricity supply in Nigeria declined by 1.74% over the past year but rose on a quarterly basis as DisCos generated...
States’ external debt rise by 42% in the wake of FX unification
The recent unification of the foreign exchange rate by the Central Bank has significantly impacted the external debt burden.
Nigeria manufacturers query introduction of 7.5% VAT on diesel
The Nigerian business community has pleaded with President Bola Tinubu to allow reforms to settle down before implementing new ones.
