Guinness declares N265bn revenue, PAT up 53% to N25.3bn
By Etop Ekanem Guinness Nigeria Plc has reaffirmed its confidence in the strength and future of its business, as the Company enters a new phase of growth underpinned by improved profitability, a significantly stronger balance sheet and continued investment in its brands, manufacturing capabilities and route to market. The company shared this outlook during its […]
OPEC oil output falls by 300,000 bpd in November
Despite recent improvements in crude oil trade at the International market, Nigeria, Angola, Iraq and other OPEC countries, recorded a fall in oil output by 300,000 barrels per day, bpd, in November.
Competition to heighten amongst tier-1 banks
Access Bank Plc, yesterday, announced its intention to upstage Zenith Bank and First Bank in the Tier-1 banks’ ranking to become the nation’s number one bank.
FG urges manufacturers to improve product quality, engage ICT
The Federal Government of Nigeria has urged local manufacturers to improve product quality and packaging, as well as engage Information and Communication Technology (ICT), to enable them to compete favorably in the global market.
NNPC’s Baru rushes back home to battle fuel queues
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kacalla Baru, Tuesday, cut short his trip to London, as concerns increased over the sudden fuel queues nationwide
Nigeria’s used-car market faces deep technological disruption
Technology is fast becoming a major influencer of the already thriving used-car market in Nigeria hence disrupting the entire value chain of auto business in the country. Nigeria spends an estimated 1.2 trillion Naira on importation of vehicles as recent statistics has shown.
