▪︎Mr Hans ESSAADI, Managing Director/CEO DESPITE the N51.3 billion spent on advertising and sales promotion by the Nigerian Breweries Plc, the giant brewer reported a N106.3 billion loses for the financial year ended December 2023. Based on this, the Company’s Board of Directors has notified its shareholders that it did not recommend any dividend for…
Arrays of alcoholic sachets drinks in Nigeria
President Macky Sall of Senegal will tomorrow, decorates Alhaji Aliko Dangote, President and Chief Executive Officer of Dangote Group, with the award of the National Order of the Lion. Industrialtimesngr.com learned that the award is the highest order of Senegal and will be bestowed on the foremost businessman on February 2, 2024. Based on this,…
Innoson Kiara Academy has trained and graduated over 200 youth in automotive diagnostics training, as parts of its contribution towards the industry’s manpower development. Established in partnership with the renowned German Auto Company, BOSCH, Innoson Kiara Academy is a Technical and Vocational institution at Innoson Vehicle Manufacturing (IVM). Chief Dr. Innocent Chukwuma, CEO of Innoson…
▪︎Ernest Ndukwe, Chairman of MTN Nigeria MTN Nigeria Communications Plc has moved a step forward in its carbon emissions target having reduced its total energy consumption in 2022 financial year ended, by 254,161.51 gigajoules. ” This represents a 21.6% reduction in energy consumption compared to 1,176,233.90 GJ in2021,” said Ernest Ndukwe, the company’s Chairman. Ndukwe,…
▪︎Executive Secretary of NSDC, Mr. Kamar Bakrin The National Sugar Development Council (NSDC), and the Nigeria Investment Promotion Commission (NIPC) are Collaborating to drive in $3 billion investments into the sugar industry, under the National Sugar Masterplan (NSMP) Phase II (2023-2033). This was the outcome of an investment meeting between the Executive Secretary of NSDC,…
” I have instructed my lawyers to immediately commence legal process to clear my name from the defamatory statements contained in the report headlined “Re: EMEFIELE , OTHERS STOLE BILLIONS, ILLEGALLY KEPT NIGERIA’S FUNDS IN FOREIGN BANKS“, and by extension the publications.” That’s Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN)…
▪︎ Acting Managing Director, Moniepoint Microfinance Bank, Babatunde Olofin. Moniepoint Microfinance Bank has launched its latest initiative, “the Moniepoint Personal Banking Refer and Earn” programme. In a statement, the Managing Director, Moniepoint MfB, Babatunde Olofin, said that this exciting referral programme is designed to reward Business Owners and Moniepoint agents who can earn up to…
▪︎Segun Ajayi-Kadir , MAN DG The Manufacturers Association of Nigeria says that to stop the drain on manufacturers in Nigeria, the binding constraints should be addressed, something in the form of a manufacturing summit. ” To address the challenges faced by manufacturers in Nigeria, we need to be intentional about improving the gains of manufacturing…
By Franklin Ocheneyi GREEN manufacturing is gradually taking shapes in Nigeria as newly built industries are being powered by natural gas and through solar energy. Checks by Industrialtimesngr, shows that some ongoing industrial parks in Lagos, Ogun, Oyo , Aba and Rivers are running on renewable energies rather than the conventional fossil fuels like petroleum…
