Dana Steel Nigeria Commissions N5.4 Billion Billets Plant
November 20, 2009 by Bunmi Awolusi · Comments Off
Mr. Jacky Hathiramani
Dana Steel Limited, the core investor in the Katsina Steel Rolling Company, has recorded a milestone in its privatization Post Acquisition Plan (PAP) with the commissioning of its new 180,000 metric tons billets manufacturing plant. The N5.4 Billion Plant (Steel Melt Shop) is a major step in the company’s backward integration strategy and is sure to boost the operations of the Steel Mill significantly. Read more
Vitafoam Launches More Products, Opens Ogudu, Allen Centres
June 19, 2009 by Bunmi Awolusi · Comments
L-R – Mr. Bashir Adetonmiwa Lasisi, Director & Representative of the Chairman, Vitafoam Nigeria Plc, flanked by Dr. Dele Makanjuola, Managing Director, Vitafoam Nigeria Plc, (R), Mr. Peter Folikwe, Sales & Marketing Director, Vitafoam, (L), and Mrs. Bisi Akindiji, Operator, Vitafoam Comfort Centre (3L), during the Showcasing of Vitafoam lifestyle products at the new Vitafoam Comfort Centre, Allen Avenue, Lagos on Thursday, June 18, 2009. --
As part of its efforts to reinforce its leadership position in the foam and allied products sub-sector of the Nigerian market, Vitafoam Nigeria Plc, has introduced its exclusive range of foam products. The products which are designed to give extra cushioning effect to the body are truly one of its kind. Read more
PZ Cussons Nigeria Harps on Quality
February 6, 2009 by Bunmi Awolusi · Comments Off
The Senior Marketing Manager, Nigerian Brands, PZ Cussons Nigeria Plc, Mrs. Titilola Offor, has said product availability and adherence to standards are efficient strategies to improve a company’s turnover and profitability.
Nigeria: BAGCO Bags NSE Merit Award
November 21, 2008 by Bunmi Awolusi · Comments Off
Nigerian Bag Manufacturing Company Plc (BAGCO), was adjudged the best company for 2007 financial year in the printing, publishing and packaging sector by the Nigerian Stock Exchange.
The company received the accolade and award at a ceremony organised by the Nigerian Stock Exchange recently.
Nigeria: Tower Aluminium Introduces New Appliances
November 7, 2008 by Bunmi Awolusi · Comments Off
As part of its aim of fitting the Nigerian market with latest home appliances, Tower Aluminium Nigeria Plc, a leading manufacturer of home appliances in Nigeria, has launched a new set of electrical appliances for its teeming customers.
Nigeria: Lafarge WAPCO Turnover Hits N29.3bn
November 5, 2008 by Bunmi Awolusi · Comments Off
Lafarge West African Cement Company Plc (WAPCO), has announced a 9% increase of its turnover from N31.9bn in September 2007 to N29.3bn in September 2008 financial records.
According to a statement by the company, the profit after tax had a leap by 2.8% from N8.78bn to N9.02bn while the operating profit moved by 0.4% from N8.64 billion to N8.67 billion in the period under review.
Unilever Impresses Imo Women Through Omo Campaign
October 13, 2008 by Bunmi Awolusi · Comments Off
The on-going nationwide Omo campaign of Unilever Nigeria Plc, aroused the interest of the Imo state women as they witnessed the impact of omo multi-active detergent on dificult stains and healthy living last week.
At the open campaign demonstration, women were shown the impact of omo on the toughest stains on wears and how 1 kilogram pack of omo multi-action can wash 2500 socks clean. Read more
Dulux Paints Splashes Customers with Prizes
October 3, 2008 by Bunmi Awolusi · Comments Off
Dulux Paint’s ‘Dulux Gift Splash Promo Raffle Draw’ by CAP Plc, which held between June and July 2008, recently rewarded its lucky customers accross Nigeria, with categories of prizes including a return ticket to Dubai.
Prizes won at the draw are DVD Players, Refrigerators, Gas cookers, a return ticket to Dubai and other consolation prizes. Read more
DN Meyer Plc Holds West Region Dealers’ Forum
September 8, 2008 by Bunmi Awolusi · Comments Off
DN Meyer Plc, manufacturer and marketer of premium paints, pvc floor tiles and adhesives has held its West Region Forum at Development Support Centre, Ibadan on the 9th August, 2008.
The Dealers’ Fora are held regionally to create opportunities for interaction of the Dealers with Officials of the company. Already arrangement for the fora in the other two regions of the North and the East has been completed.
Nigeria: Bagco Turns out N11.8bn
September 5, 2008 by Bunmi Awolusi · Comments Off
Bagco Manufacturing Company Plc, has turned out a turnover of N11.8 billion, showing a 7% increase as at the last financial year ended March 31, 2008 by as against the N11 billion posted in the previous year.
However, profit before tax of the company fell by 24% showing N920.1 million over the N1.2 billion of the year before while the profit after tax dropped to N303 million from the N1.2 billion of the year under review.
