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Layoffs Hit as Nigerian Breweries Plc Moves to Shut down Two Plants
Nigerian Breweries, one of the biggest beer manufacturers, announced on Tuesday in its recent note to the Nigerian Exchange Limited that it will proceed to restructure its entire business in response ...
Federal Government Insists on Reviewing Electricity Tariffs in 2024
On Monday, the Federal Government announced that it is reviewing the implementation process for a cost-reflective electricity tariff. Still, it stated plans to continue subsidizing power supply for vu...
Nigerian Breweries Plc Shareholders Finally Approve the Acquisition of an 80% Stake in Distell
Nigerian Breweries Plc Shareholders have approved the firm's acquisition of an 80% stake in Distell Wines and Spirits Nigeria Limited (Distell Nigeria) and the import business of Heineken Beverages (H...
FG Partners With Sun Africa for Solar PV Deal Worth $2.2 Billion
The Ministry of Power has disclosed that the federal government has sealed a contract worth $2.2 billion for a solar PV deal with Sun Africa. This development was announced by the Minister of Power, B...
What You Need to Know About the CBN Trade Monitoring System
The CBN Trade Portal, also known as Trade Monitoring System, is a portal that hosts trade forms (Forms NXP, A, and NCX). And helps in exchanging data between stakeholders in the trade chain. To get st...