Company News
All the latest Nigerian company news, market intelligence and analysis
Nigerian Bottling Company installs high-speed canning line at Ikeja Plant
The new canning line will allow NBC to meet up with increasing sales demand.
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Guinness Nigeria finding it hard to refinance its loans due to dollar scarcity
Just recently the brewery giant reported an annual pretax loss of 17.07 billion naira
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Mixed fortunes for Nigerian Breweries Plc as the Brewery sector moribunds
Half-year results from different brewing companies have revealed that the entire sector in Nigeria may be moribund.
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Livestock Feeds: How this company survived over half a century producing animal feed
Livestocks Feeds Plc is going to need to up its ante, if it hopes to last another 50 years.
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Japaul exits oil sector, to raise N27 billion as it switches to mining
Japaul is exiting the oil industry after a protracted downturn experienced by operators in the sector.
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Naira devaluation would affect our profit margins – Flour Mills
The plan to source its raw materials locally helped reduce costs of maize sourcing per ton.
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MTN appoints Ralph Mupita as new Group CEO
Mupita will take over from Rob Shuter on September 1, 2020.
Read moreDetailsFlour Mills to issue bond within 2 months as it takes advantage of market rate
The move was aimed at taking advantage of low money market rates
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Unilever Overseas increases stake in Unilever Nigeria Plc
The acquisition of the additional shares adds substantially to its investment in the company.
Read moreDetailsHeineken scoops more Nigerian Breweries shares in insider disclosure
The company has about 8 billion shares outstanding with Heineken as the majority shareholder.
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