Nigeria

Leading consumer goods giant Unilever Nigeria expects pre-tax second quarter (three months to June 30 2010) earnings to more than double on a year-on-year (y-o-y) basis to NGN4.03bn... 2010-03-09

Nestlé's Nigerian subsidiary has posted a 16% year-on-year (y-o-y) increase in pre-tax earnings to NGN13.78bn (US$91.9mn) for the 12 months through to December 31 2009. With an annual... 2010-03-04

Nigeria continues to struggle with an influx of smuggled rice, which agrimoney.com reports accounts for over a half of the 1.6mn tonnes of rice imported into the country in 2009-10.... 2010-03-04

It looks to be business as usual for Nigeria's beer industry in 2010 with BMI's bullish outlook for headline value and volume sales underlining its position as arguably Africa's most... 2010-01-26

PepsiCo franchise bottler Seven-Up Bottling Company (SBC) has reported promising first half (to September 30 2009) earnings, particularly in turnover growth. Pre-tax income increased... 2010-01-12

Nestlé's Nigerian unit has reported a 24% year-on-year (y-o-y) increase in pre-tax profit to NGN10bn (US$65.8mn) over the nine months through to September 30 2009. A leading food... 2009-11-12

Cadbury Nigeria has extended the deadline for its NGN22bn (US$167mn) rights issue by one week to October 30 2009 after many of its shareholders failed to receive the circular. In... 2009-10-23