Manufacturing
Nigerian Breweries Q1’22 revenue in at respectable N137.8bn despite challenges
BY CHARLES ABUEDE Nigerian Breweries (NB) Plc has reported a N137.8 billion first quarter 2022 revenue, representing a respectable 30.4…
Nigeria’s BoI lends N779.3bn, posts N53.4bn profit in 2021
BY CHARLES ABUEDE A slight drop in total assets to N1.71 trillion appears not to have stopped Nigeria’s Bank of…
Nigeria’s agriculture, manufacturing sectors face Q2 setbacks, says LCCI
BY ONOME AMUGE The Lagos Chamber of Commerce and Industry (LCCI) has projected that the ongoing Russia-Ukraine war will trigger…
Indorama’s $3bn expansion puts Nigeria among Africa’s largest petrochem hubs
BY: Maduabuchi Efegadi Indorama Eleme Petrochemicals Limited’s (IEPL) planned $3 billion expansion of its multi-billion-dollar petrochemicals plant at Eleme near…
Manufacturers, industries under threat as diesel seen at N1000/ltr
BY: Dikachi Elemba, in Owerri. The Imo and Abia branch of the Manufacturers Association of Nigeria (MAN) says that manufacturers…
Nestlé’s robust N351.8bn revenue snagged by elevated finance cost
BY: CHARLES ABUEDE Nestle Nigeria, a leading non-alcoholic beverage manufacturer, has seen its robust performance marred by 200 percent elevated…
