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Nigerian Breweries Plc

MTN appoints ex-minister, ex-revenue chief, ex-NBA president as board members

Telecommunications firm, MTN, has notified the Nigeria Stock Exchange of a substantial change in its board structure. Pioneer board chair, Pascal Dozie, is stepping down along with five other directors.

Tax Appeal Tribunal: Gratuities not taxable

The Tax Appeal Tribunal, South East Zone, has declared that gratuities payable to pensioners are tax exempted under the Personal Income Tax Act (PITA).

Life beer begins search for 2019 Highlife Music King

Life Continental Lager Beer, a brand from the stable of Nigerian Breweries Plc, has started the search for the 2019 Highlife Music King.
Zainab Ahmed

FG to review alcohol taxes after companies struggle to make profit

The federal government says it is carrying out a review of the excise duties imposed on wines and spirits.
Nigerian Stock Exchange NSE

Equities market declines further as investors ignore companies’ results

The Nigerian equities market witnessed further decline yesterday as investors appeared to be ignoring the 2018 financial results of companies.
Nigerian Stock Exchange NSE

Stock investors suffer N196 billion losses amid sell-off

Investors in the nation’s stock market lost N196bn on Monday as equities listed on the Nigerian Stock Exchange declined following the sudden postponement of the general elections.
A motorcyclist rides past a campaign poster for Nigeria’s incumbent president and candidate to his re-election for the ruling All Progressives Congress (APC) President Muhammadu Buhari, and Vice-President Yemi Osinbajo, at Ilupeju in Lagos, on January 4, 2019. PHOTO: PIUS UTOMI EKPEI / AFP

Nigeria misses out on emerging-market rally as vote nears

Emerging-market assets may be enjoying a strong start to the year, but one country missing out on the rally is Nigeria.

Lottery: NLRC moves to recover N326 million revenue from defaulting firm

National Lottery Regulatory Commission, NLRC, has commenced moves to recover N326 million revenue into the coffers of Federal Government from one of the brewery firms over promotional lottery, described as “illegal.”
The Jigawa Command of the Federal Road Safety Corps (FRSC) is to depoy 285 of its staff to ensure free flow of traffic and carry out rescue operations in the state during the Eid-El-Kabir break.

Nigerian Breweries, FRSC partner to curb drunk driving

Nigerian Breweries Plc and the Federal Road Safety Corps are collaborating to curb drunk driving among commercial drivers during and after the festive period.
Nigeria Stock Exchange

NSE All-Share Index falls 0.79% on lingering negative sentiments

The Nigeria bourse remained on the downbeat as negative sentiments lingers. At the close of trading Wednesday, the Nigerian Stock Exchange (NSE) All-Share Index shed 0.79 per cent to close lower 32,454.03. Similarly, market capitalisation lost N94.1 billion to close at N11.9 trillion.
Stanbic IBTC

Stanbic IBTC wins African Banking Awards

Stanbic IBTC has announced that it recently won four awards in different categories in the 2018 Emeafinance African Banking awards.

Court strikes out N9.8 million fraud case against bizman

A case of N9.8 million fraud preferred against a businessman, Abayomi Arodu, has been struck out by an Ikeja Magistrate Court presided over by Mrs T. Akanni.

Governor Obaseki charges companies on impactful CRS projects

Governor of Edo State, Mr Godwin Obaseki, has called on companies in Edo State to ensure that their Corporate Social Responsibility (CSR) projects impact on the lives of Edo people, noting that improvement of livelihoods should be at the heart of such projects.

Nigerian Breweries signs 5-year deal to support Nigerian Football

The Nigeria Football Federation and Nigerian Breweries Plc on Friday exchanged an agreement that both parties happily called ‘a minimum five–year contract’ – a bold statement that the relationship would last much longer.

‎Equities market close January red by 0.34%

The Nigerian Equities market marked the last trading session of the month of January with a loss of 0.34 percent to peg the YTD at 15.95 percent.

The killing of 40 and more companies

LEVER BROTHERS NIGERIA PLC, the longest surviving manufacturing outfit in Nigeria has seen the best as well as worst in Nigeria’s economy over the last 74 years.

Governor El-Rufai lauds coy for complementing govt’s effort on health

Governor Nasir el-Rufai of Kaduna State,through his Commissioner for Health, Dr. Paul Manyan Dogo, has commended the Nigerian Breweries Plc for contributing to the health need of people resident in the state by way of donations of medical facilities.

Nigerian Breweries appoints new managing director

Nigerian Breweries Plc has announced the appointment of Jordi Borrut Bel as the company’s Managing Director/CEO.

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Sinatu Aderoju Ojikutu

US visa restriction against Nigerians, commendable – Ex-Lagos deputy governor

A former Lagos State Deputy Governor, Alhaja Sinatu Ojikutu, has said American President Donald Trump deserves commendation for extending his visa restriction policy to Nigeria.
Magnus Abe

Senator Abe: Leadership without sacrifice is meaningless

Immediate past representative of the Rivers South-East Senatorial District at the National Assembly, Senator Magnus Ngei Abe, has declared that leadership without sacrifice is meaningless.
The Federal Government is committed to providing an enabling environment for businesses to succeed, as partnerships between the public and private sectors remain the most viable means of bringing prosperity to the masses.

President Buhari: Boko Haram continuous existence surprising

President Muhammadu Buhari says “harder times’’ await bandits whose disruptive activities have brought sorrow to Nigerians, kept many away from their means of livelihood, and heightened insecurity in parts of the country.

PDP wins Imo rerun

The Independent National Electoral Commission has declared Jerry Alagbaoso of the Peoples Democratic Party the winner of the supplementary election held on Saturday in Orlu/Orsu/Oru East Federal Constituency in Imo State.
The Centers for Disease Control and Prevention is expanding its enhanced health screening to 20 airports as part of its efforts to identify people with the new coronavirus who are traveling into the United States, the agency said.

US expands health screenings for coronavirus to 20 airports

The Centers for Disease Control and Prevention is expanding its enhanced health screening to 20 airports as part of its efforts to identify people with the new coronavirus who are traveling into the United States, the agency said in a press conference today.