Nigerian Breweries sets up retail labs to boost earnings amid rising competition

NIGERIA – Nigerian Breweries Plc has reported a decline is net revenue by 0.4% from N324 billion (US$887.2m) in 2018 to N323 billion (US$884.5) in 2019 for the full year. Profit before tax fell by […]

Nigeria’s ranking in AT Kearney’s global retail index for developing country drops

NIGERIA – Nigeria’s ranking in the global retail development index dropped in 2019. A report by global research firm, AT Kearney, showed that the country moved three steps downward from the 27th position recorded in […]

Shoprite to partner with NEPC in bid to boost Nigerian export

NIGERIA – The Nigerian Export Promotion Council (NEPC) has unveiled that it will be partnering with Africa’s leading retailer, Shoprite, as the council seeks to boost Nigerian exports. The Executive Director/Chief Executive Officer of Nigerian […]