Category: Brand & Industry

Manufacturing sector grow by 0.14 percent in 2017 Q4 as against the corresponding quarter in 2016 -MAN

  Lagos: The Manufacturers Association of Nigerian (MAN) in her executive summary of second half reports of 2017 released showed that the manufacturing sector output grew by 0.14 percent in the fourth quarter of 2017  up from -2.54 percent recorded in the corresponding quarter of 2016;  thereby by indicating 2.68  percentage point increase  over the …

BUA Group test run new line of cement plant before commission at Sokoto

 on BUA Group to commission new line at Sokoto Cement plant…….BUA plans additional expansion of production very close to the present production siteLagos: BUA Group’s Sokoto Cement plant in the northwest of Nigeria is almost ready to commission a new 1.5Mt/yr cement production line at today June 23rd 2018 the plant on test productions to…

AMCON Restructures; Seeks Speedy Disposals Strategies Of Assets

L-R: Mr. Aliyu Abubakar Kalgo, Head, Asset Sales, Asset Management Corporation of Nigeria (AMCON); Executive Directors of AMCON, Dr. Eberechukwu Uneze and Mr. Aminu Ismail; Osy Chijioke Kamalu, Principal Partner, Osy Kamalu & Associates; Mr. Joshua Ikioda, Group Head, Resolution, AMCON and Mr. Chuka Agbo SAN, Managing Partner, Lexavier Partners at the just concluded 2-day…

CAP’s shareholders approve N2.05 per share as dividend

The Chemical and Allied Products (CAP) Plc’ shareholders unanimously approved the payment of a dividend per share of N2.05 to shareholders as return for the 2017 business year.   At the annual general meeting at Golden Tulip, Festac, Lagos, Shareholders of the company, yesterday approved distribution of N1.435 billion as cash dividend for the 2017…

FarePay Crowned King of Utility Payment Cards

 FarePay, the largest implementation of Bank contactless cards for bus transit in Africa recently won the award for ‘card with the most utility relevance for the cardholder’ at the Digital Pay Expo Awards which held at Eko Hotel & Suites, Lagos. The smart payment solution introduced by Nigeria’s leading commercial bank, Sterling Bank Plc, according…