Companies

Nigeria Berger Paints confirms workers’ resumption two weeks after protest

The management of Berger Paints Nigeria Plc has confirmed that the strike action embarked on by the unionized staff over…

Naira floatation, cost cut-back boost Okomu Oil revenues by 47%

The technical devaluation of naira by Central Bank of Nigeria, which increased demand for local crude palm oil (CPO) and…

Ford recalls 15,600 cars in South Africa over fire risk

Ford Motor Co is recalling nearly 16,000 Ikon and Figo models in South Africa due to a potential fire risk,…

Africa’s richest man may quit Ethiopia over mining dispute

Dangote Cement Plc, controlled by Africa’s richest man, Aliko Dangote, said it may shut its operations in Ethiopia if authorities…

Nigeria Breweries deepens cost efficiency, to source 60% raw materials locally

Federal Government’s backward integration policy appears to be taking root as Nigeria’s brewing giant, Nigerian Breweries (NB Plc.), is set…

McDonald’s ends Olympics sponsorship deal after 41 years

McDonald's deal would have run through the Tokyo Olympics in 2020, and bowing out will likely to save it hundreds…