Consumer Goods
Food Processing, Household Goods and general consumer sector news
Honeywell Flour Mills posts profit growth of 73.1% in full year 2020
Honeywell Flour Mills reported a profit after tax of N1.13 billion in its 2020 audited full-year financial result, which ended...
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Majority of Nestle’s food portfolio is unhealthy, report says
Nestle acknowledged that more than 60% of its food and drinks products do not meet a “recognized definition of health.”
Read moreDetailsGlaxoSmithKline Plc appoints Amina Salihu as Director
The Board of Directors of GlaxoSmithKline Plc (GSK) has announced the appointment of Dr Amina Salihu into its Board, as...
Read moreDetailsFlour Mills of Nigeria expands its sugar backward integration program, acquires 20,450 hectares of land in Nasarawa.
Flour Mills of Nigeria has acquired 20,450 hectares of land in Umaisha Development Area of Toto Local Government Area in...
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Traders lament low sales as prices of flour, pepper, others surge
Nigerians have been hit with a further hike in the prices of food items such as flour, groundnut oil, pepper,...
Read moreDetails2020 FY Results: Honeywell Flour Mills Plc reports a 73.1% increase in profit to N1.13 billion.
Honeywell Flour Mills Plc has released its full-year results for the year ended 31st March, 2021. Revenue for the period...
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US to fund research on Garri production in West Africa
U.S. Department of Agriculture and the American Soybean Association are supporting West African researchers to commercialize using soy flour in...
Read moreDetails2021 Q1 Results: Meyer Plc reports a 123% increase in profit to N5.7 million.
Meyer Plc released its unaudited results for the first quarter of the year (Q1, 2021). Revenue for the period was...
Read moreDetailsUnilever Nigeria Plc ratifies separation of tea business.
The Board of Directors of Unilever Nigeria Plc has approved the steps required to implement the separation of the Tea...
Read moreDetailsNigeria Breweries Plc appoints Hans Essaadi as new MD/CEO.
The Board of the Nigerian Breweries Plc has announced the appointment of Mr Hans Essaadi as its new Managing Director/CEO...
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