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Manufacturing

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...
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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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About 60% manufacturers stopped production in northeast over insecurity-MAN DG

THE Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, said about 56-60 per cent of its registered...
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Nascon suspends proposed merger deal with Dangote

NASCON Allied Industries Plc said it had put on hold the proposed merger deal with Dangote Sugar Refinery Plc...
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Energy costs, borrowing funds challenged cement production in Nigeria – Economist

HIGH energy costs, cost of borrowing, naira depreciation, and logistics were some of the challenges that manufacturing companies face...
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