Manufacturing

Shareholders kick against SEC’s approval to buy Flour Mills’ minority stakes

THE proposed offer to buy out the minority shareholders of Flour Mills of Nigeria Plc - a move that...

Why Coca-Cola’s renewed $1bn investment faces setback – Presidency

THE Nigerian government has explained the reason why the renewed $1 billion investment by the Coca-Cola Hellenic Bottling Company...

Rising energy costs pushing cement price above Nigerians’ means – data

MOST Nigerians are struggling to cope with the rising cost of cement and may not be able to embark...

Heineken sells off 100% stake in Nigerian Champions Breweries

HEINEKEN International, a global beverage giant, has completed the sale of its 86.5 per cent shareholding stake in the...
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Guinness sells stake amid concerns of delisting from Nigeria’s stock market

GUINNESS Nigeria Plc has sold over 50 per cent of its stake to Tolaram Group amid fears that the...

International Breweries get N588.28bn rights issue approval amid financial losses

THE International Breweries Plc said it has gotten the approval of the Nigerian Securities and Exchange Commission to proceed...

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