Nestle Nigeria appoints Gbenga Oyebode as Board Chairman
Nestle Nigeria has notified the investing public of the appointment of Mr Gbenga Oyebode as the new Chairman of its Board of Directors. The appointment follows the retirement of Mr David Ifezulike as the Chairman of the Board of the company with effect from May 18, 2023. Oyebode is a […]
Nigerian Breweries Plc to acquire 80% shareholding in Distell Wines and Spirits Nigeria Limited
Nigerian Breweries Plc has notified the Nigerian Exchange and the investing public that at a specially convened meeting of the Board of Directors of the Company held on 30th May 2023, the Board was presented with an offer from Heineken Beverages (Holdings) Limited of South Africa, for Nigerian Breweries to[…]
NNPC releases new fuel price across states
The Nigerian National Petroleum Company Limited (NNPC) has adjusted the pump price of petrol to between N488 and N557 nationwide. In a press statement published by NNPC Limited, the oil firm stated thus: “NNPC Limited wishes to inform our esteemed customers that we have adjusted our pump prices of PMS[…]
Nigerian Market Gains N17bn as NGXASI rises marginally by 0.06%
The Nigerian stocks market on Wednesday closed higher as the All Share Index rose by 0.06% to settle at 53,086.46 points from the previous close of 52,908.24 points. The Market Capitalisation was up by 0.35% to close at N55.769 trillion from the previous close of N55.738 trillion, thereby gaining N17[…]