Business

Guinness declares N265bn revenue, PAT up 53% to N25.3bn

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 […]
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Cocoa beverage: Consumers’ poor purchasing power  move manufacturers to refocus

Cocoa beverage: Consumers’ poor purchasing power move manufacturers to refocus

MANUFACTURERS of cocoa beverages appeared to be hard pressed to refocus their route to market strategies in the face of growing uncertainty of consumers’ loyalty. Rising prices of the products, inflationary pressure on consumers’ purchasing power as well as increasing demand for value in brand promises may have moved manufacturers in this direction.

Fero mobile launches Fero X2

Fero mobile launches Fero X2

Fero mobile has launched the Royale X2 Smart phone device in the Nigerian Market. The  product is a high end smart phone that runs on android nougat 7.0 operating system.

Coollink.ng, partner Konnect Africa, to launch Asta satellite service into Nigeria

Coollink.ng, partner Konnect Africa, to launch Asta satellite service into Nigeria

COOLINK.ng, a member of Steam Broadcasting and Communications Limited, a Nigerian Internet Service Provider, ISP and system integrator company in partnership with Konnect Africa has launched a new service that will deliver satellite broadband internet to Nigerians, dubbed Asta. The name Asta, means “Star” in Danish.