Nigerian Breweries Plc, the first and foremost brewer in Nigeria, has reiterated commitment to sustaining its position as the leading beverage company in Nigeria. Managing Director of the company, Nicolaas Vervelde stated this at a pre-Annual General Meeting, AGM interaction with financial journalists in Lagos on Thursday. Vervelde explained that favourable demography, growing middle class…
Year: 2016
Pictures From Tosyn Bucknor’s Wedding In France
Over the weekend, a top radio presenter in Lagos, Tosyn Bucknor had her white wedding ceremony in France. The event precisely took place in the quaint island of Corsica, France and it was attended by family members and friends of the newlywed. This was after the lovers had their traditional wedding in Lagos in 2015,…
Metuh: Judge Shifts Trial For ‘Going Blind’
The trial of spokesman of the Peoples Democratic Party, PDP, was adjourned on Monday after Justice Ishaq Bello of FCT High Court in Abuja, said he could no longer see clearly. He informed counsels of both the prosecution and defence that he was seeing shadows and that he could no longer go on with the…
Wike Insists Rivers Safe For Investments
Rivers State Governor, Nyesom Ezenwo Wike has declared that the success story of the Indorama Eleme Fertiliser and Chemicals Limited which is the largest urea fertiliser company in the world is a clear testimony that the state is a safe haven for multi-billion dollars investments. Speaking at the Indorama Eleme and Chemicals Limited on Monday…
Elumelu, Adesina, Graca Machel To Co-Chair World Economic Forum In Kigali
Leading African businessman and philanthropist Tony O. Elumelu; Akin Adesina, President of the African Development Bank; Graca Machel, former first lady of Mozambique and widow of Nelson Mandela; Phillipe le Houerou, CEO of the International Finance Corporation and Tarek Sultan Al Esso, CEO and Vice Chairman of the Board Agility have been slated to co-chair…
Nigerian Breweries Expresses Confidence In Economy
Nigerian Breweries Plc, the pioneer and largest brewing company in Nigeria, has reaffirmed its commitment to backward integration substitution of imported raw and packaging materials with local alternatives. According to the company, not fewer than 250,000 new jobs have been created through its investment in the Sorghum and Cassava value chain. Speaking to Financial Journalists…
7 Reasons Nigerians Are Obsessed With Suya
There is no denying that a trip to Nigeria is not complete without a taste of Suya. The long thin cut of beef, marinated in delicious spices and grilled over red-hot coals, has over the years become one of the favourite street foods consumed by locals in the country. You can hardly go three miles…
Concerns Heighten Over Just-Concluded Delta PDP LGA Congress
The Peoples Democratic Party, PDP, in Delta State appears to be in top gear preparing for the next batch of elections. According to Zion Nationale, an independent newspaper and credible public opinion analyst on Delta state community matters and political affairs, “the PDP seems prepared to face modern democratic realities of credible elections given its…
Agbaje, GTBank Lead African Banker Nominations
Chief Executive Officer and Managing Director of Guaranty Trust Bank, GTBank, Segun Agbaje, has been nominated for the biggest individual accolade in the forthcoming African Banker Awards. He is nominated for the Banker of the Year. Agbaje will be contesting the accolade alongside banking executives from Egypt, Kenya, Mozambique and Tanzania. His bank, GTBank, also…
Lagos Gets N101bn In Q1 2016, N4.85bn Extra Proceeds
The Lagos State Government says it generated a total revenue of N101.69bn in the first quarter of 2016 out of which a surplus of N4.85bn was realized as against an expected N29.92bn deficit. This information was disclosed on Monday by the State’s Commissioner for Economic Planning and Budget, Akinyemi Ashade, at the ongoing Ministerial Press…