Dangote Sugar, NASCON, Dangote Rice merger suspended
Africa’s wealthiest individual, Aliko Dangote, has put on hold his plans to merge his sugar, salt, and rice companies into a single entity to...
Dangote slashes diesel price to N1,000/litre
Dangote Refinery has announced a reduction in the price of diesel from N1,200 to N1,000 per litre, the company said in a statement on...
Nigerian Breweries to shut down two plants
Nigerian Breweries announced on Tuesday its plans for a comprehensive restructuring of its operations in response to significant financial and operational challenges. The beer-maker...
Dangote, MTN, others lose N1.7tn to naira depreciation
In 2023, Dangote Group, Nestle Nigeria, MTN Nigeria, and four other leading Nigerian companies faced a combined loss of N1.7 trillion due to the...
Reps orders ‘Made In Nigeria’ inscription on locally produced goods
The House of Representatives has urged the Federal Ministry of Industry, Trade and Investments to mandate companies to inscribe “Made in Nigeria” on all...
Nigerian Breweries increases prices of beer again
Nigerian Breweries Plc has announced a second increase in the prices of its products, following an earlier price adjustment in February.
This latest update was...
Dangote Cement Plc wins 2023 NatureNews Environmental Sustainability Award
Dangote Cement Plc was honored as the recipient of the prestigious 2023 NatureNews Environmental Sustainability Award.
The recognition was bestowed upon the company during the...
Beer is now unaffordable for many Nigerians – NB CEO
Hans Essaadi, the Chief Executive Officer of Nigerian Breweries Plc, has highlighted the severe impact of Nigeria's worsening economic conditions on the beer market,...
Cement price hits N9500 in retail outlets across Lagos
The price of a 50 kg bag of cement has soared to around N9500 in many retail outlets in Lagos, further exacerbating the effects...
Master bakers threaten shutdown, to begin nationwide strike February 27
The Association of Master Bakers and Caterers of Nigeria has said it would withdraw its service nationwide from February 27, should the Federal government...
