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NIGERIA: Sunti unveils latest production plans

18th May 2020

Tags: Production, News excerpt

Countries: Nigeria

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NIGERIA: BUA Foods announces higher dividend payment to shareholders

12th April 2024

BUA Foods has announced a total dividend payment of NGN99 billion (US$79.7 million) to shareholders in the financial year ending December 2023, equivalent to NGN5.5 (US$0.0040) per share, according to Naira Metrics.

Tags: Corporate, Finance, News excerpt

Countries: Nigeria

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NIGERIA: Business research organisation says rise in sugar tax would lead to job losses

5th April 2024

Business research organisation ThinkBusiness Africa has said that a significant increase in the tax on sugar-sweetened beverages (SSB) could have negative consequences for the industry, leading to job losses and reduced investment, according to The Guardian.

Tags: sugar tax, News excerpt, SSB

Countries: Nigeria

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NIGERIA: BUA Foods posts 23% rise in profit in 2023

1st April 2024

BUA Foods reported profit after tax of NGN112.1 billion (US$85.9 million) in 2023, up 22.7% from 2022, while revenue increased by 74.4% to NGN729.4 billion (US$559.2 million), according to Punch.

Tags: Corporate, Finance, News excerpt

Countries: Nigeria

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