Nigerian Breweries Plc (NBPLC) hereby informs the Nigerian Exchange Limited and the investing public of the following changes in the Board of Directors. Mr. Jordi Borrut Bel, the brewer’s current …
Manufacturing & Consumer Goods
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Manufacturing & Consumer GoodsPress Releases
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Manufacturing & Consumer GoodsPress ReleasesTechnology
TECNO announces the Renowned Actor Chris Evans as its brand ambassador
The signing of Chris Evans has intensified TECNO’s globalization strategy, allowing them to break into emerging markets around the world to become a leader in those areas. TECNO, a global …
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The management of The Waterfront Mall in Karen has denied that the property and the 50 acres of land it is sitting on are up for sale. The move comes …
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Manufacturing & Consumer GoodsSouthern AfricaSponsored
Persianas to take over Shoprite’s Nigerian business
Persianas, a Nigerian property group, to buy Shoprite’s Nigeria business at the end of its bidding process. According to Reuters the Nigerian property group Persianas will begin operation once the …
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Business PoliciesManufacturing & Consumer Goods
China fines Alibaba record $2.8 billion after monopoly probe
China has fined Alibaba Group a report of $2.8 billion after an investigation discovered it abused market dominance. The probe is a part of a marketing campaign to curb China’s …
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Manufacturing & Consumer GoodsSouthern Africa
South Africa’s retail group loses R4 billion in sales owing to the ban on alcohol and tobacco
South African retail Group, Pick n Pay stated on Thursday that its turnover was significantly affected by the ban on the sale of alcohol and other products for the better …
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South Korea’s biggest company posted an operating income of 9.3 trillion won ($8.3 billion) for the three months ended March. Samsung Electronics Co.’s profit for the first quarter rose 44% …
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AfricaManufacturing & Consumer GoodsNestleWestern Africa
Nestle Nigeria plc to train journalist in Lagos on nutrition and climate
Nestle an FMCG company that specialises in food and drink processing has reaffirmed its commitment to training Journalists in Lagos, especially those on the Nutrition, Climate and Environment beats. The …
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BusinessEastern AfricaManufacturing & Consumer Goods
Kitui Flour Mills eyes EAC market in expansion plan
Kitui Flour Mills is banking on strong distribution capabilities in its next phase of growth as it looks to expand its presence in the East Africa market. The ‘Unga wa …
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BusinessManufacturing & Consumer GoodsSouthern Africa
Exeo Capital buys stake in Wellness Warehouse holding company
Pan-African alternative investment firm, Exeo Capital, has announced an investment into Maia Group through the firm’s food and agribusiness fund, Agri-Vie Fund II. The Maia Group, established by Simon Alston …