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Cadbury Nigeria unveils healthy lifestyle scheme to save at-risk children, families

Cadbury Nigeria 22

Leading fast consumer moving goods (FCMG) manufacturer, Cadbury Nigeria Plc, has announced the launch of a healthy lifestyle programme aimed at bringing nutrition education, active play and fresh foods to at-risk children and their families in the country. The new scheme will make the company join nine other countries in the Mondelez International family in the initiative, which will involve ...

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MAN cries out, says low purchasing power of Nigerians pushing up unsold goods inventory

Jacobs MAN Boss

The leadership of the Manufacturers Association of Nigeria (MAN) has opened up on the current challenge that is frustrating the sector since the exit of Nigeria from recession. Members of the group are now decrying the growing inability of Nigerians to buy their goods and services due to serious drop in their purchasing power. Otherwise, manufacturers decry that they were ...

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Unilever hits 90% local sourcing of packaging materials, targets 100% by 2019

unilever logo

Backward integration in the local production of products packaging materials by leading Fast Consumer Moving Goods (FCMG), Unilever Plc., has risen to 90 per cent and is set to hit 100 per cent by the end of 2019. Explaining more on the feat, the Procurement Director, Unilever West Africa, Thomas Mwanza said “Under its ‘Partner to Win’initiaive, Unilever will be ...

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Unilever grosses impressive 2017 full year on superlative Q4 performance

unilever logo

The recently released 2017 results of the leading fast moving consumer goods (FMCG) manufacturers, Unilever Plc., have indicated strong footing on the Nigerian market even in the face of economic challenges faced by the nation last year. The full year revenue (+30% y/y), EBITDA (+107% y/y), and net profit (+143%) of NGN90.77 billion, NGN17.28 billion, and NGN7.45 billion beat consensus ...

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Yielding bee species in Africa reside in Nigeria due to favourable climate, but…—Abbas

Indications have emerged showing that Nigeria has a clear comparative advantage over the rest of Africa in the production and export of honey. This is based on the fact that research has shown that Nigeria has the potential to produce 20 million litres of honey annually from the current two million. Explaining more on why Nigeria should step up investments ...

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Okebugwu explains how to set up LPG Skid plant to serve a target city, community

Sargas Skid Plant

Chief executive officer of Sargas Energy Limited, Mr. Okebugwu Ikechukwu Williams, has explained cheap and sustainable ways of investing in retail marketing of Liquefied Petroleum Gas (LPG) in any part of Nigeria. It would be recalled that Nigeria is among the nations with the highest reserve of LPG across the world and the lead in Africa, but over 90 per ...

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Real sector easing out of recession as March PMI increases to 56.7 per cent

Jacobs MAN Boss

The cries by the oragnised private sector that even though the nation has exited recession, the manufacturing sector is still held by the scourge is fading away gradually as March 2018 Purchasing Managers’ Index (PMI) data show sustained improvement in manufacturing and non-manufacturing activities during the month. The PMI is an indicator of the economic health of the manufacturing sector. ...

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Ignore trending video on social media over Blue Band spread, CPC tells Nigerians

CPC logo

The leadership of the Consumer Protection Council (CPC) has advised Nigerians to ignore the viral video trying to suggest that Unilever’s Blue Band Spread is not safe. The CPC in a statement averred that the products inability to melt under heat does not make it or any other spread unsafe for consumption. In a statement, the federal agency observed that ...

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Africa leads in global slum dwellers with 55.9%, Asia follows with 27.9%—UN Report

Lagos slum residents

Latest revelation from the United Nations Habitat 2017 Report has shown that one in eight people or about one billion people live in slums across the world. Speaking on the report in relation to how it affects Ghana at the launch of clean cook stove project in Accra, the Executive Director of the People’s Dialogue, Ghana (PDG), Mr Farouk Braimah, ...

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Chinese illegal miners’ exploiting resources without licences, due process in Africa

China Africa relations

There is now a growing concern about what African countries may be getting in return of barrage of cheap loans and grants from China. At a time governments in Africa is focusing on amassing almost free monies from China for development or political affairs, others say there are fears of gradual infiltration of illicit businesses that run contrary to leading ...

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