Guinness Nigeria Plc (GUINNESS), the west African nation’s second-largest brewer, is expanding its offering of lower-priced beers to arrest sliding profit amid a slowdown in consumer spending in Africa’s biggest economy. The unit of London-based Diageo Plc (DGE) has started sales of the new Dubic lager brand, which costs less […]

The Group Managing Director and Chief Executive Officer, United Bank for Africa Plc, Mr. Phillip Oduoza, has advised investors from developed economies, who are desirous of taking advantage of business and investment opportunities in Africa, to seek credible local partners in order to succeed.  A statement by the bank on […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Breweries Plc on Friday said it’s seeking Securities & Exchange Commission’s (SEC’s) approval on its proposed scheme of merger with Consolidated Breweries Plc. The beer maker in a letter signed by Uaboi G. Agbebaku, company secretary/legal adviser with reference number CS/LA.105/14/201 dated May 09, […]